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property record · Lodging

4747 28TH STREET SOUTHEAST

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

TYPE: LodgingSQ FT: 113,881BUILT: 1979Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/b17bd43c-af45-43ec-86ba-766b612ffed1

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2020-12-31-882,5612,754,3173,636,878-0.94evidence →
2018-02-281,825,6349,107,9317,282,297—evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001746406", "entity_ref": "7293218a-7b75-4db2-a814-b23017312cbb", "trust_name": "CD 2018-CD7 Mevidence →
address{"zip": "49512", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "4747 28TH STREET SOUTHEAevidence →
occupancy{"basis": "most_recent", "value": 0.29}evidence →
sqft{"basis": "most_recent", "value": 113881}evidence →
status{"label": "Same as at Securitization", "value": "6"}evidence →
type{"label": "Lodging", "value": "LO"}evidence →
units{"basis": "most_recent", "value": 226}evidence →
valuation{"basis": "most_recent", "amount": 12400000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (Mevidence →
valuation{"basis": "securitization", "amount": 14200000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 28000000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1979, "renovated": 2015}evidence →