property record · Lodging
1000 U.S. 31 NORTH
Commercial property in Traverse City, Grand Traverse County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2020-09-30 | 421,149 | 2,439,776 | 2,018,627 | 0.49 | evidence → |
| 2017-07-31 | 1,760,235 | 4,024,444 | 2,264,209 | — | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001753233", "entity_ref": "971619bd-f6f1-4a87-9686-be63cb866810", "trust_name": "Wells Fargo C | evidence → |
| address | {"zip": "49686", "city": "Traverse City", "state": "MI", "county": "Grand Traverse", "address": "1000 U.S. 31 | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.41} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6"} | evidence → |
| type | {"label": "Lodging", "value": "LO"} | evidence → |
| units | {"basis": "most_recent", "value": 124} | evidence → |
| valuation | {"basis": "securitization", "amount": 23000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1987, "renovated": 2009} | evidence → |