Request for Proposal

Acquire and Rehabilitate Single-Family Residential Property - 6006 Wakefield Avenue (PPN: 002-29-052)

Overview:

Northwest Neighborhoods (NWN) is seeking a qualified developer or contractor to acquire and rehabilitate the property located at 6006 Wakefield Avenue.

This property is located in an area where housing affordability is increasingly constrained. NWN is seeking a partner who can deliver a high-quality rehabilitation while supporting long-term neighborhood stability and maintaining access to affordability.

als.

Property Summary:

Two-story brick structure, approx. 3,600+ SF
Originally configured as a four-unit building; currently functions as three units, with upper two units being combined
Utilities partially configured for multi-unit use (multiple furnaces present)
Rear access via Bayne Court
Rear yard currently contains two accessory sheds, need to be removed

Current Condition:

Property requires a substantial rehabilitation
Interior contains debris and requires full cleanout
Evidence of deferred maintenance, including:
Damaged ceilings
Moisture-related conditions
Incomplete or disconnected building systems

Respondents should assume a full and comprehensive scope and conduct their own due diligence.

Project Goals:

NWN is seeking proposals that demonstrate:

A complete and high-quality rehabilitation
A clear and feasible execution plan
Financial viability
Experience with similar multi-unit rehabilitation projects
Consideration of long-term affordability

Acquisition Terms:

Purchase Price: $150,000
Property conveyed as-is
Buyer responsible for all closing costs
Buyer responsible for securing all permits and approvals

Reversion / Clawback:

A deed restriction will be placed on the property requiring:

Construction to begin within a defined period after closing (30-45 days)
Substantial completion of the project within 12 months of transfer

Failure to meet these conditions may result in NWN exercising its right to reacquire the property at the original sale price.

Scope of Work:

NWN is not prescribing a detailed scope.

Respondents must provide a proposed rehabilitation plan, including:

Overall approach (gut rehab vs. moderate rehab)
Proposed unit configuration (3-unit, 4-unit, etc.)
Systems upgrades (HVAC, plumbing, electrical)
Interior and exterior improvements
Approach to addressing deferred maintenance and moisture conditions
Site improvements (rear parking, etc.)

Proposal Requirement:

A. Development Plan

Rehab scope and approach
Proposed end use (rental, ownership or mixed)
Unit configuration
Consideration of affordability (pricing strategy, target market, etc.)

B. Budget Overview

Provide a high-level budget including:

Demolition / cleanout
Structural
MEP (mechanical, electrical, plumbing)
Interior finishes
Exterior improvements
Soft costs / contingency

C. Timeline

Proposed start date
Estimated completion date
Key milestones

D. Experience

2–5 comparable projects
Photos encouraged
2-3 References

E. Financial Capacity

Respondents must demonstrate the ability to complete the project.

Examples include:

Proof of funds
Financing commitment or letter of support
Line of credit
Description of capital stack or funding approach

NWN is seeking partners who can complete the project without delays due to financing gaps.

Evaluation Criteria:

Proposals will be evaluated based on:

Quality and feasibility of rehabilitation approach
Relevant experience
Financial capacity
Timeline
Alignment with neighborhood and affordability goals

Timeline:

RFP Issued: Week of April 20, 2026
Proposals Due: Friday, May 8, 2026 at 5:00 PM
Proposals must be emailed to info@nwneighborhoods.org

Property Access:

Property walkthroughs can be scheduled upon request.
Interested respondents should contact NWN at: info@nwneighborhoods.org to coordinate access.

Terms & Conditions:

Property sold as-is
NWN reserves the right to accept or reject any proposal
NWN may prioritize proposals that demonstrate strong execution capacity and alignment with organizational goals