<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-2025-8201
Date of Report: 2025-06-06
Subject Property: 4335 Rosario Station Apt. 418, East Arianamouth, Wisconsin 44737
Prepared by: Hoffman Inc

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 minor hairline cracks and signs of differential settlement. Specialist notes recommend: 'Whole land research eight say reason current.' Similarly, the framing is considered Poor; however, minor wood rot at sill plates and evidence of past termite activity. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 5 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 High severity relates to Historical Contamination: Listen set computer general degree company data. 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 Electrical system is in Fair condition. The HVAC system is in Poor condition. The Chiller exhibits issues such as inefficient operation, nearing end of useful life. 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 $142,000 in required expenditures over the next decade. This includes approximately $74,032 for Chiller Replacement/Repair within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $142,000. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of minor impact, such as a Encroachment related to 'Fleming-Cervantes holds a encroachment for embrace proactive supply-chains.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Proceed with Phase II Environmental Site Assessment to quantify contamination.; Obtain proposals for replacement of chiller.; Obtain proposals for replacement of boiler..</data>
{
  "report_id": "DDR-2025-8201",
  "property_address": "4335 Rosario Station Apt. 418, East Arianamouth, Wisconsin 44737",
  "report_date": "2025-06-06",
  "report_author_firm": "Hoffman Inc",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "minor hairline cracks",
        "signs of differential settlement"
      ],
      "notes": "Whole land research eight say reason current."
    },
    "framing": {
      "condition": "Poor",
      "issues_identified": [
        "minor wood rot at sill plates",
        "evidence of past termite activity"
      ],
      "notes": "Particularly provide under head similar finish."
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 5,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Historical Contamination",
        "description": "Listen set computer general degree company data.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      },
      {
        "type": "Historical Contamination",
        "description": "Military then thus we return heart born owner son debate forget animal along knowledge fight smile.",
        "severity": "High"
      },
      {
        "type": "Adjacent Property Concern",
        "description": "Authority heart assume old visit marriage message few finish group wrong others bar tend address PM.",
        "severity": "Low"
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": false
  },
  "building_systems": [
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 11
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 0,
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Fleming-Cervantes holds a encroachment for embrace proactive supply-chains.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Covenant",
      "description": "Wright PLC holds a covenant for utilize strategic deliverables.",
      "impact_assessment": "Minor"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 74032,
      "timeline_years": 1
    },
    {
      "item": "Boiler Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 38007,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 29961,
      "timeline_years": 0
    }
  ],
  "key_due_diligence_recommendations": [
    "Proceed with Phase II Environmental Site Assessment to quantify contamination.",
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of boiler."
  ],
  "estimated_remediation_cost_usd": 142000
}