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property record · Multifamily

1632 West Laurel Bay Drive

Commercial property in Ypsilanti, Washtenaw County, Michigan. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: MultifamilyBUILT: 1989Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/1740c367-1517-4587-93fe-942e25075667

Operating income

As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.

As ofNOIRevenueExpensesDSCRSource
2025-06-30620,433939,604319,1712.75evidence →
2024-09-30563,567940,268376,7012.50evidence →
2024-06-30516,682889,926373,2442.29evidence →
2017-12-31350,681590,489239,808—evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001732963", "entity_ref": "bf2be65b-3a79-4c7f-a7b5-43a16ee0106c", "originator": "Benefit Streeevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "35"}evidence →
address{"zip": "48198", "city": "Ypsilanti", "state": "MI", "county": "Washtenaw", "address": "1632 West Laurel Bay Devidence →
occupancy{"basis": "most_recent", "value": 0.9286}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Multifamily", "value": "MF"}evidence →
units{"basis": "most_recent", "value": 68}evidence →
valuation{"basis": "securitization", "amount": 4700000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 1989}evidence →