<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-2025-2937
Date of Report: 2025-08-06
Subject Property: 9870 Hill Shores Apt. 841, West Lindsey, Washington 65144
Prepared by: Stephens Inc

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. Overall, And song dinner audience television central project. Rock never well leader fund. Put table rule standard sit himself. 

Structural Assessment:
The building's core structure presents a mixed condition. The foundation was observed to be in fair state, with field notes indicating signs of differential settlement.Similarly, the framing is considered Good; however, no significant issues were readily apparent. Of greater concern is the Built-Up Roof (BUR) roofing system. Having been in service for approximately 26 years, its condition is poor, and it will require monitoring. 

Environmental Findings:
The Phase I Environmental Site Assessment (ESA) concluded with a status of 'No RECs Identified'. A survey for hazardous materials confirmed that the presence of asbestos-containing materials is not suspected, 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 inefficient operation, corrosion noted. The Drainage Lines exhibits issues such as inefficient operation, requires immediate service. The HVAC system is in Poor condition. The Chiller exhibits issues such as corrosion noted, nearing end of useful life. The Electrical system is in Fair condition. The Panelboards exhibits issues such as corrosion noted. These deficiencies translate into considerable near-term capital needs. Our projections identify a total of $267,488 in required expenditures over the next decade. This includes approximately $139,726 for Roof Replacement within 2 year(s). Immediate and environmental remediation costs are preliminarily budgeted at $267,488. 

Title & Encumbrances:
A preliminary title report review found 4 encumbrances. These include items of significant impact, such as a Lien related to 'Lopez Group holds a lien for generate holistic users.'. 

Key Recommendations:
Based on these findings, we strongly advise the following actions prior to closing: Budget for full roof replacement within 12-24 months.; Require seller to resolve existing mechanics lien prior to closing.; Obtain proposals for replacement of water heaters.; Obtain proposals for replacement of chiller.; Obtain proposals for replacement of drainage lines..</data>
{
  "report_id": "DDR-2025-2937",
  "property_address": "9870 Hill Shores Apt. 841, West Lindsey, Washington 65144",
  "report_date": "2025-08-06",
  "report_author_firm": "Stephens Inc",
  "overall_risk_assessment": "Significant",
  "structural_assessment": {
    "foundation": {
      "condition": "Fair",
      "issues_identified": [
        "signs of differential settlement"
      ]
    },
    "framing": {
      "condition": "Good",
      "issues_identified": []
    },
    "roofing": {
      "material": "Built-Up Roof (BUR)",
      "age_years": 26,
      "condition": "Poor"
    }
  },
  "environmental_findings": {
    "phase_i_esa_status": "No RECs Identified",
    "recognized_environmental_conditions": [],
    "asbestos_containing_materials_present": false,
    "lead_based_paint_present": true
  },
  "building_systems": [
    {
      "system_type": "Plumbing",
      "components_summary": [
        {
          "component_name": "Water Heaters",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 1,
          "issues": [
            "inefficient operation",
            "corrosion noted"
          ]
        },
        {
          "component_name": "Drainage Lines",
          "condition": "Poor",
          "issues": [
            "inefficient operation",
            "requires immediate service"
          ]
        }
      ],
      "overall_system_condition": "Poor"
    },
    {
      "system_type": "HVAC",
      "components_summary": [
        {
          "component_name": "Chiller",
          "condition": "Poor",
          "estimated_lifespan_remaining_years": 8,
          "issues": [
            "corrosion noted",
            "nearing end of useful life"
          ]
        },
        {
          "component_name": "Rooftop Units (RTUs)",
          "condition": "Fair"
        }
      ],
      "overall_system_condition": "Poor",
      "system_recommendations": "Recommend comprehensive review and budgeting for HVAC system upgrades."
    },
    {
      "system_type": "Electrical",
      "components_summary": [
        {
          "component_name": "Panelboards",
          "condition": "Fair",
          "estimated_lifespan_remaining_years": 13,
          "issues": [
            "corrosion noted"
          ]
        }
      ],
      "overall_system_condition": "Fair"
    }
  ],
  "title_encumbrances": [
    {
      "type": "Lien",
      "description": "Lopez Group holds a lien for generate holistic users.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Hudson, Miller and Doyle holds a covenant for architect vertical platforms.",
      "impact_assessment": "Moderate"
    },
    {
      "type": "Covenant",
      "description": "Bradley-Graves holds a covenant for orchestrate synergistic web-readiness.",
      "impact_assessment": "Significant"
    },
    {
      "type": "Covenant",
      "description": "Lawson Ltd holds a covenant for envisioneer B2B e-business.",
      "impact_assessment": "Moderate"
    }
  ],
  "capital_expenditure_projections": [
    {
      "item": "Roof Replacement",
      "category": "Immediate Repair",
      "estimated_cost_usd": 139726,
      "timeline_years": 2
    },
    {
      "item": "Water Heaters Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 31968,
      "timeline_years": 2
    },
    {
      "item": "Drainage Lines Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 28241,
      "timeline_years": 3
    },
    {
      "item": "Chiller Replacement/Repair",
      "category": "Short-Term CAPEX",
      "estimated_cost_usd": 67553,
      "timeline_years": 3
    }
  ],
  "key_due_diligence_recommendations": [
    "Budget for full roof replacement within 12-24 months.",
    "Require seller to resolve existing mechanics lien prior to closing.",
    "Obtain proposals for replacement of water heaters.",
    "Obtain proposals for replacement of chiller.",
    "Obtain proposals for replacement of drainage lines."
  ],
  "estimated_remediation_cost_usd": 267488,
  "summary_narrative": "And song dinner audience television central project. Rock never well leader fund. Put table rule standard sit himself."
}