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• L.S.DEPARTMENT OF MC::SINIC AND URBAN DEVE;.OPNENT -�
<br />HOUSINC•FEDERAL HOUSING COMMISSIONER
<br />APPriCATION FOR MULTIFAMILY HOUSIhC, PR E1Q TROP0LITA.N COUNCIL
<br />f ECTION A • PROJECT IDENTIFICATION
<br />crLrt
<br />1. blame of Project
<br />2, HUD Project Number
<br />FILE r)0. /'7 ����
<br />Rosewood Estates
<br />Imorrge,•v Ins. or See. 2�
<br />3. HUD Project Numzar
<br />Roseville
<br />(
<br />[Section 8)
<br />SECTION B • PURPOSE OF APPLICATION
<br />TO: The Assistan, Secretary for Housing -Federal Housing Commissioner: Application is being made pursuant to Item (a): 1, ❑ 2, ❑ 3
<br />of Section M, Page 3 hereof. The undersigned desires) to participate, with respect to the Property and Program(s) described below. Therefore,
<br />it is requested that you give consider ltion to the Information presented herein, for the purpose of loaning and/or approving:
<br />© Mortgage Insurance: Section: 223 r d 4 mungagor: 91PM ❑ NP ❑ LD ❑ B-S Other
<br />❑a Feasibility Letter (Rehab.) ❑ Direc. Loan Section 202 Financing: LJ Conventional d GNMA ❑ Bond ❑ State Agency
<br />a SAMA Letter (New Eonm) ❑ Housing Asit. Pymnts. See. 8 Other
<br />❑ a Conditional Commitment ❑ a Prellminarr Proposal Mortgage/Loan Amount: 3 3, 812, 400
<br />y.�a Firm Commitment ❑a Final Proposal Interest Rate: Permanen-, 10.25 % Construction 10.25 %
<br />1
<br />SECTION C • LOCATION AND DESCRIPTION OF PROPERTY
<br />1. Street Address
<br />2. Munieipallty
<br />3, County
<br />4. State anZIP Code -7
<br />5, Conprc::ional Dist.
<br />2750 Victoria Avenue
<br />Rosaville
<br />RamseyMinnesota
<br />55113
<br />6. Type of Project:
<br />Proposed ❑ Rchobilltation
<br />7.Number of Unlit: 6 0 6.
<br />avenue:
<br />No. of
<br />Bulldingt
<br />9.LIst Aecmory Buildings
<br />10. List Recreation Facilities
<br />Fxlytina Year Built: 19
<br />on•Revanue:
<br />Area Sq. Ft,
<br />Area sq..Ft.
<br />1. Type of Buildings: Q Elevator 0 Walkup
<br />12. No, of Stories
<br />13. No, of Elevators
<br />of Foundati -,n: ❑ Slab on Grade
<br />❑ Row (T.H.) ❑ Deteched ❑ Semi -Detached
<br />3
<br />114.Type
<br />1 2
<br />❑ Crawl Space ® Partial Bsmt. ❑ Full Basement
<br />15. Structural System
<br />16, Floor System
<br />17. Exterior Finish
<br />18. Heating System
<br />19.Air Conditioning System
<br />flood Frame/Mas. Blk
<br />Trusses `
<br />Vinvl Sidin
<br />2 Pipe
<br />2 Pipe
<br />SECTION D • INFORMATION
<br />CONCERNING LAND OR PROPERTY
<br />1. Date
<br />2. Price
<br />3. Additional Cost
<br />4. Total Cost
<br />6.Outstanding
<br />6.Relationship Between Seller and Buyer, Business,
<br />❑•Acquired
<br />❑ Purchase
<br />Pald or Accrued
<br />Balance
<br />Personal or Other
<br />IS Optioned
<br />® Option
<br />s 350,000
<br />s 0 •
<br />s 350,000
<br />s 350,000
<br />Business
<br />7. Site Area
<br />18. Zoning (It recently changed, submit evidence)
<br />9. If leasehold lease term,
<br />snow annual
<br />89,900 Sq. Ft,
<br />R- 3A
<br />remaining
<br />ground rent $ years ... .
<br />0. Off•Site Facilities: Public Comm, At Slte Fept om Site
<br />11.Unusual Site Features
<br />12.,peeial Assessments
<br />Water ® ❑ ® 4 ft.
