RIDGEWAY APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 06/30/2034
State NC
Name RIDGEWAY APARTMENTS
Address
Address 2
Address 3
City SPRING HOPE
Zip Code 27882
Total Units 32
Rental Type Elderly
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 7
Vacant Units 0
Rental Assistance Units 32
Year Restrictive Clause Expires 2034
Borrower Name RIDGEWAY HOUSING LLC
Borrower Type Other
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 % 5.88
Loan Amt
Balloon? TRUE
Remaining Term Days 11302
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2034
Loan Payoff Year 2054
Estimated Property Exit Year 2034
Project Number
Project Id 01
Project Check Digit 1
Latitude 36.122475
Longitude -78.555725
Borrower Id 834228836
Date Of Operation 06/30/2004
Tax Credit Expires 07/01/2019
Property Key
State County Fips Code