The Lower Mihaville estate will be sold as a whole\u2014all 45 units together\u2014and not as individual home units. <\/p>\n
Jacob Mu\u00f1a, the Northern Marianas Housing Corp.\u2019s office manager, said yesterday that the housing units in Lower Mihaville will be put up for lease or for sale but interested investors would have to purchase all 45 units altogether. <\/p>\n
\u201cWe are still selling the 45 units in Lower Mihaville. We\u2019re not selling them individually. We\u2019re selling\/leasing it as a whole,\u201d he said. <\/p>\n
In a previous article on the Saipan Tribune, NMHC corporate director Jesse Palacios said that the Lower Mihaville estate would be put up for sale or lease but did not clarify whether it would be as a whole or as individual units.<\/p>\n
Mu\u00f1a added that a request for proposals will be issued soon but there is no exact date. \u201cOnce everything settles, we can put out the RFP,\u201d he said. <\/p>\n
The last issued RFP for the Lower Mihaville estates in Garapan was issued back in December 2017 and many came out to the pre-proposal meeting, but no one actually submitted a proposal. <\/p>\n
Mu\u00f1a said the privately-owned units in the Lower Mihaville area, as well as the units that are still occupied by NMHC housing programs, will not be included in the units that will be put up for sale\/lease. <\/p>\n
\u201cThere are some properties in the Mihaville that are privately owned, but the other 45 abandoned units are ours,\u201d he said.<\/p>\n
The Lower Mihaville estate is only one of multiple properties that the corporation is putting up for sale or for lease. <\/p>\n
According to Palacios, the corporation has already put up other properties for sale or lease in Kagman, Dandan, Tinian, and Rota. <\/p>\n
\u201cWe\u2019re making them available for both [sale or lease]. The one for lease is for those people who are not [of Northern Marianas descent] so if you\u2019re not from here, you can still lease the property for 55 years, so we\u2019re not limiting the ownership to NMDs. It\u2019s for everyone,\u201d said Palacios. <\/p>\n
The properties that have already been put up for sale are the properties the corporation acquired from the U.S. Department of Agriculture. \u201cFor us to get our money back, we have to sell the properties,\u201d he said. <\/p>\n
All the properties that are up for sale or lease are residential, according to Palacios. \u201cWe don\u2019t have vacant lands. They\u2019ll have houses on them, but most are abandoned,\u201d he said. <\/p>\n
Palacios added that the properties that are up for sale or lease are properties that individuals have shown interest in. <\/p>\n
\u201cOne of the other reasons we sell these properties is because people come to us and they show interest. \u2026Whenever someone is interested, that\u2019s when we actually try to sell it,\u201d he said.
\nFor more information, visit the NMHC office in Garapan.<\/p>\n","protected":false},"excerpt":{"rendered":"
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