The old Davol School at 112 Flint St. has found a potential buyer.
Contractors Landing LLC, the business of developer John Ferreira, the city-owned property on Oct. 15 at the end of a bidding review process that opened Sept. 19 and closed on Nov. 3. According to official request for proposals documents made available to the City Council, Ferreira has an eye for turning the three-story brick building into 16 one- and two-bedroom apartments.
The 30,000-square-foot property that has traded several hands over its colorful history was inspected and appraised by Assessor Mark Freitas at $355,000 at the end of April.
Ferreira has a record of repurposing old, established buildings around the city, and in a letter to the city’s Purchasing Department, he calls the Davol School a “diamond in the rough,” believing the property has “great potential as a market-rate apartment building.”
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