FACTANKER · measured, cited, anchored official records connected

property record · Retail

1001 AND 1007 MEMORIAL ROAD

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

TYPE: RetailSQ FT: 14,550BUILT: 2015Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/a00a3ba7-f7b4-41f2-8150-a4db43302d69

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2021-12-31130,717525,989395,2720.97evidence →
2020-09-17654,5031,098,846444,3434.86evidence →
2020-09-17654,5031,098,846444,3434.86evidence →
2018-12-31404,658417,17312,5152.11evidence →
2016-12-31339,500350,00010,5001.35evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001840121", "entity_ref": "4c0ca662-e8e2-483b-a1f0-4ac6a152a159", "originator": "Morgan Stanleevidence →
loan payment status{"label": "Payment Not Received But Still in Grace Period", "value": "A", "loan_id": "49"}evidence →
address{"zip": "49931", "city": "Houghton", "state": "MI", "county": "Houghton", "address": "1001 AND 1007 MEMORIAL Revidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 14550}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_sevidence →
type{"label": "Retail", "value": "RT"}evidence →
units{"basis": "most_recent", "value": 51}evidence →
valuation{"basis": "most_recent", "amount": 13800000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (Mevidence →
valuation{"basis": "most_recent", "amount": 13800000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (Mevidence →
valuation{"basis": "securitization", "amount": 13800000, "source": "Non-MAI", "currency": "USD", "source_label": null}evidence →
valuation{"basis": "securitization", "amount": 6000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 2015}evidence →