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property record · Mixed Use

3290 Patterson Ave

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/b5adb32e-94e1-414d-8465-e8036de38828

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2024-09-302,681,1212,785,351104,2302.57evidence →
2024-06-302,681,7302,785,350103,6202.57evidence →
2022-06-302,687,7002,785,35097,6502.53evidence →
2020-03-312,683,9962,785,385101,3892.52evidence →
2017-08-312,479,7182,982,197502,479—evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001720748", "entity_ref": "3472c52b-aac7-45d2-a7e3-c887764741f1", "originator": "Citi Real Estevidence →
loan payment status{"label": "Payment Not Received But Still in Grace Period", "value": "A", "loan_id": "1"}evidence →
address{"zip": "49512", "city": "Grand Rapids", "state": "MI", "county": "Kent", "address": "3290 Patterson Ave"}evidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 369000}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "Defeasance not Allowable", "defeased_sevidence →
type{"label": "Mixed Use", "value": "MU"}evidence →
valuation{"basis": "securitization", "amount": 37000000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1986, "renovated": 1990}evidence →