<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: 2025-02-18
SUBJECT: Analysis of Property at 59074 Hill Port, Elizabethmouth, Alaska 53838 (Report ID: DDR-2025-495-Alaska)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a multifamily facility reportedly constructed circa 1976. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-2 Multifamily, which appears to align with its historical and intended use.

The environmental review, completed on 2023-09-14 by Hernandez and Sons, did not identify any recognized environmental conditions requiring remediation.

From a structural standpoint, the review from Martinez, Bates and Thomas was generally positive for a building of its age. However, they did flag the following items requiring attention: Wrong idea bad poor security sense she either hundred in the foundation. deemed 'significant' by the engineer (est. repair: $15,164). Their lead engineer, who has been in the field for over two decades, provided detailed recommendations in their full report.

The title search revealed 2 notable encumbrance(s), of which 1 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 low risk. The cumulative financial exposure for the identified deficiencies is estimated to be in the region of $15,164, though this figure is preliminary. Based on these findings, our recommendation is as follows: Proceed with acquisition. Issues identified are considered minor and within typical operational budgets.</data>
{
  "report_id": "DDR-2025-495-Alaska",
  "property_address": {
    "street": "59074 Hill Port",
    "city": "Elizabethmouth",
    "state": "Alaska",
    "zip_code": "53838",
    "parcel_id": "ELI-43991-5117"
  },
  "due_diligence_date": "2025-02-18",
  "property_details": {
    "property_type": "multifamily",
    "lot_size_sqft": 450973,
    "building_sqft": 306148,
    "year_built": 1976
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2023-09-14",
      "consultant": "Hernandez and Sons",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-04-24",
      "consultant": "Charles-Nixon",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-09-29",
      "consultant": "Martinez, Bates and Thomas",
      "issues": [
        {
          "issue_description": "Wrong idea bad poor security sense she either hundred in the foundation.",
          "severity": "significant",
          "recommendations": "Respond baby authority sit upon simple history glass.",
          "estimated_repair_cost": 15164
        },
        {
          "issue_description": "Control create personal three local ten nor give far in the foundation.",
          "severity": "minor",
          "recommendations": "Keep may rock campaign important light civil bad data sort network director."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-05-16",
      "consultant": "Perez-Lopez",
      "issues": [
        {
          "issue_description": "Kitchen body site join behavior reach off place in the foundation.",
          "severity": "minor",
          "recommendations": "True boy crime upon account or expect make home outside despite him situation."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-2 Multifamily",
    "permitted_uses": [
      "look",
      "head",
      "group"
    ],
    "non_conforming_issues": true
  },
  "overall_risk_assessment": {
    "summary_assessment": "low_risk",
    "recommendation": "Proceed with acquisition. Issues identified are considered minor and within typical operational budgets.",
    "total_estimated_mitigation_cost": 15164
  },
  "legal_encumbrances": [
    {
      "type": "Encroachment",
      "description": "Catch daughter reality family itself vote.",
      "impact_on_property": "minor",
      "cleared_status": true
    },
    {
      "type": "Lien",
      "description": "Box growth worry house.",
      "impact_on_property": "significant",
      "cleared_status": false
    }
  ]
}