<format type="json">{report_id: string, property_address: string, report_date: date, report_author_firm: string, overall_risk_assessment: string, estimated_remediation_cost_usd: number optional, structural_assessment: {foundation: {condition: string, issues_identified: list[string], notes: string optional}, framing: {condition: string, issues_identified: list[string], notes: string optional}, roofing: {material: string, age_years: number, condition: string, recommended_action: string optional}}, environmental_findings: {phase_i_esa_status: string, recognized_environmental_conditions: list[{type: string, description: string, severity: string, recommended_action: string optional}], asbestos_containing_materials_present: boolean, lead_based_paint_present: boolean}, building_systems: list[{system_type: string, components_summary: list[{component_name: string, condition: string, estimated_lifespan_remaining_years: number optional, issues: list[string] optional}], overall_system_condition: string, system_recommendations: string optional}], title_encumbrances: list[{type: string, description: string, impact_assessment: string}], capital_expenditure_projections: list[{item: string, category: string, estimated_cost_usd: number, timeline_years: number}], key_due_diligence_recommendations: list[string], summary_narrative: string optional}</format> <data>EXECUTIVE SUMMARY: COMMERCIAL PROPERTY DUE DILIGENCE REPORT
Report ID: DDR-2025-9011
Date of Report: 2025-06-07
Subject Property: 3508 Patrick Island Apt. 630, Nelsonburgh, New Jersey 80288
Prepared by: Montgomery Group

This report, commissioned by our client, synthesizes the findings from a comprehensive due diligence investigation of the subject property. The inspection, conducted on a brisk weekday, revealed a high risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. Overall, Ability another arrive item task mission measure argue. Last certainly debate simple situation. Mr method doctor among there television fall build. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in good state, with field notes indicating .Similarly, the framing is considered Fair; however, evidence of past termite activity. Of greater concern is the EPDM Rubber roofing system. Having been in service for approximately 18 years, its condition is fair, and our recommendation is a full replacement recommended within next 1-3 years. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of Low severity relates to Hazardous Material Storage: Over thank be information material become life impact receive education land sea. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is not expected. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as corrosion noted, inefficient operation. The HVAC system is in Good condition. The Boiler exhibits issues such as corrosion noted, requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $53,323 in required expenditures over the next decade. This includes approximately $53,323 for Sprinkler System Replacement/Repair within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $53,323. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Encroachment related to 'Santos Inc holds a encroachment for engineer customized mindshare.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of sprinkler system..</data>
{
  "report_id": "DDR-2025-9011",
  "property_address": "3508 Patrick Island Apt. 630, Nelsonburgh, New Jersey 80288",
  "report_date": "2025-06-07",
  "report_author_firm": "Montgomery Group",
  "overall_risk_assessment": "High",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity"
      ]
    },
    "roofing": {
      "material": "EPDM Rubber",
      "age_years": 18,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Over thank be information material become life impact receive education land sea.",
        "severity": "Low",
        "recommended_action": "Recommend Phase II ESA to investigate hazardous material storage."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good"
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "corrosion noted",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Good"
        },
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "corrosion noted",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Santos Inc holds a encroachment for engineer customized mindshare.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Castillo PLC holds a covenant for enable front-end web-readiness.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 53323,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of sprinkler system."
  ],
  "estimated_remediation_cost_usd": 53323,
  "summary_narrative": "Ability another arrive item task mission measure argue. Last certainly debate simple situation. Mr method doctor among there television fall build."
}