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  5. ›Community Benefit Property Transfer (Golf Acres South Lot)

City of Colorado Springs·Colorado

Community Benefit Property Transfer (Golf Acres South Lot)

Closes 5/1/2026$1M – $5.5MRequest for Proposal
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Description

The City of Colorado Springs seeks a qualified entity to purchase vacant Lot 2 within the Golf Acres Complex and develop/operate it for senior‑focused community benefits such as affordable housing, health‑care, or related services. The award will be a single Real Estate Purchase and Sale Agreement; the buyer must close the transaction by the end of 2026, provide audited financial statements, demonstrate relevant experience, and agree to deed restrictions and annual reporting. The proposal must include an operations plan, personnel qualifications, and financial capacity, and be submitted electronically via BidNet by May 1, 2026. • Purchase the property at its appraised value (price not disclosed). • Deliver a comprehensive operations plan showing how the site will serve seniors and be ready by Dec 31 2026. • Submit three years of audited financial statements, organizational documents, and evidence of at least three similar past projects. • Accept deed restrictions, easements, and annual reporting obligations to the city’s Advisory Board.

Attached files

Contact

Dylan Smith(Contracts Specialist)

[email protected]

Key dates

Opened
4/10/2026
Questions due
4/15/2026
Closes
5/1/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
R26-036DS

Budget estimate

$1,000,000 – $5,500,000

The solicitation does not disclose a purchase price; however, based on typical market values for similar surplus city parcels in Colorado Springs, the appraised value could range from $1 million to $5 million. The buyer will also bear 100 % of closing costs and any applicable sales‑use taxes, which could add another 2‑5 % of the purchase price. Therefore, the total contract value (including ancillary costs) is estimated between $1 million and $5.5 million.

AI estimate from the solicitation

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