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property record · Mixed Use

3290 Patterson Ave SE

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

TYPE: Mixed UseSQ FT: 369,000BUILT: 1986Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/8ad6e9be-2986-40de-97ba-01207e2aa3ad

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2026-03-312,058,3062,312,246253,9402.70evidence →
2025-12-312,058,3862,309,645251,2592.56evidence →
2025-09-301,543,8131,731,418187,6052.52evidence →
2025-06-302,058,5322,304,744246,2123.11evidence →
2024-12-312,057,7582,298,670240,9123.10evidence →
2024-09-302,057,7022,300,498242,7963.10evidence →
2024-06-301,028,5101,145,737117,2273.10evidence →
2023-12-311,970,0292,280,065310,0362.98evidence →
2023-09-301,534,1581,781,597247,4393.09evidence →
2022-12-312,059,4152,275,314215,8993.08evidence →
2022-09-301,544,5711,706,182161,6113.06evidence →
2022-06-301,029,7251,137,049107,3243.05evidence →
2021-09-301,545,7361,675,845130,1092.71evidence →
2020-09-301,543,7881,751,688207,9003.02evidence →
2020-03-312,060,1242,263,834203,7103.04evidence →
2019-09-301,200,7241,312,774112,0502.88evidence →
2019-06-301,029,4041,135,875106,4713.05evidence →
2018-09-301,543,6991,693,711150,0124.59evidence →
2018-06-301,350,7341,459,026108,2926.05evidence →
2018-03-31368,586420,36651,7806.40evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001720474", "entity_ref": "045abb7d-6a0b-47cf-9e39-817dca1a9b29", "originator": "Column", "truevidence →
address{"zip": "49512", "city": "Grand Rapids", "state": "MI", "county": "KENT", "address": "3290 Patterson Ave SE"}evidence →
occupancy{"basis": "most_recent", "value": 0}evidence →
sqft{"basis": "most_recent", "value": 369000}evidence →
status{"label": "Partial Release", "value": "4", "defeased_label": "Defeasance not Allowable", "defeased_status": "Xevidence →
type{"label": "Mixed Use", "value": "MU"}evidence →
units{"basis": "most_recent", "value": 0}evidence →
valuation{"basis": "securitization", "amount": 25100000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 13600000, "currency": "USD"}evidence →
valuation{"basis": "most_recent", "amount": 49000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (Mevidence →
valuation{"basis": "securitization", "amount": 25500000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 37000000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 12900000, "currency": "USD"}evidence →
valuation{"basis": "securitization", "amount": 7600000, "currency": "USD"}evidence →
year built{"value": 1986, "renovated": 1990}evidence →