Capital Needs Assessment and Asset Repositioning Consulting
Closed September 30, 2026closed · North Carolina
This bid is for a housing capital needs assessment and asset repositioning strategy across 12 communities in Chapel Hill and Carrboro, North Carolina.
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What the job is
Portfolio: 296 residential units with one to five bedrooms, one administrative office building, and three community buildings.
Inspections: Randomly sample at least 30% of occupied units across every community and bedroom size; inspect 100% of vacant units and facilities. Assess site conditions, structures, roofs, HVAC, electrical, plumbing, interiors, life safety, accessibility, and energy efficiency.
Capital plan: Identify immediate deficiencies, estimate component remaining useful life, and develop a 20-year capital needs schedule with detailed repair and replacement costs.
Repositioning strategy: Evaluate conversion, redevelopment, and mixed-finance options; prepare financial pro formas, funding recommendations, relocation considerations, resident engagement strategies, and a phased implementation plan for each community.
Deliverables and schedule: Provide draft milestone reports, final assessment and strategy reports, photos, supporting spreadsheets, and stakeholder presentations. Begin within 60 days of contract execution and complete within one year.
XL Eagle