Northern Star
DeKALB – After a series of unresolved code violations, the City of DeKalb and Hunter Properties have reached a tentative agreement which will include a change of ownership of four complexes owned by Hunter Properties.
In the agreement, Hunter Properties is to sell Hunter Ridgebrook, 808-832 Ridge Drive and 832 Edgebrook Drive, Hunter Tri-Frat, 930-934 Greenbrier Road and 1024 W. Hillcrest Drive, Lincoln Tower, 1100 W. Lincoln Highway, and Hunter Hillcrest, 1011-1027 Hillcrest Drive, within 3 ½ years.
Marcus & Millichap and Triad Real Estate Partners are currently listed to sell the properties, according to the agreement.
DeKalb City Attorney Matthew Rose said there’s no current buyer for the properties. The agreement obligates Hunter Properties to provide certain services that should improve the quality of living conditions to people that live there, he added.
Hunter-ridgebrook
Matthew-rose
Hunter-tri
Hunter-hillcrest
Kierra-frazier
Marcus-millichap
City-council
Hunter-star-properties
Dekalb-public-library
Hunter-properties
Northern-star-file-photo
Hunter-tri-frat