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File #: LBA Res 56, Series 2018    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 10/2/2018 In control: VAPStat Joint Meeting
On agenda: 10/15/2018 Final action:
Title: Location: 334 North 24th Street 40212 Parcel ID: 003B-0093-0000 Applicant: L1C4 Properties, LLC Disposition Program: Request for Proposal Sale Price: $2,600.00 Project Type: Rehabilitation of Multi-Family Residence (10-plex) Project Timeframe: 9 months Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: L1C4 Properties, LLC is the winning applicant for the property located at 334 North 24th Street, offered through the LBA's August 2018 Request for Proposals. They plan to utilize the property for rental purposes and have budgeted $352,800 for the renovation. Proof of funds have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.
Attachments: 1. Resolution No. 56, Series 2018 - 334 N 24th St RFP.pdf
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Title

Location:

334 North 24th Street 40212

Parcel ID:

003B-0093-0000

Applicant:

L1C4 Properties, LLC

Disposition Program:

Request for Proposal

Sale Price:

$2,600.00

Project Type:

Rehabilitation of Multi-Family Residence (10-plex)

Project Timeframe:

9 months

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

Standard restrictions set within the “Request for Proposals” disposition program.

Summary:

L1C4 Properties, LLC is the winning applicant for the property located at 334 North 24th Street, offered through the LBA’s August 2018 Request for Proposals.  They plan to utilize the property for rental purposes and have budgeted $352,800 for the renovation.  Proof of funds have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.