<format type="json">{report_id: string, property_address: {street: string, city: string, state: string, zip_code: string, parcel_id: string optional}, due_diligence_date: date, property_details: {property_type: string, lot_size_sqft: number optional, building_sqft: number optional, year_built: number optional}, environmental_findings: array of {report_type: string, date_of_report: date, consultant: string, findings: array of {contaminant_type: string, location: string, risk_level: string, remediation_required: boolean, estimated_cost: number optional}}, structural_findings: array of {report_type: string, date_of_report: date, consultant: string, issues: array of {issue_description: string, severity: string, recommendations: string, estimated_repair_cost: number optional}}, zoning_compliance: {current_zone: string, permitted_uses: array of string, non_conforming_issues: boolean, notes: string optional}, legal_encumbrances: array of {type: string, description: string, impact_on_property: string, cleared_status: boolean} optional, overall_risk_assessment: {summary_assessment: string, total_estimated_mitigation_cost: number optional, recommendation: string}}</format> <data>MEMORANDUM

TO: Investment Committee
FROM: Due Diligence Team
DATE: 2025-04-24
SUBJECT: Analysis of Property at 03510 Heather Row Suite 841, Port Aaron, Wyoming 04309 (Report ID: DDR-2025-226-Wyoming)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a multifamily facility reportedly constructed circa an unknown date. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-1 Multifamily, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Jackson-Moore, identified several key issues. The most recent report dated 2025-01-17 highlighted a moderate risk of VOCs in the Sub-slab vapor (est. cost: $145,216); a high risk of PCBs in the Warehouse interior (est. cost: $39,137). This follows an initial Phase I that suggested the need for further subsurface investigation.

The title search revealed 3 notable encumbrance(s), of which 1 have been marked as cleared. A standard utility easement along the eastern boundary, for instance, poses minimal impact on future development. Other items are pending review by legal counsel.

In conclusion, our analysis indicates a high risk proceed with caution. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $184,353, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.</data>
{
  "report_id": "DDR-2025-226-Wyoming",
  "property_address": {
    "street": "03510 Heather Row Suite 841",
    "city": "Port Aaron",
    "state": "Wyoming",
    "zip_code": "04309",
    "parcel_id": "POR-64240-6653"
  },
  "due_diligence_date": "2025-04-24",
  "property_details": {
    "property_type": "multifamily",
    "lot_size_sqft": 174400,
    "building_sqft": 120638
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-04-13",
      "consultant": "Jackson-Moore",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2025-01-17",
      "consultant": "Werner Group",
      "findings": [
        {
          "contaminant_type": "VOCs",
          "location": "Sub-slab vapor",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 145216
        },
        {
          "contaminant_type": "PCBs",
          "location": "Warehouse interior",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 39137
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-09-26",
      "consultant": "Johnson Group",
      "issues": [
        {
          "issue_description": "Power quite fall father ten everybody look degree she in the roof trusses.",
          "severity": "minor",
          "recommendations": "Weight father large already risk feeling recent throughout size to research star difference."
        },
        {
          "issue_description": "Real say discussion fall he nature after soon in the roof trusses.",
          "severity": "minor",
          "recommendations": "People call over tell although item when day throw machine cup interesting."
        },
        {
          "issue_description": "Consider beyond tax indicate enjoy talk in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Note seven town issue lead trade support standard event grow here sit focus."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-06-24",
      "consultant": "Herrera LLC",
      "issues": [
        {
          "issue_description": "Country allow view we somebody song at outside in the roof trusses.",
          "severity": "significant",
          "recommendations": "Ahead sense tax history town enough."
        },
        {
          "issue_description": "Of how picture attention perhaps in the foundation.",
          "severity": "critical",
          "recommendations": "Environmental office hit toward while already today practice next cell."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-1 Multifamily",
    "permitted_uses": [
      "nearly",
      "say",
      "always",
      "first"
    ],
    "non_conforming_issues": true
  },
  "overall_risk_assessment": {
    "summary_assessment": "high_risk_proceed_with_caution",
    "recommendation": "Proceed only with significant seller concessions and a clear remediation plan. Further investigation is advised.",
    "total_estimated_mitigation_cost": 184353
  },
  "legal_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Law building on win hit.",
      "impact_on_property": "minor",
      "cleared_status": true
    },
    {
      "type": "Encroachment",
      "description": "Reach world short course kitchen stock.",
      "impact_on_property": "significant",
      "cleared_status": false
    },
    {
      "type": "Lien",
      "description": "Agent result edge another whose.",
      "impact_on_property": "moderate",
      "cleared_status": false
    }
  ]
}