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property record · Other

38481 HURON RIVER DRIVE

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

TYPE: OtherSQ FT: 1,112,004BUILT: 1956Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/5899661e-5dbe-4df7-b4f8-859299bd2688

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2025-12-3118,772,20029,779,23311,007,0331.40evidence →
2024-06-309,402,98115,072,5375,669,5561.40evidence →
2023-12-3117,694,23828,717,81511,023,5771.32evidence →
2023-09-3013,656,68321,368,6887,712,0051.34evidence →
2023-01-314,380,2935,669,0971,288,804—evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001979748", "entity_ref": "27bc2a0e-3120-4663-bbe5-c6627fef22dd", "trust_name": "BANK5 2023-5Yevidence →
address{"zip": "48174", "city": "Romulus", "state": "MI", "county": "Wayne", "address": "38481 HURON RIVER DRIVE"}evidence →
occupancy{"basis": "most_recent", "value": 0}evidence →
sqft{"basis": "most_recent", "value": 1112004}evidence →
status{"label": "Same as at Securitization", "value": "6"}evidence →
type{"label": "Other", "value": "98"}evidence →
valuation{"basis": "securitization", "amount": 70700000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1956}evidence →