| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 02/26/2038 |
| State | SC |
| Name | MAGNOLIA PARK APTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | ANDREWS |
| Zip Code | 29510 |
| Total Units | 24 |
| 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 | 3 |
| Vacant Units | 0 |
| Rental Assistance Units | 24 |
| Year Restrictive Clause Expires | 2028 |
| Borrower Name | MAGNOLIA PARK 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 | 2005 |
| Interest Rate At Loan Closing % | 5.38 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 12627 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2038 |
| Loan Payoff Year | 2058 |
| Estimated Property Exit Year | 2038 |
| Project Number | |
| Project Id | 01 |
| Project Check Digit | 4 |
| Latitude | 33.35386 |
| Longitude | -79.658665 |
| Borrower Id | 294751138 |
| Date Of Operation | 02/26/2008 |
| Tax Credit Expires | 02/26/2028 |
| Property Key | |
| State County Fips Code |
Only submit truthful information.
Submitting false information can disqualify the household from assistance, and may land the applicant in legal trouble.LMarie Murphy says:
"This website is very user friendly, and offers important information. It really helps to feel empowered when you have never done this process before. Thank you Affordable Housing Online!"