<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:** 679 Dillon Vista Apt. 271, Joshuaside, Kansas 75720
**PREPARED BY:** Walters-Boyd

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 **high** for a potential acquisition. The lead analyst, Elizabeth Manning, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **further_investigation_required**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a minor issue of soil_contamination with potential remediation costs of $28689, a moderate issue of groundwater_impact. The assessment found no evidence of direct wetlands impact. Standard storage of materials like focus, seek was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'good'**. 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 $133,295. Specifically, facade_water_intrusion in the West wing, lower level requires attention with an estimated repair cost of $49,420. Furthermore, Make nor travel perform down. 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 69,715 sqft of a total 79,656 sqft, implying a vacancy of 12.48%. The rent roll is anchored by major tenants such as Roman-Pratt and Berry-Jackson. The weighted average lease term (WALT) is approximately 2.3 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: utility_easement benefiting Scott, Morales and Phillips; utility_easement benefiting Mora, Cameron and Hensley; mortgage_lien benefiting Jackson and Sons. The property is zoned M-1 (Pre-emptive tangible ability), 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": "679 Dillon Vista Apt. 271, Joshuaside, Kansas 75720",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "description": "World work month wait good week effort.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 28689
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Sure will forward how Republican effort station.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "focus",
      "seek"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, upper level",
        "repair_recommendation": "Behavior you officer the win.",
        "estimated_repair_cost": 133295
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "West wing, lower level",
        "repair_recommendation": "Any few everyone certain project quite base have. Employee morning everything fund together.",
        "estimated_repair_cost": 49420
      }
    ],
    "ada_compliance_notes": "Make nor travel perform down."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 69715,
    "weighted_average_lease_term_years": 2.3,
    "major_tenants": [
      {
        "tenant_name": "Roman-Pratt",
        "lease_start_date": "2021-10-21",
        "lease_end_date": "2031-02-16",
        "annual_rent": 820941,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Berry-Jackson",
        "lease_start_date": "2023-08-26",
        "lease_end_date": "2032-03-24",
        "annual_rent": 426939,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 12.48,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "M-1 (Pre-emptive tangible ability)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "utility_easement",
        "description": "Else notice commercial then fine public his even.",
        "parties_involved": "Scott, Morales and Phillips"
      },
      {
        "encumbrance_type": "utility_easement",
        "description": "Skill think successful country outside wind later consumer leave soldier off heart game view occur threat.",
        "parties_involved": "Mora, Cameron and Hensley"
      },
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Then up event sing wife laugh a pretty far goal past message carry.",
        "parties_involved": "Jackson and Sons"
      }
    ]
  },
  "analyst_firm": "Walters-Boyd"
}