The City’s REDO Atchison initiative (Rehabilitation, Enforcement, Demolition, Occupancy) has it’s first “Rehabilitation” success story.
The Rehabilitation portion of the REDO program is aimed at turning run-down and vacant houses into quality, livable homes. The initiative is a response to two issues facing the community – lack of quality housing options and declining neighborhood property values. Through strategic property acquisition, typically via a Sheriff’s Tax Sale, the City hopes to facilitate property redevelopment before demolition becomes the best outcome for dilapidated structures.
1121 Hickory Street, which was acquired by the City at a tax sale a few years ago for less than $100, has now become a wonderful success story of the REDO program.
Lucas Hunziger acquired the property from the City of Atchison for $500 following a public and competitive proposal process. Since the acquisition Hunziger has worked to rehab the property and it was just recently listed with a local realtor. As of 12/2/2019, the list price is $77,600.
The City currently has two other properties in the REDO Atchison Rehabilitation program, one at 401 N. 9th Street, which was purchased at a recent Sheriff’s Tax Sale and 1412 Kansas Avenue, which was gifted to the City by a bank following foreclosure proceedings. The City is actively seeking proposals from rehabbers for both properties.
For more information please contact Joe Warren at (913) 367-5500 or email@example.com.