<br />❑ None ❑ Poor Drainage
<br />a. ❑Prepayable ❑ Non -prepayable
<br />Sewer ❑ ® D ft.
<br />© Cuts ❑ Retaining Wells
<br />b.Principal Balance $
<br />Paving ❑ 2 R ft.
<br />® Fill ❑ Rock Foundations
<br />c. Annual Payment $
<br />Gas ® ❑ -) o -ft.
<br />❑ Erosion ❑ High Water Table
<br />d. Ret _ ring Terms years.
<br />Electrical ® ❑ 20 ft.
<br />❑ Other
<br />SECTION
<br />E • nSTIMATE OF INCOME
<br />Unit
<br />Type
<br />No, of
<br />Livinp Units
<br />No, of Units
<br />Assisted
<br />Living Area
<br />(Sq, fr.l
<br />Composition of Unlit
<br />PRE Nq2
<br />In ant 1
<br />•
<br />Unit Rent
<br />per Mo. (S)
<br />Total Monthly
<br />Unit Rent t$
<br />(Sec. f•11
<br />Pfic.
<br />64
<br />520
<br />Efficiency, Bath, Kitchen
<br />1,233
<br />78,912
<br />BR
<br />4
<br />700
<br />Bedroom Living Room, Kitchen, BaAL'.hroori
<br />I1,802
<br />7,208
<br />7loyee(s
<br />Units(t)
<br />)TALS
<br />68 (
<br />•2.TOTAL ESTIMATED MONTHLY RENTALS FOR ALL LIVING UNITS S
<br />86,120'
<br />Number of Parkins Spaces
<br />4. Parking and Other Income (Not Included In Rent]
<br />❑ Attended
<br />Open Spaces P S per month - S
<br />Covered Spaces @ S per month - $
<br />IN Self Park 41
<br />Laundry Sq. Ft. or Living Uniit 0 per month - S
<br />Other _ per month - $
<br />Total Spaces 41
<br />TOTAL. ANCILLARY INCOME S
<br />Cornmerclal Space (Doscribe)
<br />Area -Ground Level sq. it. IP $ per sq. ft./month ■ S
<br />Other Levels Iq. "t. fF $ per tq. ft./month - S 85(1 TOTAL COMMERCIAL , $
<br />850:
<br />TOTAL ESTIMATED MONTHLY GROSS INCOME AT 100 PERCENT OCCUPANCY
<br />S _ 86,970
<br />TOTAL. ANNUAL RENT (ham 6 rime: 12 months)
<br />$1 , 0.43 , 640
<br />Gross Floor Area:
<br />9. Not Rentable Residential Area:
<br />10. Net Rentable Commercial Area:
<br />60,663 Sq. F3.
<br />33,357 so. Ft.
<br />0 So. Ft.
<br />SECTION F • EQUiPMEN'TA140 SERVICES (Check items Included In the Rent, Llrted 68/0wl
<br />SECTION F•1 - UTILITIES,(Notin"Rent)
<br />ipment:
<br />S rvlces: Gas Elect. Oil
<br />LN ❑ ❑ ❑
<br />' PERSONAL BENEFIT EXPENSES: (PBE):
<br />`,
<br />range and Oven CD Carpet
<br />Hut
<br />❑ ❑ ❑
<br />Check Utilities and Services Not included In tho
<br />Paid Directly by the Tenant.
<br />Alerowave Oven ® Drapes
<br />® Hot Water
<br />Rent and
<br />❑ ❑ ❑ Gas
<br />2efrigerator ❑ Swimming Fool
<br />❑ Cooking ❑ ❑
<br />3 Alt Conditioning ❑ ❑
<br />Electricity Heating
<br />❑ Decorating ❑ Repairs ❑Water
<br />sundry Facilities Air Conditioning Equip,
<br />In Common Area H Trash Compector
<br />❑ Lights, ate., in Unlit
<br />Other
<br />I In Living Unit ❑ Disposal
<br />Hook uOnly ❑ Other
<br />® Cold Water ❑ Parking
<br />❑ Other
<br />Remarks ALL INCLUDED
<br />HUD•92013 (3.85)
<br />us Editions Are Obsolete HB 457.:1.1
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