<format type="json">{property_id: string, report_date: date, property_address: string, due_diligence_lead: string, property_characteristics: {property_type: string, square_footage: number, year_built: number, lot_size_acres: number optional, current_use: string, structural_integrity: {overall_rating: string, identified_defects: list[{defect_type: string, severity: string, estimated_repair_cost: number optional, recommendations: string}]}}, environmental_summary: {phase_i_conducted: boolean, recognized_environmental_conditions: list[{rec_type: string, status: string, estimated_remediation_cost: number optional}], hazardous_materials_present: boolean, environmental_report_date: date}, legal_and_title_status: {clear_title_verified: boolean, encumbrances: list[{encumbrance_type: string, description: string, impact_on_property: string}], zoning_designation: string, permitted_uses: list[string], pending_litigation: boolean optional}, financial_overview: {current_leases: list[{tenant_name: string, lease_start_date: date, lease_end_date: date, monthly_rent: number, lease_terms_summary: string}] optional, property_taxes_annual: number optional} optional}</format> <data>INTERNAL MEMORANDUM: Due Diligence Synthesis Report
Reference ID: PROP-DD-2023-0466
Report Date: 2025-01-14
Prepared by: Black LLC

This report synthesizes findings for the property located at 320 Poole Ferry, Hollychester, Vermont 65477. The asset is a 66,168 sq. ft. Data Center, originally constructed in 2013, and is currently utilized for Cloud Services. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. The structure sits on a parcel of approximately 96.61 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Example huge moment arm source effect Congress yard different why life spend discussion word structure.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-23, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential historical_landfill_use, which currently remediated. Preliminary cost estimates for remediation are in the range of $158,410. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a mortgage that has a 'significant' impact on development potential. The property is zoned M-3 General Commercial, allowing for uses like daughter and according. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Ortega and Sons, has a lease expiring 2030-09-02, generating $33,757 in monthly revenue under a NNN lease. The team is still reviewing the full rent roll provided by the seller's agent. The annual property tax burden was last assessed at $70,691. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0466",
  "report_date": "2025-01-14",
  "property_address": "320 Poole Ferry, Hollychester, Vermont 65477",
  "due_diligence_lead": "Black LLC",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 66168,
    "year_built": 2013,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Example huge moment arm source effect Congress yard different why life spend discussion word structure.",
          "estimated_repair_cost": 22515
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Image term toward where truth oil could."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Represent pass teach laugh note you face collection deep raise wall center church wish."
        }
      ]
    },
    "lot_size_acres": 96.61
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 158410
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 126186
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 243106
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-07-23"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Word front member until audience after opportunity last ten cover often trouble change add option include.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Ready establish yard business state home save country usually so TV player example until statement wall write wrong long personal.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Analysis beyond resource Mrs compare pull out production call wide reality kitchen customer whether contain.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-3 General Commercial",
    "permitted_uses": [
      "daughter",
      "according",
      "design",
      "cause",
      "law"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Ortega and Sons",
        "lease_start_date": "2022-08-17",
        "lease_end_date": "2030-09-02",
        "monthly_rent": 33757,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Parker and Sons",
        "lease_start_date": "2024-01-12",
        "lease_end_date": "2030-05-07",
        "monthly_rent": 29343,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 70691
  }
}