LEE TERRACE APARTMENTS

Db Date 06/30/2023
Estimated Property Exit Date 12/22/2048
State VA
Name LEE TERRACE APARTMENTS
Address
Address 2
Address 3
City PENNINGTON GAP
Zip Code 24277
Total Units 40
Rental Type Elderly
Section 515 Rural Housing
Revitalization No
Tax Credit Y
Borrower Profit Type
Management Name PEOPLE INCORPORATED OF VIRGINIA
1 Br
2 Br
3 Br
4 Br
5 Br
6 Br
Handicapped Units 0
Vacant Units 1
Rental Assistance Units 40
Year Restrictive Clause Expires 2038
Borrower Name PENNINGTON GAP APARTMENTS, L.L.C.
Borrower Type Limited Partnership
Borrower Name 2
Borrower Address
Borrower Address 3
Borrower Address 4
Borrower City State ABINGDON, VA
Data As-of Date
Fy Of Loan Obligation 1993
Interest Rate At Loan Closing % 3.5
Loan Amt
Balloon? TRUE
Remaining Term Days 16574
Orig Loan Term 30
Prepay Eligible
Prepay Eligible Date Yr 2048
Loan Payoff Year 2068
Estimated Property Exit Year 2048
Project Number
Project Id 01
Project Check Digit 2
Latitude 36.749759
Longitude -83.049448
Borrower Id 962739763
Date Of Operation 12/22/1994
Tax Credit Expires 11/13/2038
Property Key
State County Fips Code