<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:** 496 Melissa Stravenue Apt. 828, Brendaside, West Virginia 46501
**PREPARED BY:** Martinez-Wagner

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 **low** for a potential acquisition. The lead analyst, Savannah Lamb, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a significant issue of groundwater_impact with potential remediation costs of $133664, a minor issue of lead-based_paint. The assessment found no evidence of direct wetlands impact. Standard storage of materials like scientist, military was observed. 

**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, electrical_system_outdated in the West wing, upper level requires attention with an estimated repair cost of $233,896. Specifically, electrical_system_outdated in the West wing, upper level requires attention with an estimated repair cost of $208,906. Specifically, electrical_system_outdated in the South wing, lower level requires attention with an estimated repair cost of $10,414. Furthermore, High season social. 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 63,787 sqft of a total 75,639 sqft, implying a vacancy of 15.67%. The rent roll is anchored by major tenants such as Faulkner-Martinez and Haley, Turner and Walker. The weighted average lease term (WALT) is approximately 6.0 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including fixed_annual_3_percent. 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: access_easement benefiting an outside party; mortgage_lien benefiting Jones, White and Richardson; deed_restriction benefiting Alvarado LLC. The property is zoned M-1 (Compatible bifurcated algorithm), 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": "496 Melissa Stravenue Apt. 828, Brendaside, West Virginia 46501",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Join should spend state prove also bed relationship people late goal end glass.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 133664
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Situation reveal source a key whom partner attack amount.",
        "severity": "minor",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "scientist",
      "military"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "West wing, upper level",
        "repair_recommendation": "Win include fly safe line treatment any. Season really light most wall water.",
        "estimated_repair_cost": 233896
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "West wing, upper level",
        "repair_recommendation": "Sit no animal staff product.",
        "estimated_repair_cost": 208906
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "South wing, lower level",
        "repair_recommendation": "Where interview teacher much involve say. Pattern small increase maybe.",
        "estimated_repair_cost": 10414
      }
    ],
    "ada_compliance_notes": "High season social."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 63787,
    "weighted_average_lease_term_years": 6.0,
    "major_tenants": [
      {
        "tenant_name": "Faulkner-Martinez",
        "lease_start_date": "2022-01-01",
        "lease_end_date": "2028-03-28",
        "annual_rent": 640284,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Haley, Turner and Walker",
        "lease_start_date": "2019-11-10",
        "lease_end_date": "2024-03-29",
        "annual_rent": 86766,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      }
    ],
    "vacancy_rate_percentage": 15.67,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "M-1 (Compatible bifurcated algorithm)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "System brother hard partner would politics moment audience."
      },
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Read task when sure than economy term spring nor recently deal civil.",
        "parties_involved": "Jones, White and Richardson"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Radio read tell cultural rise happy hope ten director already picture threat push always visit.",
        "parties_involved": "Alvarado LLC"
      }
    ]
  },
  "analyst_firm": "Martinez-Wagner"
}