NOTICE OF PUBLIC SALE
NOTICE OF PUBLIC SALE
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The Housing Authority of the City of Columbia, SC (Columbia Housing) will offer for sale to the highest bidder, the two multi-family apartment complexes below.
- Beltline Apartments - 16 Units
1707 South Beltline Boulevard, Columbia, SC 29205 - Springwood Apartments - 8 Units
1721/1744 Springwood Drive and 219 Windsor Point Road, Columbia, SC 29224
The properties are owned by Columbia Housing and have no restrictions.
Instructions for Bidding - Bids must be submitted no later than:
Wednesday, September 24, 2025, 2:00 PM Local Time
Interested bidders must complete the bid form in Exhibit A attached to this notice. The name of the bidder on Exhibit A shall be stated in the legal format desired for title upon consummation of the sale. The bid form shall be completed, signed and dated as indicated.
An earnest payment in the form of a cashier's check, certified check or money order equal to 2% (two percent) of the total bid amount shall be made payable to: Housing Authority of the City of Columbia and attached to the completed bid form.
Bid forms with corresponding earnest payments shall be presented in a sealed envelope. The envelope shall be clearly marked as follows:
Beltline-Springwood Bid
Columbia Housing
1917 Harden Street
Columbia, SC 29204
Attn: LuCinda J. Herrera, Chief Development Officer
Bids may be submitted via regular mail, overnight mail, or other similar means; or by personal delivery. Bidders are encouraged to request a receipt from the form of delivery utilized.
Electronic submissions will also be accepted at cherrera@columbiahousingsc.org
If delivering by electronic submission subject line must state: "Beltline-Springwood Bid" and a delivery receipt and read receipt must be requested and retained for proof of delivery.
The bid form should be submitted as an attachment to the electronic communication. Upon receipt of the electronic submission, instructions will be provided to wire the earnest funds which shall be held in escrow by Columbia Housing's real estate counsel.
It shall be the sole responsibility of each bidder to ensure his/her bid(s) are received by Columbia Housing on or before the stipulated deadline.
Pre-Bid Conference - An optional pre-bid conference will be held on Wednesday, September 3,2025 at 2:00 PM EST via zoom using the link or phone information below.
https://us02web.zoom.us/j/83950693963?pwd=uT9YZu46luiCtJaeHaOj90bnLpaYGn.1
Meeting ID: 839 5069 3963
Passcode: 612991
Phone: (929)436-2866
Property Inspection - The property will be available for inspection pursuant to the schedule attached in Exhibit B to this notice. Individuals must pre-register for the property inspection a minimum of five calendar days prior to the date of inspection listed on the attached Exhibit B. To pre-register for a property inspection, you must submit a request to jgibbs@columbiahousingsc.org A written confirmation will be returned via e-mail.
Bid Award - The property is being offered in "As Is, Where Is" condition with no express or implied warranties. The highest bid will be accepted unless some unforeseen circumstance warrants rejection. In the event of equal high bids, the selection shall be randomly made by drawing lots immediately following the deadline.
Upon receipt of a valid bid, Columbia Housing shall provide the bidder with written confirmation of an acceptable bid and intent to sell. As noted on Exhibit A (bid form), bids must be held for a minimum of 60 days following the bid opening. The successful bidder will be provided with no more than 15 days to complete all desired due diligence. Upon completion of the due diligence period, the successful bidder must execute a purchase agreement to be provided by Columbia Housing. Failure to execute a purchase agreement shall result in recission of the bid award and forfeiture of earnest funds.
The second highest bid, upon agreement of bidder, shall be retained for a period of 45 days or until such time that the highest bidder has executed the purchase agreement. Earnest funds for all other bids shall be returned within 15 business days from notification of an acceptable bid.
Closing - As noted above, the property is encumbered by HUD and upon receipt of acceptable bids, Columbia Housing must secure release of the DOT from HUD. It is anticipated that this approval process could take up to 90 days or, for a high bid below the minimum bid amount, up to 180 days. Closing will occur within 30 days from release.
THE HOUSING AUTHORITY OF THE CITY OF COLUMBIA RESERVES THE RIGHT TO REJECT ANY, OR ALL BIDS THAT DO NOT COMPLY WITH THIS REQUEST. COLUMBIA HOUSING FURTHER RESERVES THE RIGHT TO REJECT ANY AND ALL BIDS WITHOUT CAUSE.
