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property record · Retail

6840 Lake Michigan Dr

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

TYPE: RetailSQ FT: 14,820BUILT: 2007Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/72aa2420-ac08-4cb1-a6fc-fccf7ebf3209

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2019-09-302,108,1602,196,00087,8402.01evidence →
2019-06-302,108,1602,196,00087,8402.01evidence →
2018-09-302,196,0002,196,000—2.10evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001690255", "entity_ref": "788cde11-f118-4842-b05d-d3e07546f0a5", "originator": "CGMRC", "trusevidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "14-001"}evidence →
address{"zip": "49401", "city": "Allendale", "state": "MI", "county": "Ottawa", "address": "6840 Lake Michigan Dr"}evidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 14820}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_sevidence →
type{"label": "Retail", "value": "RT"}evidence →
valuation{"basis": "securitization", "amount": 6120000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 2007}evidence →