The URL can be used to link to this page

Home My WebLink AboutRESPONSE - RFP - P986 REAL ESTATE BUYERS AGENTSUBMITTAL: P986 REAL ESTATE BUYER'S AGENT PREPARED FOR: City of Fort Collins Purchasing Division 215 North Mason Street, 2"d Floor Fort Collins, Colorado 80524 PREPARED BY: Kyle I Henderson Broker Associate Wheeler Commercial Property Services, LLC 1027 West Horsetooth Road, Suite 200 Fort Collins, Colorado 80526 970-225-9305 Office 970-219-3838 Mobile 970-225-9709 Fax kyle@wheelercommercial.com May 17, 200S mer County Assessor Property Information .uilding Detail Type and Description Page 2 of 2 Detail Type Detail Description Units Porch Open Slab 562 Porch Wood Roof 250 Add On Wood Stove 1 Garage Attached 675 Garage Fin Attached 675 Balcony Wood Wood Fin 312 Fixture Shower 2 Fixture Toilet 3 Fixture Water Heater 1 Fixture Sink Bathroom 3 Fixture Sink Standard 1 Fixture Bathtub Standard l Basement Finished 1320 Basement Bsmnt Cone 8 ft 1320 Rough In Laundry Hook Up 1 Appliance Dishwasher I Appliance Range Hood Fan 1 Appliance Fireplace Single 1 Appliance Garbage Disposal 1 Current use may not reflect current zoning. Not all parcels are buildable lots. For questions about this information, contact the Assessor's office at (970) 498-7050. Sack to Search Results. A Back to_P_roperty Records Inquiry 200 W. Oal;_Street • Fort Collins. CO SOS? 1 •970-498-7000 !! V, 1995-2005, Larimer County' .tp://www.larimer. org/assessor/query/Detail.cfm?PropertyTypeVar=Residential&BuildingIDVar=001 &Num... 5/ 13/2005 Milm imer County Assessor Property Information Page 1 of 1 Larimer County Assessor Property Information Property Tax Year 2005 Parcel Number: 86082-05-702 Tax District: 1004 General Information Ofcnar Name S..Addre;s Proltertz address YOUNG, GARY D 2311 E COUNTY RD36 JONELL 2309 E COUNTY RD 36 FORT COLLINS 80525 FORT COLLINS, CO 80528 Subdivision: #9109470 - FELDMAN MRD 97-EX1094 Lc_:tI Deseriati+its -- _-- --- LOT 2, FELDMAN MRD 97-EX1094 Sales Information Reception # Sale Price Deed Type Sale Date 2002094538 $400,000 WARRANTY DEED 08/30/2002 Value Information (Values as of May 1, 2005) Schedule Number: R1581281 Current Mill Levy: 89.123 Abstract Code/Description Value Type Actual Value Assessed Value Gross Acres Gross SgFt 4110 Ag irrigated IIS Land $5,120 $1,480 14.40 627,264 Totals: $5,120 $1,480 14.4 627,264 Property Attributes and Descriptions Attribute Attribute Description Improvements Gravel Streets Sewer Septic Topography/Shape Level Topography/Shape Representative Utilities Electricity Water Public Current use may not reflect current zoning. Not all parcels are buildable lots. For questions about this information, contact the Assessor's office at (970) 498-7050. Back to Property Reconds Inquiry 200 W. Oak Street • Port Collins. CO 80521 •970-498-7000 ji T 1995-2005, Larimer County 1ttp://www.larimer.org/assessor/query/Detail.cfm?PropertyTypeV ar&BuildingIDVar=&Num Var=R 158128... 5/13/2005 No Text imer County Assessor Property Information Page 1 of 2 'arcel Number: 86080-00-013 fax District: 1004 I eneral Information Larimer County Assessor Property Information Property Tax Year 2005 Schedule Number: R0200417 Current Mill Levy: 89.123 ON% swr N:tntc &Address _ Property Add e.,---- — LOS ENCINOS, LLC 2313 E COUNTY RD 36 2655 MIDPOINT DR FORT COLLINS 80525 FORT COLLINS, CO 80525 Subdivision: #/080668 - S8 T06 R68 i)iSC j1pl, iQ tt BEG AT PT WH BEARS S 0 40' W 30 FT, S 89 32' W 300 FT FROM N 1/4 COR 8-6-68, S 0 40' W 726 IT, N 89 32' E 300 FT, S 0 40' W 559.32 FT, S 89 41' 30- W 712.31 IT, N 0 40' E 1233.35 FT, N 89 32' E 412.35 FT TPOB (16 AC MIL) (NC32N893200E) Tales Information Reception # Sale Price Deed Type Sale Date 2002056550 $830,000 WARRANTY DEED 05/10/2002 22121510 $0 DEED 03/01/1983 Value Information (Values as of May 1, 2005) Abstract Code/Description Value Type Actual Value Assessed Value