SITE
INFORMATION
LOAN
INFORMATION
Renovation
work
LEASING / ADMINISTRATIVE INFORMATION
8027-8069 W.
Oakland Park Blvd
Sunrise, FL 33351
Northwest Corner of University Drive and West Oakland Park Boulevard.
Parcel Number: 49-41-21-03-0141
Land Area: 3.469
AC (151,123 SF +/-)
Dimensions: Actual
frontages of 270 feet along the west side of University Drive and 260 feet of
frontage along the West Oakland Park Boulevard, with an average depth of
approximately 430 feet.
Number of Buildings: 1
Number of Stories: 1
Gross Leasable Area: 46,760
SF
Year Built: 1978
Flood Zone: Federal
Emergency Management Agency (FEMA)
Zone
AH
Community
Map Panel 12011C0205F, dated August 18, 1992
Parking Spaces: 182
Parking Ratio: 3.89
per 1,000 SF GLA
Foundation: Continuous monolithic slab poured on
reinforced concrete footings
Construction: Fireproof steel frame with steel beams
and steel deck
Floor Structure: Concrete
slab on compacted fill
Exterior Walls: 8” concrete block with stucco painted finish. Retail storefronts are plate glass set in anodized aluminum frames.
Roof Cover: Built-up roofing system with a modified bitumen cap sheet system along the front façade and covered walkway.
A new roof was installed in November 1995.
ADA Compliance: Yes
Current Zoning: B-2, Business District
Uses Permitted: Multifamily residences, retail, professional & medical offices, banks, restaurants, hotels/motels, retail uses, etc.
Loan Information:
Lender: Morgan Guaranty Trust Company of New York
Servicer: GEMSA Loan Services, L.P. (a joint venture of GE Capital Real Estate and L.J. Melody & Co., a CB Richard Ellis Company
Asset Manager:
Address: 1500 City West Blvd, Suite 200
Houston, TX 77042
Phone: 800-456-1443
x 3001
Fax:
Loan Number: 50-8836302
Program:
Term/Month: 10/120
Amortization\Month: 30/360
Loan Closing Date: November 13, 2000
First
Pay Date: January
1, 2001
Loan Amount: $3,130,000
Note Rate (fixed): 8.16%
Monthly P&I Payment: $23,316.90
Maturity Date: December 1, 2010
Lock-Out Period: 0 Months before maturity date
Current Principle Balance
As of 6/1/03: $3,071,932.79
Title Policy Insurance Company: First American Title Insurance Company
Renovation Work: To
be completed within 12 months.
Owner
Springtree, LLC, a Florida Limited Liability Company
Property Manager
CBA Property Management, Inc.
10933 Wellworth Avenue
Suite 6
Los Angeles, CA 90024
Onsite Manager
Chris Sullivan
Cell Phone: 954-593-7059
Email: chris@cbafinancial.com
Leasing Contact - Florida
Conrad Baker
Office: 800-CBA-MGMT
Email: conradbaker@cbafinancial.com
Chris Sullivan
Cell Phone: 954-593-7059
Email: chris@cbafinancial.com