TIMBER RIDGE APTS

Db Date 06/30/2023
Estimated Property Exit Date 01/16/2039
State NC
Name TIMBER RIDGE APTS
Address
Address 2
Address 3
City ROCKINGHAM
Zip Code 28379
Total Units 32
Rental Type Family
Section 515 Rural Housing
Revitalization No
Tax Credit N
Borrower Profit Type
Management Name GEM MANAGEMENT LLC
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 2
Vacant Units 1
Rental Assistance Units 25
Year Restrictive Clause Expires 2040
Borrower Name TIMBER RIDGE LP GEM MANAGEMENT
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 1991
Interest Rate At Loan Closing % 8.75
Loan Amt
Balloon? FALSE
Remaining Term Days 6021
Orig Loan Term 50
Prepay Eligible
Prepay Eligible Date Yr 2040
Loan Payoff Year 2039
Estimated Property Exit Year 2039
Project Number
Project Id 01
Project Check Digit 2
Latitude 34.945778
Longitude -79.768234
Borrower Id 508040976
Date Of Operation 01/16/1990
Tax Credit Expires
Property Key
State County Fips Code