Two Warehouse/Industrial Buildings, 1.64 +/- Acres, Elkridge, Maryland
Substitute Trustee’s Sale
January 22, 2015
8150 & 8160 Lark Brown Road, Elkridge, Maryland 21075
SOLD – $2,300,000 Sale to be held on the premises at 8150 & 8160 Lark Brown Road, Elkridge, Maryland 21075
No Buyer's Premium!
Excellent location, ideally located just one mile from intersection of I-95 and Route 175 in Howard County. Property is believed to be 1.64 +/- Acres and improved with two building office/warehouse complex with 30,000 +/- SF, with 8 +/- loading docks and 1 drive-in with ample parking.
If a purchaser purchases all of the Lots, a deposit of One Hundred Fifty Thousand Dollars ($150,000.00) will be required of the purchaser in the form of certified or cashier’s check at the time and place of sale. If a purchaser purchases less than all of the Lots, a deposit in the amount of Seventy-Five Thousand Dollars ($75,000.00) per Lot, payable by cashier’s or certified check, will be required of the purchaser(s) at the time and place of sale. The Lots, or each individual Lot, will be sold in “as is” condition, subject to any and all covenants, conditions, restrictions, easements, rights of redemption and other encumbrances, whether or not of record, and with no warranties. .
Manner of Sale
The Trustees may offer each individual Lot for sale separately and reserve the bids or the Trustees may offer all of the Lots for sale, or any group of Lots that the Trustees designate, as an entirety and reserve the bids. The Trustees reserve the absolute and unconditional right to offer the Lots 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 to reject any and all bids and to withdraw the Lots from sale for any reason.
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