Gross Acres Gross SgFt 1219 Res improved Improvement S465,000 S37,010 0.00 0 1219L Res improved Land $67,200 $5,350 16.00 696,960 Tot2ls: S532,200 S42,360 16 696,960 Property Attributes and Descriptions Attribute Attribute Description Heat Natural Gas Improvements Gravel Streets Sewer Septic Topography/Shape Level Utilities Electricity Water Public Building Improvements Building ID: 001 Heat Hot Water Baseboard Total Sq Ft: 2812 Property Type: Residential Roof Type: Gable Condo Sq Ft: Built As: Split Level Roof Cover: Composition Shingle Bsmt. Sq Ft: 1140 Occupancy: Single Family Residential Foundation: Concrete Bsmt. For. Sq Ft: Year Built: 1974 Rooms: 7 Year Remodel: Bedrooms: 5 Quality: Good Baths: 4.00 Condition: Average Units: 1.00 Class Descr: Wood Frame Unit Type: Exterior: Frame Siding Stories: 0.00 Interior: Drywall ttp://www.larimer.org/assessor/query/Detail.cfm?PropertyTypeVar=Residential&BuildingIDVar 001&Num... 5/13/2005 imer County Assessor Property Information .luildinp Detail Type and Description Page 2 of 2 Detail Type Detail Description Units Porch Open Slab 342 Add On Brick Veneer 900 Add On Unfinished Area 836 Add On Air Cond W/Separate Ducts Not In HVAC 2812 Garage Attached 576 Garage Fin Attached 576 Fixture Shower 2 Fixture Toilet 4 Fixture Water Heater 1 Fixture Sink Bathroom 5 Fixture Sink Standard 1 Fixture Bathtub Standard 1 Basement Garden Level 836 Basement Concrete Slab 836 Basement Bsmnt Cone 8 ft 1140 Rough In Laundry Hook Up I Appliance Dishwasher 1 Appliance Range Hood Fan 1 Appliance Fireplace Single 1 Appliance Garbage Disposal I Current use may not reflect current zoning. Not all parcels are buildable lots. For questions about this information, contact the Assessor's office at (970) 498-7050. Back to Scarch Results A Back t_o_Property Records Tnduiry 2o0 W. Oak Street • Fort Collins. CO 30531-970-498-7000 I,! "c 190-2005, I.arimer County ttD://www.larimer.ors/assessor/auervIDetail.cfin?ProDertvTvDeVar--Residential&Buildine]DVar=001 &Num... 5/13/2005 ADDIMNAL INFO: REFERENCES & MAPS REFRENCES Royce B. Clark 4267 West 14' St. Rd. Greeley, CO 80634 (970)381-0068 Gary Nordic 4901 Hogan Drive Fort Collins, CO 80525 (970)226-2266 David Janssen 1725 Nedrah Drive Fort Collins, CO 80524 (970)493-8587 Cody Fullmer Bank of Colorado 1609 East Harmony Road Fort Collins, CO 80525 (970) 206-1160 •r Lincoln Junior High 4 Chon firI- -- PoJdreHi h Ci IMo ntain SSS ool� ,�M , noliao ^r West F-m r Vineet i e Avg z w L i_.� -- —� c N frontmand— Mulberry Z Hwy 14 _ _ S. Fronts a Rd Pleasant Acres DrI 0 3Elizabeth E.S p ;dreams. 3��, lJ! �ml � Ls Vail �spral a — Prospect i C I--- r m University Stuart Senior N Maly m �lal m p rOrake Center I „U Vet p EPIC I , J�o Crow& :Hospital-■ vt Drake ,� .,...,. . , 1,tidry—IKtn High School Swallow Swallow Orr. i H.orsetooth iili „( j-j L i !mi IcI Irn (`Foothills Fort Collins I¢ c Fashion E HigA School �Mall — — ��L_.. J° The Squ rearea 7nAsif � I� I � i �I linter I r � Target ewlett _' adarti Harmony From Coll Corrnundyy ROUTE 1 ROUTE 5 ROUTE 9 MFOXTROT ROUTE 2 P. ROUTE 6 ROUTE 11 =ROUTE 64 ROUTE 3 " ROUTE 7 ROUTE 14 ROUTE 91 ROUTE 4 4 ROUTE 8 <- ROUTE 15 ROUTE 92fOr% 9 City of Fort Collins Parks and Natural Areas`t; _.._ q d t` :..v °wp.rn .wi.:a Li.r:. 3�o .".:: `t•.w�rw+. TABLE OF CONTENTS WHAT Scope of Proposal WHO Wheeler Commercial Property Services, LLC HOW MUCH Cost and Work Hours WHERE Potential Properties ADDIITONAL INFO References & Maps WHAT: SCOPE OF PROPOSAL Wheeler Commercial Property Services, LLC ("Wheeler'l understands the Scope of the Request For Proposal ("RFP'l as the following: To assist the City in locating and placing under contract to purchase appropriate properties ("Property" or "Properties') for the City's Affordable Housing Land Bank program ("Program'j. Wheeler also understands the City's goal is to have such Properties under