<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: 2025-06-14
SUBJECT: Analysis of Property at 241 Peter Place Suite 241, South Tonya, South Carolina 44359 (Report ID: DDR-2025-659-South Carolina)

This report synthesizes the findings from our comprehensive due diligence on the subject property, a multifamily facility reportedly constructed circa 1970. The site inspection was conducted under favorable weather conditions, which aided the external reviews. The property is currently zoned as R-3 Multifamily, which appears to align with its historical and intended use.

Environmental assessments, primarily conducted by Henry, Gomez and Lopez, identified several key issues. The most recent report dated 2023-08-16 highlighted a moderate risk of Lead-based paint in the Sub-slab vapor (est. cost: $54,796); a moderate risk of VOCs in the Sub-slab vapor (est. cost: $119,339). This follows an initial Phase I that suggested the need for further subsurface investigation.

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 $174,135, 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-2025-659-South Carolina",
  "property_address": {
    "street": "241 Peter Place Suite 241",
    "city": "South Tonya",
    "state": "South Carolina",
    "zip_code": "44359"
  },
  "due_diligence_date": "2025-06-14",
  "property_details": {
    "property_type": "multifamily",
    "lot_size_sqft": 201628,
    "year_built": 1970
  },
  "environmental_findings": [
    {
      "report_type": "Phase I ESA",
      "date_of_report": "2023-10-28",
      "consultant": "Henry, Gomez and Lopez",
      "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": "2023-08-16",
      "consultant": "Harper LLC",
      "findings": [
        {
          "contaminant_type": "Asbestos",
          "location": "Groundwater",
          "risk_level": "low",
          "remediation_required": false
        },
        {
          "contaminant_type": "Lead-based paint",
          "location": "Sub-slab vapor",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 54796
        },
        {
          "contaminant_type": "VOCs",
          "location": "Sub-slab vapor",
          "risk_level": "moderate",
          "remediation_required": true,
          "estimated_cost": 119339
        }
      ]
    }
  ],
  "structural_findings": [
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2023-12-06",
      "consultant": "Miller, Rivera and Ray",
      "issues": [
        {
          "issue_description": "Detail participant deal they pressure receive score represent citizen right onto in the foundation.",
          "severity": "significant",
          "recommendations": "Meeting situation about send want foreign rate service to."
        }
      ]
    },
    {
      "report_type": "Structural Engineering Review",
      "date_of_report": "2024-12-15",
      "consultant": "Washington, Ingram and Ward",
      "issues": [
        {
          "issue_description": "Western until word above defense in the load-bearing walls.",
          "severity": "minor",
          "recommendations": "Own economic human style other behind position send draw Democrat position hotel test."
        }
      ]
    }
  ],
  "zoning_compliance": {
    "current_zone": "R-3 Multifamily",
    "permitted_uses": [
      "never",
      "control",
      "bill"
    ],
    "non_conforming_issues": true,
    "notes": "Heart organization exactly stop never how food."
  },
  "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.",
    "total_estimated_mitigation_cost": 174135
  }
}