<format type="json">{ "property_identifier": "string", "due_diligence_summary_date": "date", "analyst_firm": "string optional", "overall_risk_assessment": "string", "environmental_findings": { "phase1_status": "string", "recognized_environmental_conditions": "list[{rec_type: string, description: string, severity: string, remediation_required: boolean, estimated_cost: number optional}]", "wetlands_impact": "boolean", "hazardous_materials_on_site": "list[string] optional" }, "structural_integrity": { "assessment_date": "date", "overall_condition_rating": "string", "major_structural_issues": "list[{issue_type: string, location: string, repair_recommendation: string, estimated_repair_cost: number optional}]", "ada_compliance_notes": "string optional" }, "lease_analysis_summary": { "total_occupied_sqft": "number", "weighted_average_lease_term_years": "number", "major_tenants": "list[{tenant_name: string, lease_start_date: date, lease_end_date: date, annual_rent: number, rent_escalation_mechanism: string, renewal_options: number, option_term_years: number optional}]", "vacancy_rate_percentage": "number", "tenant_defaults_identified": "boolean" }, "title_and_legal": { "clear_title_confirmed": "boolean", "major_encumbrances": "list[{encumbrance_type: string, description: string, parties_involved: string optional}] optional", "pending_litigation_related_to_property": "boolean", "zoning_classification": "string", "zoning_compliance_confirmed": "boolean" } }</format> <data>**CONFIDENTIAL DUE DILIGENCE MEMORANDUM**

**DATE:** 2025-08-14
**SUBJECT PROPERTY:** 15615 George Haven Apt. 103, Lake Willieberg, Pennsylvania 36312
**PREPARED BY:** Our internal review team

This report summarizes key findings from the due diligence conducted for the subject property. Our analysis, completed on 2025-08-14, indicates an overall risk profile assessed as **high** for a potential acquisition. The lead analyst, Tracey Taylor, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **further_investigation_required**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a minor issue of lead-based_paint, a minor issue of asbestos_containing_materials with potential remediation costs of $53114, a moderate issue of soil_contamination with potential remediation costs of $124220. The assessment found no evidence of direct wetlands impact. No significant quantities of hazardous materials were noted on-site.

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'good'**. The engineer's report highlighted several capital-intensive repairs. Specifically, foundation_settlement in the West wing, lower level requires attention with an estimated repair cost of $64,836. Specifically, roof_system_degradation in the North wing, lower level requires attention with an estimated repair cost of $174,751. Specifically, hvac_end_of_life in the East wing, lower level requires attention with an estimated repair cost of $77,692. The inspection was briefly delayed due to a minor scheduling conflict with a vendor.

**Lease and Tenancy Analysis:** The property's financial stability appears robust, with tenants occupying 149,191 sqft of a total 152,750 sqft, implying a vacancy of 2.33%. The rent roll is anchored by major tenants such as Anderson, Bender and Molina and Parker, Hamilton and Goodman. The weighted average lease term (WALT) is approximately 5.3 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including fixed_steps. Our review found no evidence of current tenant defaults.

**Title and Legal Matters:** The preliminary title report review indicates that clear title is **not yet confirmed**. Notable encumbrances include: mortgage_lien benefiting Snow, Cabrera and Christian. The property is zoned C-2 (Balanced bi-directional interface), and its current use is deemed compliant with local ordinances. We are not aware of any pending litigation concerning the property at this time. </data>
{
  "property_identifier": "15615 George Haven Apt. 103, Lake Willieberg, Pennsylvania 36312",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Top see value sometimes another throw through national since sure three his.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Son none scene human make house should health.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 53114
      },
      {
        "rec_type": "soil_contamination",
        "description": "Name color contain floor behind article lay history believe full agree chance country.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 124220
      }
    ],
    "wetlands_impact": false
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "West wing, lower level",
        "repair_recommendation": "Clearly building design capital. Thought news among structure.",
        "estimated_repair_cost": 64836
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "North wing, lower level",
        "repair_recommendation": "Thank probably perhaps often body you.",
        "estimated_repair_cost": 174751
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, lower level",
        "repair_recommendation": "Blue house range trial fight only debate.",
        "estimated_repair_cost": 77692
      }
    ]
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 149191,
    "weighted_average_lease_term_years": 5.3,
    "major_tenants": [
      {
        "tenant_name": "Anderson, Bender and Molina",
        "lease_start_date": "2024-06-26",
        "lease_end_date": "2033-08-19",
        "annual_rent": 833342,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 0
      },
      {
        "tenant_name": "Parker, Hamilton and Goodman",
        "lease_start_date": "2023-04-06",
        "lease_end_date": "2027-10-04",
        "annual_rent": 257917,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Jones, Hernandez and Michael",
        "lease_start_date": "2023-11-27",
        "lease_end_date": "2029-01-14",
        "annual_rent": 645142,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Guzman-Jimenez",
        "lease_start_date": "2022-06-09",
        "lease_end_date": "2027-05-06",
        "annual_rent": 726410,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Rodriguez and Sons",
        "lease_start_date": "2023-03-05",
        "lease_end_date": "2033-01-14",
        "annual_rent": 590822,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      }
    ],
    "vacancy_rate_percentage": 2.33,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Balanced bi-directional interface)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Finally reason staff beat can since huge account.",
        "parties_involved": "Snow, Cabrera and Christian"
      }
    ]
  }
}