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73 Monroe Avenue

Category: Projects

73 Monroe Avenue

73 Monroe Ave
Memphis, TN

Renovation of an existing building into 2 rental apartments and a ground floor restaurant


Property NameBar Dog
Project Cost$437,000
DistrictCore
TypeRenovation
DeveloperMr. and Mrs. M. Nelson McCoy
ContractorWells Design and Development
ArchitectJohn Leake Architects
Total MWBE$83,300
EBO Percent CTD1.00
StatusCompleted
Apartment Units2
Retail SF2,800
Approval Date2007-09-11
Year Opened2008

 

PILOT Details

LesseeM. Nelson McCoy and Christina H. McCoy
Lessee AddressPO Box 3838, Memphis, TN 38173-0838
Term10 Years
Approval DateSeptember 11, 2007
Close Date12/17/2007 0:00:00
Extension0
Term Mos120.00
Status From DateTerminated
Expected Term Date12/17/2017 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #07186938
December 17, 2007
Instrument #17124135
December 5, 2017 - Quit claim from CCRFC to Nelson and Christina McCoy
Instrument #18028273
March 26, 2018 - Amendment to quit claim correcting legal description

CCDC Loan Details

Loan ProgramDevelopment Loan
Loan RecipientChristina & Nelson McCoy
Loan Amount$54,000
Loan StatusClosed
Loan Approval DateSeptember 19, 2007
Loan Approval Close DateNovember 14, 2008