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property record · Office

407 and 423 Morris Street

Commercial property in Durham, Durham County, North Carolina. Income, occupancy and loan, each figure linked to the filing it comes from.

TYPE: OfficeSQ FT: 67,087BUILT: 1928Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/ef468e1b-125f-47b5-85e9-eb13bee7823f

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2023-09-301,142,7351,390,011247,2761.64evidence →
2022-09-30527,6362,361,4461,833,8101.97evidence →
2022-06-30358,2802,215,6131,857,3331.34evidence →
2022-04-30521,4072,437,5301,916,1231.95evidence →
2021-12-31194,7691,895,2731,700,5040.73evidence →
2021-09-30138,9041,749,7691,610,8650.52evidence →
2021-06-30155,0261,617,9571,462,9310.58evidence →
2020-09-3021,8071,444,7071,422,8990.08evidence →
2020-06-30179,4191,817,1021,637,6830.67evidence →
2019-08-31844,0792,902,2572,058,1792.25evidence →
2019-06-301,173,2691,796,655623,3861.68evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001797288", "entity_ref": "1970a772-e38f-4347-a0da-d84e0c786613", "originator": "Citi Real Estevidence →
loan payment status{"label": "Current", "value": "0", "loan_id": "30"}evidence →
address{"zip": "27701", "city": "Durham", "state": "NC", "county": "Durham", "address": "407 and 423 Morris Street"}evidence →
occupancy{"basis": "most_recent", "value": 1}evidence →
sqft{"basis": "most_recent", "value": 67087}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Office", "value": "OF"}evidence →
units{"basis": "most_recent", "value": 95}evidence →
valuation{"basis": "securitization", "amount": 10100000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
valuation{"basis": "securitization", "amount": 16200000, "source": "MAI", "currency": "USD", "source_label": "Appraisalevidence →
year built{"value": 1928, "renovated": 1995}evidence →