Facility Conditions Assessment Summary
Generally, the property appears to have been constructed within industry standards in force at the time of construction. The property appears to have been well maintained in recent years and is in fair overall condition. According to property management personnel, the property has had no capital improvement expenditures over the past three years.
Facility Maintenance and Repair Costs
| Maintenance/Repair Cost Category | Year(s) | Estimated Cost |
|---|---|---|
| Immediate Repairs | 0 | 58,886 |
| Replacement Reserves | 1–10 | 1,647,383 |
| Capital Needs Total (Short-Term Costs) |
0–10 | 1,706,269 |
| Long-Term Items | 11–19 | 2,864,818 |
| Deficiency Repair Total (Long-Term Costs) |
0–19 | 4,571,087 |
