<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-2025-9016
Date of Report: 2025-07-24
Subject Property: 00294 Johnson Ville Apt. 272, North Erika, Connecticut 06588
Prepared by: Montoya PLC

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 poor state, with field notes indicating signs of differential settlement and moisture intrusion in crawlspace. Specialist notes recommend: 'Series table approach beautiful read matter organization scene test.' Similarly, the framing is considered Fair; however, minor wood rot at sill plates. Of greater concern is the TPO Membrane roofing system. Having been in service for approximately 21 years, its condition is poor, and our recommendation is a full replacement recommended within next 1-3 years. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'RECs Identified'. Multiple Recognized Environmental Conditions (RECs) were documented. A notable REC of Moderate severity relates to Hazardous Material Storage: Rise high within ahead which land father face mention. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, 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 Fair condition. The Boiler exhibits issues such as inefficient operation. The Rooftop Units (RTUs) exhibits issues such as requires immediate service, inefficient operation. The Fire Safety system is in Poor condition. The Sprinkler System exhibits issues such as inefficient operation, nearing end of useful life. The Fire Alarm Control Panel exhibits issues such as nearing end of useful life, corrosion noted. The Plumbing system is in Fair condition. The Electrical system is in Good condition. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $369,296 in required expenditures over the next decade. This includes approximately $135,879 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $369,296. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of moderate impact, such as a Easement related to 'Moran-Compton holds a easement for redefine efficient relationships.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Obtain proposals for replacement of fire alarm control panel.; Budget for full roof replacement within 12-24 months.; Obtain proposals for replacement of sprinkler system.; Proceed with Phase II Environmental Site Assessment to quantify contamination..</data>
{
  "report_id": "DDR-2025-9016",
  "property_address": "00294 Johnson Ville Apt. 272, North Erika, Connecticut 06588",
  "report_date": "2025-07-24",
  "report_author_firm": "Montoya PLC",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "signs of differential settlement",
        "moisture intrusion in crawlspace"
      ],
      "notes": "Series table approach beautiful read matter organization scene test."
    },
    "framing": {
      "condition": "Fair",
      "issues_identified": [
        "minor wood rot at sill plates"
      ],
      "notes": "Oil nearly support position indeed dream bank."
    },
    "roofing": {
      "material": "TPO Membrane",
      "age_years": 21,
      "condition": "Poor",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Hazardous Material Storage",
        "description": "Rise high within ahead which land father face mention.",
        "severity": "Moderate"
      },
      {
        "type": "Historical Contamination",
        "description": "Thought film eye say treat thus ball actually.",
        "severity": "High",
        "recommended_action": "Recommend Phase II ESA to investigate historical contamination."
      }
    ],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Boiler",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 12,
          "issues": [
            "inefficient operation"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair",
          "issues": [
            "requires immediate service",
            "inefficient operation"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 14,
          "issues": [
            "inefficient operation",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Poor",
          "issues": [
            "nearing end of useful life",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Drainage Lines",
          "condition": "Poor"
        },
        {
          "component_name": "Supply Pipes",
          "condition": "Good"
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Plumbing system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Site Lighting",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 5
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 6
        }
      ],
      "overall_system_condition": "Good"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Moran-Compton holds a easement for redefine efficient relationships.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Easement",
      "description": "King-Bates holds a easement for deliver cutting-edge systems.",
      "impact_assessment": "Minor"
    },
    {
      "type": "Encroachment",
      "description": "Marshall, Byrd and Young holds a encroachment for synergize revolutionary convergence.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Frederick, Galloway and Maldonado holds a covenant for mesh granular e-commerce.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 135879,
      "timeline_years": 2
    },
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 64266,
      "timeline_years": 1
    },
    {
      "item": "Fire Alarm Control Panel Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 27453,
      "timeline_years": 3
    },
    {
      "item": "Phase II ESA & Remediation",
      "category": "Environmental Mitigation",
      "estimated_cost_usd": 141698,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Obtain proposals for replacement of fire alarm control panel.",
    "Budget for full roof replacement within 12-24 months.",
    "Obtain proposals for replacement of sprinkler system.",
    "Proceed with Phase II Environmental Site Assessment to quantify contamination."
  ],
  "estimated_remediation_cost_usd": 369296
}