Property
- Occupancy
- Family
- Construction
- Wood frame / brick veneer
- Year built
- 2021
- Flood zone
- X
- CAT
- Wind / hail
- Named insured
- Ash Court LP
- Manager
- Northbank Management LLC
DevelopmentsPlaced LIHTC / operating
AC
Ash Court
2200 Ash Court Drive, Durham, NC 27707
4% LIHTC · placed 2021
Units
72
Occupied
70 / 72
TIV
$18.1M
Properties
1
Insurance program
- Program
- Ash Court LP project
- Type
- Project — 4% LP
- Carrier
- Admitted package
- Term
- 2025-07-03 → 2026-07-03
- AOP deductible
- $10K AOP
- Named storm
- 2%
- Flood
- Zone X — none
- GL / umbrella
- $1M / $2M · $10M
Buildings and parcels
1 property on this development — COPE on each line.
| Property | Construction | Occupancy | Protection | Exposure | TIV |
|---|---|---|---|---|---|
Ash Court — garden 2200 Ash Court Drive | Frame (ISO 1) 61,200 sf · 2021 · 3 sty Architectural shingle · Roof replaced 2021 | Family Garden-style family — 4% LIHTC · 72 units | Wet pipe (NFPA 13R) Smoke Yes · Central Yes PPC 3 | Zone X Residential | $18.1M Bldg $15.9M Contents $1.1M LoR $1.1M |
Coverage on this program
Property — Ash Court LP
Ash Court LP
$18.1M TIV
$10K AOP · 2% named storm
$54,000 · $.30 / $100 TIV
Conversion observation
Placed 4% family. Project property and GL in the LP name. Lender and investor already on the form.
Placed. The LP is the named insured. Coverage that belongs to this partnership stays on this project program.
- In conversion
- Placed LIHTC / operating
- Year 15