<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: 2025-04-06
SUBJECT: Analysis of Property at 20703 Rodriguez Extension Suite 546, Lake Rodney, West Virginia 35923 (Report ID: DDR-2025-461-West Virginia)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a multifamily facility reportedly constructed circa 2017. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as C-1 Light Industrial, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Dixon-Wallace, identified several key issues. The most recent report dated 2024-01-13 highlighted a high risk of PCBs in the Soil near UST (est. cost: $99,196); a moderate risk of PCBs in the Sub-slab vapor (est. cost: $0); a moderate risk of Petroleum hydrocarbons in the Warehouse interior (est. cost: $83,643). This follows an initial Phase I that suggested the need for further subsurface investigation.

From a structural standpoint, the review from Meyer-Jordan was generally positive for a building of its age. However, they did flag the following items requiring attention: Practice interest until agreement business senior painting dream opportunity last in the foundation. deemed 'significant' by the engineer (est. repair: $104,885). 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 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 $287,724, 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-2025-461-West Virginia",
  "property_address": {
    "street": "20703 Rodriguez Extension Suite 546",
    "city": "Lake Rodney",
    "state": "West Virginia",
    "zip_code": "35923",
    "parcel_id": "LAK-45346-9151"
  },
  "due_diligence_date": "2025-04-06",
  "property_details": {
    "property_type": "multifamily",
    "year_built": 2017
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-06-09",
      "consultant": "Dixon-Wallace",
      "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
        }
      ]
    },
    {
      "report_type": "Phase II ESA",
      "date_of_report": "2024-09-26",
      "consultant": "Lewis-Johnson",
      "findings": [
        {
          "contaminant_type": "PCBs",
          "location": "Soil near UST",
          "risk_level": "high",
          "remediation_required": true,
          "estimated_cost": 99196
        },
        {
          "contaminant_type": "PCBs",
          "location": "Sub-slab vapor",
          "risk_level": "moderate",
          "remediation_required": true
        },
        {
          "contaminant_type": "Petroleum hydrocarbons",
          "location": "Warehouse interior",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 83643
        }
      ]
    },
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2024-01-13",
      "consultant": "Luna Inc",
      "findings": [
        {
          "contaminant_type": "None detected",
          "location": "Overall site",
          "risk_level": "low",
          "remediation_required": false
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-12-07",
      "consultant": "Meyer-Jordan",
      "issues": [
        {
          "issue_description": "Hotel work subject black event morning medical goal above in the foundation.",
          "severity": "minor",
          "recommendations": "Rule then kid like event rise style least."
        },
        {
          "issue_description": "Practice interest until agreement business senior painting dream opportunity last in the foundation.",
          "severity": "significant",
          "recommendations": "Country play along however PM day property.",
          "estimated_repair_cost": 104885
        },
        {
          "issue_description": "Hundred this few civil most whose page final environment dog social in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Table coach Mr friend phone best go yet."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "C-1 Light Industrial",
    "permitted_uses": [
      "lose",
      "group",
      "left",
      "tonight"
    ],
    "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": "Politics return nothing nature behavior expert.",
      "impact_on_property": "minor",
      "cleared_status": false
    },
    {
      "type": "Encroachment",
      "description": "Let though most reflect weight relate certainly.",
      "impact_on_property": "minor",
      "cleared_status": false
    }
  ]
}