Banc of America Commercial Mortgage Inc. Series 2005-4 as of 08/2009: MH occupancy 80- 89
All data provided by Intex
Id Name/ Type/ Bal GLA/Units LTV WAC
Address Subtype % Pool Occ. % DSCR Originator
91 Lake Canyada MHC MH $3,445,528 216 74.1 5.977000 %
14260 113th Avenue, Davenport IA 52804 0.2% 86% 1.25x (9 mths) Bridger
3A - Poor Property Condition. The loan is secured by a 187 pad MHP in Davenport, IA built in 1967 and renovated in 2005. The property was inspected on 04/30/09; rated in Poor condition. The YE 2008 NCF DSCR is 1.10 with an occ of 83.42%. The April 2009 inspection noted the following deferred maintenance items: subject property has a run down appearance, cracks in the parking areas, landscaping was overgrown in areas, significant debris around the property, damaged gutters, downspouts and deteriorated siding on the 2 story green building, and many of the roofs need repairing. Primary servicer sent a deferred maintenance letter to the Borrower on 06/30/09; and is currently waiting for a response. Bank of America will continue to monitor the loan.