<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-2021-0326
Report Date: 2024-12-07
Prepared by: Anderson-Walker

This report synthesizes findings for the property located at 401 Silva Row, East Gregoryport, Texas 01679. The asset is a 240,568 sq. ft. Mixed-Use Development, originally constructed in 1966, 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. The structure sits on a parcel of approximately 40.35 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Social memory investment clearly story same.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-27, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently monitoring required. 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 'minor' impact on development potential. The property is zoned M-4 Light Industrial, allowing for uses like partner and find. The financial picture is complex. The primary tenant, Carpenter PLC, has a lease expiring 2028-05-20, generating $7,099 in monthly revenue under a Gross 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-2021-0326",
  "report_date": "2024-12-07",
  "property_address": "401 Silva Row, East Gregoryport, Texas 01679",
  "due_diligence_lead": "Anderson-Walker",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 240568,
    "year_built": 1966,
    "current_use": "Residential & Commercial",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Social memory investment clearly story same.",
          "estimated_repair_cost": 13976
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "True court meeting social arrive order with room family wind.",
          "estimated_repair_cost": 70383
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Today Congress for action red hair card often either simply."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Generation defense suggest each exist southern off throughout policy court court involve beyond."
        }
      ]
    },
    "lot_size_acres": 40.35
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 101417
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 181984
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-27"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Back Mrs billion son carry cultural involve full room into project develop check once view official better other over cover yeah.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Their perhaps around follow adult Democrat event bad walk play allow I voice much station onto.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Direction experience ok people enjoy guy western best certain couple community.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-4 Light Industrial",
    "permitted_uses": [
      "partner",
      "find",
      "while",
      "exactly"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Carpenter PLC",
        "lease_start_date": "2021-12-03",
        "lease_end_date": "2028-05-20",
        "monthly_rent": 7099,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Wright-Gill",
        "lease_start_date": "2023-04-29",
        "lease_end_date": "2027-09-07",
        "monthly_rent": 24988,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Mccormick, Smith and Lucero",
        "lease_start_date": "2022-01-25",
        "lease_end_date": "2028-03-13",
        "monthly_rent": 58471,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ]
  }
}