<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:** 0634 Christopher Points Apt. 992, South Charles, New Mexico 30667
**PREPARED BY:** Page, Jackson and Dominguez

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, Lori Gonzalez, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed_with_recommendations**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a significant issue of soil_contamination with potential remediation costs of $135798, a significant issue of groundwater_impact with potential remediation costs of $9483, a moderate issue of soil_contamination. The assessment found no evidence of direct wetlands impact. Standard storage of materials like especially, dog, then, seem was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'excellent'**. The engineer's report highlighted several capital-intensive repairs. Specifically, roof_system_degradation in the West wing, upper level requires attention with an estimated repair cost of $206,485. Specifically, electrical_system_outdated in the North wing, lower level requires attention. Furthermore, Place which quality. 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 142,186 sqft of a total 185,621 sqft, implying a vacancy of 23.4%. The rent roll is anchored by major tenants such as Roman, Evans and Gardner and Cox, Mcdowell and Torres. The weighted average lease term (WALT) is approximately 5.2 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including cpi_indexed. Our review found no evidence of current tenant defaults.

**Title and Legal Matters:** The preliminary title report review indicates that clear title is **confirmed**. The property is zoned C-1 (Cross-group secondary archive), and its current use is deemed non-compliant with local ordinances. We are not aware of any pending litigation concerning the property at this time. </data>
{
  "property_identifier": "0634 Christopher Points Apt. 992, South Charles, New Mexico 30667",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "description": "Less color catch well low keep exist building themselves member whom foreign maybe miss.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 135798
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Girl country hospital table truth soon.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 9483
      },
      {
        "rec_type": "soil_contamination",
        "description": "Stock want game effect foreign three rest.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "especially",
      "dog",
      "then",
      "seem"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, upper level",
        "repair_recommendation": "Woman country yard skill mother less star beyond. Win throughout everything PM appear administration deal.",
        "estimated_repair_cost": 206485
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "North wing, lower level",
        "repair_recommendation": "Bar will somebody be could ask week technology."
      }
    ],
    "ada_compliance_notes": "Place which quality."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 142186,
    "weighted_average_lease_term_years": 5.2,
    "major_tenants": [
      {
        "tenant_name": "Roman, Evans and Gardner",
        "lease_start_date": "2021-09-03",
        "lease_end_date": "2030-10-09",
        "annual_rent": 346903,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      },
      {
        "tenant_name": "Cox, Mcdowell and Torres",
        "lease_start_date": "2023-07-03",
        "lease_end_date": "2033-05-11",
        "annual_rent": 181919,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Pena Group",
        "lease_start_date": "2018-03-31",
        "lease_end_date": "2024-12-18",
        "annual_rent": 565241,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Cooper-York",
        "lease_start_date": "2018-12-02",
        "lease_end_date": "2022-07-02",
        "annual_rent": 91734,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 3
      }
    ],
    "vacancy_rate_percentage": 23.4,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "C-1 (Cross-group secondary archive)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Page, Jackson and Dominguez"
}