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property record · Mobile Home Park

6988 Ready Avenue

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

TYPE: Mobile Home ParkBUILT: 1950Every figure source-linked

Cite: FACTANKER, https://factanker.com/property/f4e0cc37-bbcd-46d1-978f-4a49af625bdb

Operating income

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

As ofNOIRevenueExpensesDSCRSource
2026-03-3166,996113,49346,4971.98evidence →
2025-03-3172,440101,00628,5652.15evidence →
2023-12-31243,523334,73391,2091.80evidence →
2023-06-30259,859346,39586,5361.92evidence →
2023-03-3163,29186,96223,6721.87evidence →
2022-09-30210,685356,277145,5921.56evidence →
2022-06-30213,783362,882149,0991.49evidence →
2021-11-30521,511870,128348,6181.46evidence →

Property record

FieldValueSource
collateral of{"trust_cik": "0001901814", "entity_ref": "b85573cf-8586-42cc-a515-18e12ef240dd", "originator": "LMF Commerciaevidence →
loan payment status{"label": "Late Payment But Less Than 30 Days Delinquent", "value": "B", "loan_id": "42"}evidence →
address{"zip": "48091", "city": "Warren", "state": "MI", "county": "Macomb", "address": "6988 Ready Avenue"}evidence →
occupancy{"basis": "most_recent", "value": 0.6593}evidence →
status{"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_staevidence →
type{"label": "Mobile Home Park", "value": "MH"}evidence →
units{"basis": "most_recent", "value": 224}evidence →
valuation{"basis": "securitization", "amount": 3700000, "source": "MAI", "currency": "USD", "source_label": "Appraisal evidence →
year built{"value": 1950}evidence →