Two Commercial Condo Units Near BWI in Hanover, MD
The real property being generally known as 7410 Coca Cola Drive, Unit 205 and Unit 207, Hanover, Maryland 21076 and being comprised of tax account numbers 01-305816 and 01-305824. The Property is believed to be used as an office, showroom and warehouse.
If a purchaser purchases all of the Property, a deposit in the amount of Fifty Thousand Dollars ($50,000.00), payable by cashier’s check or certified check, will be required of the purchaser of the Property at the time and place of sale. If a purchaser purchases an individual Unit, a deposit in the amount of Twenty Five Thousand Dollars ($25,000.00), payable by cashier’s or certified check, will be required of the purchaser of a Unit at the time and place of sale. The successful bidder(s) will be required to increase the deposit to ten percent (10%) of the bid amount by the close of business on the third business day following the date of sale by delivering certified funds to the Trustees.
The Property is being sold in an “AS IS” condition and without any warranties or representations of any kind, either express or implied, as to the value, nature, condition or description of the Property or the improvements thereon.
The Trustees may offer each individual Unit for sale separately and reserve the bids or the Trustees may offer all of the Property for sale as an entirety and reserve the bids. The Trustees reserve the absolute and unconditional right to offer the Property for sale in any order or manner as the Trustees deem appropriate and beneficial to the Noteholder. The manner of sale which generates the highest sale price for the Noteholder will be selected by the Trustees. The Trustees reserve the right, in their sole discretion, to reject any and all bids and to withdraw the Property from sale.