contract within 150 days of Wheeler signing the RFP Contract with the City. Wheeler is confidant that it can successfully partner with the City of Fort Collins to find and purchase the appropriate Properties within the time frame indicated. Wheeler will take the following steps to acquire the Properties: 1. Wheeler shall locate and identify Properties appropriate for the Program under the guidelines listed in the RFP. 2. Wheeler shall determine whether the owners of the Properties are willing to sell. 3. Wheeler shall research and identify any development constraints on the Properties, including but not limited to: a) Appropriate LMN zoning b) Analysis of potential price c) The size of the Properties and the number of housing units each could support d) Any infrastructure needs that have not yet been addressed e) The net acreage available for development on each Property, allowing for requirements such as on -site detention, etc. f) Any other known or suspected problems with the Properties. 4. Wheeler shall seek conceptual review of the Properties by the appropriate City Departments. The City shall assist Wheeler in this process. 5. Wheeler shall present to the City for review all information it has obtained about the Properties. 6. Should the City decide to proceed towards acquisition of one or more Properties, then Wheeler shall begin negotiations with the seller(s) on terms and conditions of a purchase, working from the City's standard form Purchase and Sale Agreement. 7. Wheeler shall keep the City advised of the status of negotiations. Once Wheeler has negotiated what it believes to be the best possible terms and conditions for purchase of a Property by the City, we shall present the proposed transaction to the City. 8. Should the City decide to proceed with the proposed transaction, the City shall either: a) Direct Wheeler to conclude negotiations and complete the necessary paperwork to bring the Property under contract, or b) Complete the negotiations and document preparation itself and bring the property under contract. 9. Wheeler shall assist the City in resolving any issues that arise prior to closing. WHO: WHEELER COMMERCIAL PROPERTY SERIVCES, LLC FIRM CAPABILITY Wheeler Commercial Property Services, LLC is a full -service real estate organization providing expertise in commercial brokerage, land development, investments and property management. We strive to maintain excellence through knowledgeable service to our clients. Wheeler Commercial has put together a team of highly qualified, experienced brokerage and development consultants who work hard for each and every client. EXPERIENCE The Wheeler name has been synonymous with real estate in northern Colorado for over 85 years. As the region's oldest recognized real estate brokerage name, the Wheeler companies have developed and maintained a standard for excellence in all facets of real estate brokerage and development. Although the Wheeler companies have developed numerous projects in the commercial market, the company's major emphasis early on was placed on residential brokerage and residential land development. With the dramatic growth seen in northern Colorado over the past decade, it became clear that an even stronger position in the commercial marketplace was needed. In March of 1995, Wheeler Commercial Property Services, LLC was organized. Wheeler Commercial has been a leader in land development in Fort Collins for many years. From our innovative Cimarron Plaza & Poudre Valley Plaza commercial developments to Rigden Farm, the first major mixed -use development to go through City Plan. Wheeler Commercial is lead by Fred Croci, a real estate veteran of 35 years who has developed everything from self storage centers, multi -family apartment dwellings, shopping centers, motels, casinos, office buildings, office/warehouses, mixed use projects, single