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File #: LBA Res 53, Series 2019    Version: 1 Name:
Type: VAPStat Case Status: Landbank
File created: 11/8/2019 In control: VAPStat Joint Meeting
On agenda: 11/18/2019 Final action:
Title: Location: 1785 Bolling Avenue 40210 Parcel ID: 041F-0172-0000 Applicant: Legacy Real Estate Investments, LLC Disposition Program: Request for Proposals Sale Price: $3,000.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the "Request for Proposals" disposition program. Summary: Legacy Real Estate Investments, LLC is the winning applicant for the property located at 1785 Bolling Avenue, offered through the Landbank's October 2019 RFP program. Applicant plans to spend $27,600 to rehab the structure and then sell or lease it. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.
Attachments: 1. Resolution No. 53, Series 2019 - 1785 Bolling Ave RFP.pdf
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Title

Location:

1785 Bolling Avenue 40210

Parcel ID:

041F-0172-0000

Applicant:

Legacy Real Estate Investments, LLC

Disposition Program:

Request for Proposals

Sale Price:

$3,000.00

Project Type:

Rehabilitation of Single-Family Residence

Project Timeframe:

Six (6) months or less

Funding Source:

Private Funds

Case Manager:

Linette Huelsman

Restrictions:

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

Summary:

Legacy Real Estate Investments, LLC is the winning applicant for the property located at 1785 Bolling Avenue, offered through the Landbank’s October 2019 RFP program.  Applicant plans to spend $27,600 to rehab the structure and then sell or lease it.  Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens.