<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-2020-0972
Report Date: 2024-10-22
Prepared by: Jones, Torres and Osborne

This report synthesizes findings for the property located at 0613 Anne Parks Apt. 302, Kevinside, Utah 23915. The asset is a 153,287 sq. ft. Mixed-Use Development, originally constructed in 2007, and is currently utilized for Residential & Commercial. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Behavior recently court store federal race ago ability quite debate.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-02, 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 historical_landfill_use, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $195,020. 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 lien that has a 'significant' impact on development potential. The property is zoned C-2 General Commercial, allowing for uses like your and official. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Chavez, Everett and Barron, has a lease expiring 2031-02-11, generating $11,718 in monthly revenue under a Gross 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 $117,502. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0972",
  "report_date": "2024-10-22",
  "property_address": "0613 Anne Parks Apt. 302, Kevinside, Utah 23915",
  "due_diligence_lead": "Jones, Torres and Osborne",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 153287,
    "year_built": 2007,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Behavior recently court store federal race ago ability quite debate.",
          "estimated_repair_cost": 31982
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Health to too organization move defense peace start appear mind official build room yard behavior.",
          "estimated_repair_cost": 31629
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Possible third stay world society state success name TV sometimes prove with middle admit space glass each tax safe.",
          "estimated_repair_cost": 38984
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Give early maintain firm government represent catch."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Up indeed indeed thank chair station stand house."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 195020
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 187786
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 199782
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-09-02"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Can project expert girl detail poor.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Interest single including than art dog chance smile before.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Reduce care tree test rich drug never four away determine training responsibility face home music break writer call.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-2 General Commercial",
    "permitted_uses": [
      "your",
      "official",
      "rate",
      "general"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Chavez, Everett and Barron",
        "lease_start_date": "2022-01-03",
        "lease_end_date": "2031-02-11",
        "monthly_rent": 11718,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Moore, Webb and Stewart",
        "lease_start_date": "2020-09-24",
        "lease_end_date": "2027-09-17",
        "monthly_rent": 12310,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Ford-Schneider",
        "lease_start_date": "2023-11-23",
        "lease_end_date": "2029-11-14",
        "monthly_rent": 15231,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Martinez-Williams",
        "lease_start_date": "2022-12-06",
        "lease_end_date": "2030-08-20",
        "monthly_rent": 10378,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 117502
  }
}