Requests for proposals:
The City of Albert Lea is seeking developers to purchase and redevelop a 3-unit apartment building. The building has been stabilized and requires additional work to update it and improve its value. The City’s vision is to improve housing quality and availability in Albert Lea. The asking price is $30,000, and the project must be completed within 12 months for the lower-level apartments and 24 months for the upstairs apartment. For more information, see the pdf document below.
The deadline for submitting proposals is Oct. 16, 2024.
City of Albert Lea, MN
Attn: Wayne Sorensen, Building Official
221 E Clark Street
Albert Lea, MN 56007
Telephone: 507.377.4340
Email: [email protected]