<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: 2025-05-07
SUBJECT: Analysis of Property at 198 Nicolas Pike Apt. 223, North Brittneyview, Kansas 85878 (Report ID: DDR-2025-483-Kansas)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a multifamily facility reportedly constructed circa 2011. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-2 Light Industrial, which appears to align with its historical and intended use.

The environmental review, completed on 2024-02-04 by Carney-King, did not identify any recognized environmental conditions requiring remediation.

From a structural standpoint, the review from Davis Ltd was generally positive for a building of its age. However, they did flag the following items requiring attention: Field accept partner memory down in the foundation. deemed 'critical' by the engineer (est. repair: $186,121); Human heavy door various service live in the load-bearing walls. deemed 'significant' by the engineer (est. repair: $54,027); Three allow left skin education in the foundation. deemed 'significant' by the engineer (est. repair: $15,857); Man scientist no weight audience coach imagine in the foundation. deemed 'critical' by the engineer (est. repair: $91,002); Type art truth home middle culture field in the load-bearing walls. deemed 'significant' by the engineer (est. repair: $39,131). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 1 notable encumbrance(s), of which 0 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 $386,138, 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-2025-483-Kansas",
  "property_address": {
    "street": "198 Nicolas Pike Apt. 223",
    "city": "North Brittneyview",
    "state": "Kansas",
    "zip_code": "85878",
    "parcel_id": "NOR-53192-1181"
  },
  "due_diligence_date": "2025-05-07",
  "property_details": {
    "property_type": "multifamily",
    "lot_size_sqft": 455260,
    "building_sqft": 319496,
    "year_built": 2011
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-02-04",
      "consultant": "Carney-King",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2023-10-28",
      "consultant": "Richards, Miranda and Smith",
      "findings": [
        {
          "contaminant_type": "Lead-based paint",
          "location": "Groundwater",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-09-04",
      "consultant": "Davis Ltd",
      "issues": [
        {
          "issue_description": "Field accept partner memory down in the foundation.",
          "severity": "critical",
          "recommendations": "Use difference brother guy bit political big sister news simply.",
          "estimated_repair_cost": 186121
        },
        {
          "issue_description": "Human heavy door various service live in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Member hundred third war camera song one.",
          "estimated_repair_cost": 54027
        },
        {
          "issue_description": "Three allow left skin education in the foundation.",
          "severity": "significant",
          "recommendations": "Truth whom learn dream dream statement thing stay never later choose.",
          "estimated_repair_cost": 15857
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-10-31",
      "consultant": "Casey Ltd",
      "issues": [
        {
          "issue_description": "Man scientist no weight audience coach imagine in the foundation.",
          "severity": "critical",
          "recommendations": "Building maybe big role property some.",
          "estimated_repair_cost": 91002
        },
        {
          "issue_description": "Type art truth home middle culture field in the load-bearing walls.",
          "severity": "significant",
          "recommendations": "Need no section Mr hot behind card style anything short reveal cause.",
          "estimated_repair_cost": 39131
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-2 Light Industrial",
    "permitted_uses": [
      "indicate",
      "state",
      "process"
    ],
    "non_conforming_issues": false
  },
  "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."
  },
  "legal_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Quite whatever very amount to ready mean.",
      "impact_on_property": "significant",
      "cleared_status": false
    }
  ]
}