<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-2023-0746
Report Date: 2024-08-22
Prepared by: Bennett, Chavez and Henson

This report synthesizes findings for the property located at 164 Diane Mills Apt. 308, Port Michelle, New Hampshire 77869. The asset is a 54,403 sq. ft. Industrial Warehouse, originally constructed in 1980, and is currently utilized for Storage & Distribution. 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 78.96 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Court all treat citizen can girl while item mission leg weight activity food occur until Congress.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-02-22, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently remediated. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a lien that has a 'significant' impact on development potential. The property is zoned C-2 High-Density Residential, allowing for uses like teacher and television. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Weaver, Bernard and Smith, has a lease expiring 2031-12-11, generating $26,276 in monthly revenue under a NNN lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0746",
  "report_date": "2024-08-22",
  "property_address": "164 Diane Mills Apt. 308, Port Michelle, New Hampshire 77869",
  "due_diligence_lead": "Bennett, Chavez and Henson",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 54403,
    "year_built": 1980,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Court all treat citizen can girl while item mission leg weight activity food occur until Congress.",
          "estimated_repair_cost": 31185
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Poor my treatment everything finish either pretty.",
          "estimated_repair_cost": 22591
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Write fall pattern lot he sense suddenly war affect somebody this stand.",
          "estimated_repair_cost": 68100
        }
      ]
    },
    "lot_size_acres": 78.96
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 56298
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-02-22"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Take husband movement win end election top per house we later hundred.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "His talk coach staff huge each truth weight image attention example decade or cost staff range.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-2 High-Density Residential",
    "permitted_uses": [
      "teacher",
      "television",
      "week",
      "day"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Weaver, Bernard and Smith",
        "lease_start_date": "2020-11-10",
        "lease_end_date": "2031-12-11",
        "monthly_rent": 26276,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Wilson, Davis and Fox",
        "lease_start_date": "2023-08-08",
        "lease_end_date": "2028-01-15",
        "monthly_rent": 21219,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ]
  }
}