family homes and both residential and commercial land developments. His insight and knowledge into the viability of land development projects is unmatched in the region. AVAILABILITY Our Philosophy is Quality vs. Quantity. We are not focused on getting as many listings as possible. Instead we focus on selecting a few quality listings so that we can do an exceptional job for our client. This allows us to pay attention to the details and provide a higher level of service to our clients. Because we don't take on too many listings, we can focus on your listing and take action and not just "go through the motions". Successfully executing this philosophy enables us to build our business through referrals. RESOURCES Through a combination of our Builder Resources program and an extensive land development study, Wheeler has up-to-date knowledge of most undeveloped infill parcels in the City of Fort Collins Growth Management Area. SPATIAL LAYER TECHNOLOGY Given the availability of spatial layers provided by the City, Wheeler Commercial will create a GIS model to be utilized to aid in the identification of parcels meeting the criteria specified in the RFP. By spatially modeling the properties, ranked values can be assigned a priority for acquisition, based on the number of criteria that are met. In addition, by using current data acquired by the City, the parcels can be reevaluated as proposed planning changes warrant. We can also search using demographic information in the model to account for property acquisitions in areas planned for affordable housing. Concordantly, areas that have been identified as critical areas for transportation, or environmental factors may also be included or excluded in the search. By applying spatial technologies as a tool, we can provide the City with the summarized data in GIS format for other initiatives as a value added service. LEAD BROKER Kyle J. Henderson will be the lead broker and contact for the City of Fort Collins once we've been awarded the contract. Mr. Henderson, having just completed the first ever, in-depth Northern Colorado Commercial Development Study for Colorado State University's Center for Real Estate, has extensive market knowledge of existing and future commercial developments in the area. The study looked at all commercial development projects that will be breaking ground in the next 5 years. He also worked closely with Jon Covert of MetroStudy to look at the future residential development in the area. His knowledge of potential development land in the area is up-to-date and thorough due to recent projects that have required him to search the city for the type of properties the City seeks. HOW MUCH: COST AND WORK HOURS Wheeler Commercial proposes that we should be paid a fee to be defined as a percentage of the purchase price for a property closed on by the City in two different circumstances: (a) When the Wheeler Commercial completes all negotiations with a seller and the property can be brought under contract by Broker using the City's standard form purchase and sale agreement with no material changes or additional contingencies, Broker's fee will be 4%. (b) When Wheeler Commercial negotiates with a seller and brings the terms of a transaction to the City, but City staff must complete the document preparation and review because the property cannot be brought under contract without material changes to the City's standard form purchase and sale agreement, additional agreements such as easements or a lease back to seller, action by the City Council, additional contingencies or other similar issues, Broker's fee will be 3%. Wheeler Commercial plans on spending as many hours necessary on this project in order to fulfill the stated objective of getting the appropriate Properties under contract within 150 days of signing the Contract with the City of Fort Collins. We