Lawrence has been hit very hard with foreclosures--many of the properties on the market now in Lawrence are in some state of foreclosure. It's a terrible situation that really threatens the entire community. Garden Street is just one street and has 8 homes in various states of foreclosure.
At this time LCW has purchased 4 buildings and we hope to continue to purchase properties, rehab them and bring them back into productive use for our community.
This is a picture of two of the buildings we own--they are 2-family attached row houses. The first floors have 2 bedroom apartments and the 2nd and 3rd floors are a two level apartments that are either 3 (or 4) bedroom apartments--we haven't actually decided how many bedrooms would be best.