| Db Date | 06/30/2023 |
| Estimated Property Exit Date | 05/04/2045 |
| State | TN |
| Name | SUNCREST APARTMENTS |
| Address | |
| Address 2 | |
| Address 3 | |
| City | NEWPORT |
| Zip Code | 37821 |
| Total Units | 32 |
| Rental Type | Family |
| Section | 515 Rural Housing |
| Revitalization | Yes |
| Tax Credit | Y |
| Borrower Profit Type | |
| Management Name | SHERWOOD MANAGEMENT COMPANY, INC |
| 1 Br | |
| 2 Br | |
| 3 Br | |
| 4 Br | |
| 5 Br | |
| 6 Br | |
| Handicapped Units | 2 |
| Vacant Units | 0 |
| Rental Assistance Units | 31 |
| Year Restrictive Clause Expires | 2045 |
| Borrower Name | HALLMARK SUNCREST LLC |
| Borrower Type | Other |
| Borrower Name 2 | |
| Borrower Address | |
| Borrower Address 3 | |
| Borrower Address 4 | |
| Borrower City State | ATLANTA, GA |
| Data As-of Date | |
| Fy Of Loan Obligation | 2015 |
| Interest Rate At Loan Closing % | 3.25 |
| Loan Amt | |
| Balloon? | TRUE |
| Remaining Term Days | 15402 |
| Orig Loan Term | 30 |
| Prepay Eligible | |
| Prepay Eligible Date Yr | 2045 |
| Loan Payoff Year | 2065 |
| Estimated Property Exit Year | 2045 |
| Project Number | |
| Project Id | 02 |
| Project Check Digit | 2 |
| Latitude | 35.960765 |
| Longitude | -83.201963 |
| Borrower Id | 611095795 |
| Date Of Operation | 05/04/1988 |
| Tax Credit Expires | 08/27/2035 |
| Property Key | |
| State County Fips Code |
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Bri-Anna Barbosa says:
"Affordable Housing Online is very informative and helpful by keeping you up to date with housing, including what's available and how to apply."