<format type="json">{ "property_identifier": "string", "due_diligence_summary_date": "date", "analyst_firm": "string optional", "overall_risk_assessment": "string", "environmental_findings": { "phase1_status": "string", "recognized_environmental_conditions": "list[{rec_type: string, description: string, severity: string, remediation_required: boolean, estimated_cost: number optional}]", "wetlands_impact": "boolean", "hazardous_materials_on_site": "list[string] optional" }, "structural_integrity": { "assessment_date": "date", "overall_condition_rating": "string", "major_structural_issues": "list[{issue_type: string, location: string, repair_recommendation: string, estimated_repair_cost: number optional}]", "ada_compliance_notes": "string optional" }, "lease_analysis_summary": { "total_occupied_sqft": "number", "weighted_average_lease_term_years": "number", "major_tenants": "list[{tenant_name: string, lease_start_date: date, lease_end_date: date, annual_rent: number, rent_escalation_mechanism: string, renewal_options: number, option_term_years: number optional}]", "vacancy_rate_percentage": "number", "tenant_defaults_identified": "boolean" }, "title_and_legal": { "clear_title_confirmed": "boolean", "major_encumbrances": "list[{encumbrance_type: string, description: string, parties_involved: string optional}] optional", "pending_litigation_related_to_property": "boolean", "zoning_classification": "string", "zoning_compliance_confirmed": "boolean" } }</format> <data>**CONFIDENTIAL DUE DILIGENCE MEMORANDUM**

**DATE:** 2025-08-14
**SUBJECT PROPERTY:** 0149 Barrett Dale Apt. 555, North Anthonystad, Oklahoma 52512
**PREPARED BY:** Roman LLC

This report summarizes key findings from the due diligence conducted for the subject property. Our analysis, completed on 2025-08-14, indicates an overall risk profile assessed as **high** for a potential acquisition. The lead analyst, Danielle Davis, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a moderate issue of groundwater_impact, a moderate issue of vapor_intrusion_concern with potential remediation costs of $89436, a moderate issue of soil_contamination, a minor issue of groundwater_impact. The assessment found no evidence of direct wetlands impact. Standard storage of materials like number, risk, way, need was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'fair'**. The engineer's report highlighted several capital-intensive repairs. Specifically, facade_water_intrusion in the West wing, upper level requires attention with an estimated repair cost of $196,649. Specifically, hvac_end_of_life in the South wing, lower level requires attention with an estimated repair cost of $18,526. Furthermore, Time miss total view simple choice. The inspection was briefly delayed due to a minor scheduling conflict with a vendor.

**Lease and Tenancy Analysis:** The property's financial stability appears robust, with tenants occupying 41,180 sqft of a total 54,298 sqft, implying a vacancy of 24.16%. The rent roll is anchored by major tenants such as Reyes-Reed and Williams, Wilkerson and Flores. The weighted average lease term (WALT) is approximately 4.5 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including fixed_steps. Our review found no evidence of current tenant defaults.

**Title and Legal Matters:** The preliminary title report review indicates that clear title is **not yet confirmed**. Notable encumbrances include: access_easement benefiting Mcguire-Marshall; access_easement benefiting Martinez, Reyes and Jones. The property is zoned I-1 (Multi-tiered modular protocol), and its current use is deemed non-compliant with local ordinances. We are not aware of any pending litigation concerning the property at this time. </data>
{
  "property_identifier": "0149 Barrett Dale Apt. 555, North Anthonystad, Oklahoma 52512",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Receive another sit do high someone wrong.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Physical what evidence possible past possible capital over.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 89436
      },
      {
        "rec_type": "soil_contamination",
        "description": "Play reason them religious her form reduce relationship environmental news.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Call particularly establish listen case range.",
        "severity": "minor",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "number",
      "risk",
      "way",
      "need"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "facade_water_intrusion",
        "location": "West wing, upper level",
        "repair_recommendation": "Else final reality wear.",
        "estimated_repair_cost": 196649
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, lower level",
        "repair_recommendation": "Mrs son that despite.",
        "estimated_repair_cost": 18526
      }
    ],
    "ada_compliance_notes": "Time miss total view simple choice."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 41180,
    "weighted_average_lease_term_years": 4.5,
    "major_tenants": [
      {
        "tenant_name": "Reyes-Reed",
        "lease_start_date": "2022-11-05",
        "lease_end_date": "2027-01-11",
        "annual_rent": 631658,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3
      },
      {
        "tenant_name": "Williams, Wilkerson and Flores",
        "lease_start_date": "2023-07-10",
        "lease_end_date": "2031-07-15",
        "annual_rent": 200111,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3,
        "option_term_years": 5
      },
      {
        "tenant_name": "Daugherty, Barry and Boyd",
        "lease_start_date": "2022-06-08",
        "lease_end_date": "2031-12-22",
        "annual_rent": 860094,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 24.16,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "I-1 (Multi-tiered modular protocol)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "Stay hand structure writer war memory question stand article case.",
        "parties_involved": "Mcguire-Marshall"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Congress true outside scene space accept even identify gas board character environment.",
        "parties_involved": "Martinez, Reyes and Jones"
      }
    ]
  },
  "analyst_firm": "Roman LLC"
}