have 10 licensed brokers and 3 support staff to assist in making sure that the task is completed on time and that the best properties are selected. WHERE: POTENTIAL PROPERTIES Wheeler understands that sites should be selected within the Fort Collins Growth Management Area and meet the majority of the following requirements: 1. Sites should be the most affordable when considering not only the cost of the land but also the cost to develop the site. 2. Sites should generally be five (5) to fifteen (15) acres in a wide variety of locations to distribute affordable housing throughout the City. 3. Sites should be close to services, public transportation, and infrastructure, without environmental constraints and ready for development within a 5 to15 year time period. 4. Sites should be located within 1/2 mile of a planned or existing elementary school or middle school. 5. Sites should be located within 1/2 mile of planned or existing parks. 6. Sites should be located within 1/2 mile of planned or existing transit routes. 7. Sites should be within 1/2 mile of planned future employment and retail centers. 8. Sites should be consistent with City and County Capital Improvement Programs. 9. The zoning and structure plan of sites should also be considered. 10. The sites should be consistent with City Plan. Wheeler has located many properties that meet many of these guidelines — three of which you will find below: Property *1: 14 acres on the NW corner of Timberline & Trilby Comments: Currently Zoned in the county. However, this parcel falls in the Growth Management Area of Fort Collins, and according to the Structure Plan, will be zoned LMN once it is annexed into the city. Bacon Elementary School, located at 5844 S. Timberline Road is 1/2mile away from this parcel. Utilities and infrastructure are nearby from the Linden Park and Westchase subdivisions. This land is situated between the existing Fossil Creek Park and the proposed regional park near Fossil Ridge High School. According to the Structure Plan, this also falls within a 1/2mile of the future Neighborhood Commercial land just north of this property. Wheeler has already approached the owner about selling the land and they are willing to explore that option. imer County Assessor Property Information Page 1 of 2 Larimer County Assessor Property Information Property Tax Year 2005 Parcel Number: 86074-05-001 Tax District: 1004 General Information Oik ner N rnie & Address Propertly Address HAHN, CHARLOTTE L 1900 E TRILBY RD DONALD L FORT COLLINS 80528 1900 E TRILBY RD FORT COLLINS, CO 80525 Subdivision: #0526 - HAHN ACRES Le'-.d Description LOT 1, HAHN ACRES SUB Sales Information Reception # Sale Price Deed Type Sale Date 20040050110 $0 QUIT CLAIM DEED 05/24/2004 Value Information (Values as of May 1, 2005) Schedule Number: R1231693 Current Mill Le«: 89.123 Abstract Code/Description Value Type Actual Value Assessed Value Gross Acres Gross SgFt 1219 Res improved Improvement $460,400 $36,650 0.00 0 1219L Res.improved Land S64,700 $5,150 14.00 609,840 Totals: $525,100 $41,800 14 609,840 Property Attributes and Descriptions Attribute Attribute Description Improvements Gravel Streets Sewer Septic Topography/Shape Level Topography/Shape Representative Utilities Electricity Water Public Building Improvements Building ID: 001 Property Type: Residential Built As: Ranch Occupancy: Single Family Residential Year Built: 1984 Year Remodel: Quality: Good Condition: Average Class Descr: Wood Frame Exterior: Frame Masonry Veneer Interior: Drywall Heat Forced Air Total Sq Ft: 1752 Roof Type: Gable Condo Sq Ft: Roof Cover: Composition Shingle Bsmt Sq Ft: 1320 Foundation: Concrete Bsmt Min. Sq Ft: 1320 Rooms: 7 Bedrooms: 3 Baths: 3.00 Units: 1.00 Unit Type: Stories: 1.00 http://www.larimer.org/assessor/query/Detail. cfm?PropertyTypeVar=Residential&BuildinglDVar=001 &Num... 5/13/2005