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Office of Business and Finance

College-Owned Ranch Home To Become Available for Purchase

May 29, 2018

The College is preparing to add a property this fall 2018 to the College Housing Program

This program is designed to help faculty and/or staff to purchase homes in close proximity to campus. The college retains title to the land and faculty/staff purchase the improvements with a 12-year lease on the land. Purchaser assumes property assessment taxes for both the improvements and land upon purchase. Please visit our website for more details on the program and eligibility requirements.

The property to be added to the program is located within 3-5 minute walking distance from campus, and the price of the property will be determined in early fall.

Please kindly note the estimated time of the property availability may change without notice.

The 1975 one-story ranch home has 2,231 sq. ft. main living with three bedrooms and two baths, a large deck and sits on 0.4 acres. The property features include two-car garage, large deck, and two fireplaces with formal living and family rooms. There are hardwood floors throughout most of the main living spaces. The property taxes (including land and improvements) for 2017-18 were $7,497.

Please carefully review program details and eligibility requirements and fill out the attached Interested Party Form if you would like to be considered as a potential purchaser. For more information, please contact Billy Walker at bwalker@lclark.edu.