<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-2025-5947
Date of Report: 2025-08-03
Subject Property: 53143 Sydney Summit Apt. 143, Port Sarah, North Dakota 48543
Prepared by: Hanna-Faulkner

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 significant risk profile, driven by several key factors across structural, environmental, and financial domains. The on-site property manager was cooperative during our walkthrough. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating spalling concrete.Similarly, the framing is considered Poor; however, bowing in roof joists. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 16 years, its condition is poor, 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 'No RECs Identified'. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, 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 Fire Alarm Control Panel exhibits issues such as inefficient operation, nearing end of useful life. The HVAC system is in Good condition. The Boiler exhibits issues such as inefficient operation, requires immediate service. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $193,906 in required expenditures over the next decade. This includes approximately $193,906 for Roof Replacement within 0 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $193,906. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of minor impact, such as a Encroachment related to 'Wright PLC holds a encroachment for repurpose killer web services.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months..</data>
{
  "report_id": "DDR-2025-5947",
  "property_address": "53143 Sydney Summit Apt. 143, Port Sarah, North Dakota 48543",
  "report_date": "2025-08-03",
  "report_author_firm": "Hanna-Faulkner",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "spalling concrete"
      ]
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "bowing in roof joists"
      ],
      "notes": "Which marriage write wall go among party likely will assume whose."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 16,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Fair",
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Good"
        },
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Wright PLC holds a encroachment for repurpose killer web services.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Curry-Conway holds a covenant for leverage sticky platforms.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Encroachment",
      "description": "Morrison-Rose holds a encroachment for facilitate bricks-and-clicks relationships.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Smith, Elliott and Tran holds a covenant for cultivate robust niches.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 193906,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months."
  ],
  "estimated_remediation_cost_usd": 193906
}