Arkansas Bids > Bid Detail
OFFER FOR PUBLIC BID SALE Subject to Market
| Agency: | Arkansas Democrat-Gazette |
|---|---|
| Level of Government: | State & Local |
| Category: |
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| Opps ID: | NBD15618747667312010 |
| Posted Date: | Jan 1, 2024 |
| Due Date: | Feb 8, 2024 |
| Source: | https://classifieds.arkansason... |
OFFER FOR PUBLIC BID SALE
Subject to Market
NorthBridge Housing Solutions formerly North Little Rock Housing Authority is offering Hemlock Courts Apartments in North Little Rock, Arkansas for sale. Hemlock Courts is situated on 10.42 acres with 25 one- and two-story buildings containing 110 affordable housing units and two accessory buildings. The community is located at 400 N. Palm Street in North Little Rock, Arkansas.
This property was developed, acquired, or assisted by the NorthBridge Housing Solutions with funds under the U.S. Housing Act of 1937. Hemlock Courts was built in 1954 and was approved by HUD in December 2022 for disposition under Section 18 of the 1937 Act.
The apartments at Hemlock Courts consist of (4) 0-bedroom, (16) 1-bedroom, (52) 2-bedrooms, (28) 3-bedrooms, and (10) 4-bedrooms configurations and range in size from 550 square feet to 1,088 square feet, with a net rentable area of 77,350 square feet. All residents will be relocated prior to entering into an agreement to convey the property.
NorthBridge Housing Solutions will receive offers until 2:00 p.m. on Thursday, February 8, 2024. If interested in purchasing the property, please submit your proposal as follows:
Yulunda White
Development Manager
NorthBridge Housing Solutions
4901 Fairway Avenue, Suite A
North Little Rock, AR 72116
501-758-8911
Offers received after the deadline will not be considered. The proposals will be reviewed for highest and best use. Respondents will be notified once all offers have been reviewed. NorthBridge Housing Solutions reserves the right to accept/reject any offers
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