Hello, we’d like to share with you a new vision that we’re calling “Building in Bethany.”
Bethany College and the Town of Bethany (home to five National Historic Landmarks) offer a. unique opportunity to real estate investors and individual homeowners interested in partnering with the Town and College to revitalize Bethany, West Virginia.
The College and Town have identified close to one dozen residences/store fronts (and has the prospect of making available several more properties) in possible need of remodeling or demolition and replacement. These are a mixture of residential and commercial properties.
The Town of Bethany is a member of the Business Development Corporation (BDC) of Brooke County, West Virginia. A working group is discussing plans to possibly raze some of the properties. And we are working on a plan to possibly sell Bethany lots to investors willing to construct single family, duplex, small apartment buildings and/or commercial properties.
In addition, the working group is in talks with other area entities regarding the possibility of working with the WV Housing Development Distressed Properties Fund, towards the goal described above. Discussions are continuing, no formal agreements have been made.
The Town is also looking into possible use of West Virginia Historic Rehabilitation Tax Credit Savings Program funds to try to work with existing property owners to rehabilitate/improve properties in the Town’s Historic District.
Investors willing to construct residences and businesses that revitalize yet complement existing homes and architecture within Bethany are invited to contact:
Town of Bethany Patrick Sutherland
Cell Phone at 304 794-8632
Regular Mail: Town of Bethany, Box U Bethany, WV 26032
Mr. John Lipinski, Bethany College
Vice President of Operations
E-mail at email@example.com
Office Phone: 304 829-7633
Thank you for allowing us to share these exciting opportunities with you.
Mayor, Town of Bethany
VP of Operations, Bethany College