<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-2025-2556
Date of Report: 2025-05-26
Subject Property: 047 Melissa Hills Apt. 106, West Robert, Idaho 74896
Prepared by: Washington 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 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 good state, with field notes indicating .Similarly, the framing is considered Fair; however, evidence of past termite activity. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 3 years, its condition is poor, and it will require monitoring. 

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 likely, while lead-based paint is a concern. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The HVAC system is in Poor condition. The Chiller exhibits issues such as requires immediate service, nearing end of useful life. The Plumbing system is in Good condition. The Electrical system is in Fair condition. The Main Switchgear exhibits issues such as corrosion noted. The Fire Safety system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $165,809 in required expenditures over the next decade. This includes approximately $137,395 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $165,809. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of moderate impact, such as a Covenant related to 'Lopez PLC holds a covenant for enhance interactive experiences.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of chiller..</data>
{
  "report_id": "DDR-2025-2556",
  "property_address": "047 Melissa Hills Apt. 106, West Robert, Idaho 74896",
  "report_date": "2025-05-26",
  "report_author_firm": "Washington Group",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Good",
      "issues_identified": []
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "evidence of past termite activity"
      ],
      "notes": "Upon key somebody ask line election popular write."
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 3,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 5,
          "issues": [
            "requires immediate service",
            "nearing end of useful life"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 1
        }
      ],
      "overall_system_condition": "Good"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good"
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 10
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Covenant",
      "description": "Lopez PLC holds a covenant for enhance interactive experiences.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Nguyen and Sons holds a covenant for implement B2B platforms.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 137395,
      "timeline_years": 2
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 28414,
      "timeline_years": 2
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of chiller."
  ],
  "estimated_remediation_cost_usd": 165809
}