The Subject Property consists of a multi-tenant University property with nine, single or three-story buildings totaling 132,023 net rentable SF on a 62.503-acre lot. The Subject Property had several tenants including an academy, a church, a seminary, and residences.
The purpose of this engagement was to observe the general physical condition and maintenance status of the property, to suggest repair or maintenance items considered customary for the property to continue in its current operation compared to properties of similar age and condition, and to assist Washington Education Zone in its Due Diligence effort in evaluating the Property.
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