Franklin Weighs Property Management Contract for Housing

The City of Franklin is considering approval of a property management services agreement with Longshot Property Development LLC to manage the Hutchins Building and Marcellus Flats. The contract runs from September 1, 2026, through August 31, 2027, with a monthly fee of $1,500 during the initial lease-up period and $1,200 thereafter and may continue month-to-month with notice. The agreement covers leasing, maintenance coordination, tenant relations, and NAHTF compliance.

Scope & details

The full contract record, as filed.

Contract amount

$1,500 per month August 2026–December 2026; $1,200 per month thereafter (until August 31, 2027)

Contract type

PROFESSIONAL_SERVICES

Contract term

September 1, 2026 – August 31, 2027, then month-to-month with 60 days’ written notice

Renewal date

2027-08-31

Renewal

Initial fixed term September 1, 2026 – August 31, 2027; thereafter may continue on a month-to-month basis upon mutual written agreement, terminable by either party with 60 days’ written notice.

Document type

Agenda

Source document

City of Franklin Agenda 2026-08-17

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Franklin?

Longshot Property Development Llc was awarded this professional services contract by City of Franklin, as recorded on August 17, 2026. The contract value is $1,500 per month August 2026–December 2026; $1,200 per month thereafter (until August 31, 2027).

How much is the Longshot Property Development Llc contract with City of Franklin worth?

The Longshot Property Development Llc contract with City of Franklin is valued at $1,500 per month August 2026–December 2026; $1,200 per month thereafter (until August 31, 2027), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Franklin Agenda 2026-08-17 (Agenda), dated August 17, 2026 from City of Franklin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Longshot Property Development Llc hold?

Longshot Property Development Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Longshot Property Development Llc's profile

What is City of Franklin currently buying?

Explore City of Franklin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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