Edinburg Housing Authority Serving Families since 1949 REQUEST FOR BIDS The Housing Authority of the City of Edinburg, TX will receive bids until 3:00PM on Wednesday 09/24/ 2018, at 910 South Sugar Road Edinburg, Texas 78539, for more or less 13 acres, improved with a public housing apartment complex called “Albores Courts”. The property has 98 apartments with approximately 73,644 SF, plus numerous amenity buildings such as an office, gym, learning center, etc. All buildings proposed for deconstruction. The subject property is a rectangular shaped inside tract located just south of University Drive along the east side of Expressway 281 (Interstate 69C). It has more or less 789 FF along the east side of the expressway frontage road and a depth of more or less 720 feet. The property is an excellent location for commercial development. For information, please contact Edinburg Housing Authority’s Executive Director, Rodolfo Ramirez at
[email protected], or Director of Operations, Liz Hernandez at
[email protected] or at the number (956) 383-3839. Email communication is preferred. The property is a public housing development owned by the Edinburg Housing Authority that is planned for disposition. The successful bidder shall be required to enter into a contract of sale within 30 days of official notification of being the successful bidder and shall have a 60-day due diligence period. The earnest money shall be nonrefundable after the end of the due diligence period. Final closing shall be negotiated by the Housing Authority and the successful bidder. Extensions shall be considered upon the bidder's payment of additional earnest money and the Housing Authority reserves the right to make payments for extensions nonrefundable.