MORGAN HILLS APTS

Db Date 06/30/2023
Estimated Property Exit Date 11/01/2032
State NC
Name MORGAN HILLS APTS
Address
Address 2
Address 3
City MORGANTON
Zip Code 28655
Total Units 48
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name GEM MANAGEMENT LLC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 0
Vacant Units 2
Rental Assistance Units 46
Year Restrictive Clause Expires 2021
Borrower Name MORGAN HILLS LP
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State CHARLOTTE, NC
Data As-of Date
Fy Of Loan Obligation 2001
Interest Rate At Loan Closing % 6.75
Loan Amt
Balloon? TRUE
Remaining Term Days 10636
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2032
Loan Payoff Year 2052
Estimated Property Exit Year 2032
Project Number
Project Id 01
Project Check Digit 8
Latitude 35.723398
Longitude -81.746719
Borrower Id 785893771
Date Of Operation 11/01/2001
Tax Credit Expires 08/01/2032
Property Key
State County Fips Code
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