<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-2025-3730
Date of Report: 2025-06-11
Subject Property: 65293 Benson Spring Apt. 297, Wrightton, Pennsylvania 29054
Prepared by: Smith-Wilson

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 minor hairline cracks and moisture intrusion in crawlspace. Specialist notes recommend: 'See anyone require now beyond pull.' Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Modified Bitumen roofing system. Having been in service for approximately 13 years, its condition is fair, 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 Adjacent Property Concern: Floor pattern organization entire growth money effort those actually away agency spring specific. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is likely, while lead-based paint is a concern. 

Building Systems and Capital Needs:
An evaluation of major building systems revealed significant deferred maintenance. The Plumbing system is in Poor condition. The Water Heaters exhibits issues such as corrosion noted. The Electrical system is in Fair condition. The Panelboards exhibits issues such as corrosion noted. The Main Switchgear exhibits issues such as corrosion noted. The HVAC system is in Fair condition. The Rooftop Units (RTUs) exhibits issues such as requires immediate service, nearing end of useful life. The Fire Safety system is in Fair condition. The Sprinkler System exhibits issues such as requires immediate service, corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $122,953 in required expenditures over the next decade. This includes approximately $57,070 for Water Heaters Replacement/Repair within 1 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $122,953. 

Title & Encumbrances:
A preliminary title report review found 2 encumbrances. These include items of significant impact, such as a Easement related to 'Summers, Wright and Crane holds a easement for visualize mission-critical communities.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of sprinkler system.; Obtain proposals for replacement of water heaters.; Obtain proposals for replacement of rooftop units (rtus)..</data>
{
  "report_id": "DDR-2025-3730",
  "property_address": "65293 Benson Spring Apt. 297, Wrightton, Pennsylvania 29054",
  "report_date": "2025-06-11",
  "report_author_firm": "Smith-Wilson",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Poor",
      "issues_identified": [
        "minor hairline cracks",
        "moisture intrusion in crawlspace"
      ],
      "notes": "See anyone require now beyond pull."
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Modified Bitumen",
      "age_years": 13,
      "condition": "Fair",
      "recommended_action": "Full replacement recommended within next 1-3 years."
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "RECs Identified",
    "recognized_environmental_conditions": [
      {
        "type": "Adjacent Property Concern",
        "description": "Floor pattern organization entire growth money effort those actually away agency spring specific.",
        "severity": "Moderate",
        "recommended_action": "Recommend Phase II ESA to investigate adjacent property concern."
      }
    ],
    "asbestos_containing_materials_present": true,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 3,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "corrosion noted"
          ]
        },
        {
          "component_name": "Main Switchgear",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 7,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Electrical system upgrades."
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 7,
          "issues": [
            "requires immediate service",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Boiler",
          "condition": "Good",
          "estimated_lifespan_remaining_years": 3
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Fire Safety",
      "components_summary": [
        {
          "component_name": "Fire Alarm Control Panel",
          "condition": "Good"
        },
        {
          "component_name": "Sprinkler System",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 1,
          "issues": [
            "requires immediate service",
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair",
      "system_recommendations": "Recommend comprehensive review and budgeting for Fire Safety system upgrades."
    }
  ],
  "title_encumbrances": [
    {
      "type": "Easement",
      "description": "Summers, Wright and Crane holds a easement for visualize mission-critical communities.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Lien",
      "description": "Mcmahon, Jones and Douglas holds a lien for deploy ubiquitous schemas.",
      "impact_assessment": "Significant"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 57070,
      "timeline_years": 1
    },
    {
      "item": "Rooftop Units (RTUs) Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 55071,
      "timeline_years": 2
    },
    {
      "item": "Sprinkler System Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 10812,
      "timeline_years": 1
    }
  ],
  "key_due_diligence_recommendations": [
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of sprinkler system.",
    "Obtain proposals for replacement of water heaters.",
    "Obtain proposals for replacement of rooftop units (rtus)."
  ],
  "estimated_remediation_cost_usd": 122953
}