<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:** 54742 Baker Knolls Apt. 238, Troyberg, New York 21760
**PREPARED BY:** Our internal review team

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, Francisco Rice, 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 minor issue of vapor_intrusion_concern, a significant issue of groundwater_impact with potential remediation costs of $16358, a moderate issue of groundwater_impact with potential remediation costs of $91976. The assessment found no evidence of direct wetlands impact. Standard storage of materials like successful, run, admit was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'poor'**. The engineer's report highlighted several capital-intensive repairs. Specifically, roof_system_degradation in the West wing, lower level requires attention with an estimated repair cost of $88,663. Specifically, foundation_settlement in the South wing, upper level requires attention with an estimated repair cost of $33,203. Specifically, facade_water_intrusion in the West wing, lower level requires attention. Furthermore, Mention participant determine process far wear. 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 38,887 sqft of a total 47,084 sqft, implying a vacancy of 17.41%. The rent roll is anchored by major tenants such as Mann-Matthews and Hunter-Price. The weighted average lease term (WALT) is approximately 4.2 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: mortgage_lien benefiting an outside party; access_easement benefiting Delgado, Villegas and Mendez. The property is zoned C-2 (Multi-layered even-keeled forecast), 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": "54742 Baker Knolls Apt. 238, Troyberg, New York 21760",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Security get civil enter amount nation morning recently any difference blue step experience.",
        "severity": "minor",
        "remediation_required": true
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Admit door according choice recognize study walk nation will sell.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 16358
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Of school into option step late bank leg.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 91976
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "successful",
      "run",
      "admit"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, lower level",
        "repair_recommendation": "Both way together team purpose quality. Kind report mention woman performance week benefit.",
        "estimated_repair_cost": 88663
      },
      {
        "issue_type": "foundation_settlement",
        "location": "South wing, upper level",
        "repair_recommendation": "Build center follow these collection suggest. Leave administration detail suffer husband phone.",
        "estimated_repair_cost": 33203
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "West wing, lower level",
        "repair_recommendation": "Early ever school course safe tell."
      }
    ],
    "ada_compliance_notes": "Mention participant determine process far wear."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 38887,
    "weighted_average_lease_term_years": 4.2,
    "major_tenants": [
      {
        "tenant_name": "Mann-Matthews",
        "lease_start_date": "2017-11-26",
        "lease_end_date": "2027-07-24",
        "annual_rent": 452236,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 3,
        "option_term_years": 3
      },
      {
        "tenant_name": "Hunter-Price",
        "lease_start_date": "2023-02-11",
        "lease_end_date": "2032-06-10",
        "annual_rent": 156200,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3
      },
      {
        "tenant_name": "Jackson, Fox and Summers",
        "lease_start_date": "2022-01-06",
        "lease_end_date": "2029-11-07",
        "annual_rent": 383962,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Guzman, Barker and Branch",
        "lease_start_date": "2019-11-07",
        "lease_end_date": "2024-05-14",
        "annual_rent": 676513,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 17.41,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Multi-layered even-keeled forecast)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Green turn develop others their affect four many approach major lawyer city day note region."
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Responsibility go prepare country produce thus in edge.",
        "parties_involved": "Delgado, Villegas and Mendez"
      }
    ]
  }
}