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property record · Office

1950 CHESLEY DRIVE

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

TYPE: OfficeSQ FT: 3,365BUILT: 1999Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/6e7de0b5-258c-4fcd-ab57-7c9e5a8223d4

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2022-06-3051,51168,47716,9661.89evidence →
2021-09-3050,16067,10516,9451.84evidence →
2021-06-3049,55966,48816,9291.81evidence →
2020-12-3149,63966,55216,9131.82evidence →
2020-09-3049,23867,15717,9191.80evidence →
2020-06-3050,00866,38116,3731.83evidence →
2020-03-3148,30564,60716,3021.77evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001770572", "entity_ref": "4380752c-8561-4eea-8436-4d8c0f785945", "trust_name": "Wells Fargo Cevidence →
address{"zip": "48310", "city": "Sterling Heights", "state": "MI", "county": "Macomb", "address": "1950 CHESLEY DRIVEevidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 3365}evidence →
status{"label": "Same as at Securitization", "value": "6"}evidence →
type{"label": "Office", "value": "OF"}evidence →
valuation{"basis": "securitization", "amount": 710000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (evidence →
year built{"value": 1999}evidence →