Developer Liquidation Auction – 11 Condo’s O.C. Maryland!

Developer Liquidation Auction - 11 Condo's O.C. Maryland!ONLINE ONLY AUCTION!

5th street in downtown Ocean City, MD!

Bidding Opens June 10th at 12:00 PM

Bids Close June 11th at 6:01 PM

Allen & Marshall Auctioneers is honored to sell 11 OC Condominiums/Cottages!

Directions: On Rt. 50 Travel to Ocean City. Cross the bridge. At the base of the bridge continue East on North Division St. to Baltimore Ave. Turn left onto Baltimore Ave and follow to for 0.4 miles to 5th St. Turn Left onto 5th Street. Follow to Philadelphia Ave. Cross Philadelphia Ave and follow to property on the left. Signs Posted.

Description: 11 Condos on 5th street in downtown Ocean City with excellent cash flow history will be sold at online only auction with bids due June 11th at 6:01 PM. Bidding will open on June 10th at 12 PM on the Auction Company Website. Parrot Bay units 13,25,36/37,44 and 45. Hitch units B,C,D,E. There is something in this auction for everyone from 3 bedroom cottages, to 1 bedroom condos. Hitch Units D & E Will be sold at Absolure Auction.

Units: Parrot Bay / Hitch Condominiums

Taxmap__Parcel__Building__________Unit#__________BR/BA

0110____3931____”C” Parrot Bay_____Unit 13________3 BR, 1 BA
0110____3931____”F” Parrot Bay_____Unit 24________2 BR, 1 BA SOLD PRIOR TO THE AUCTION
0110____3931____”G” Parrot Bay_____Unit 25________2 BR, 1 BA Cottage
0110____3931____”N” Parrot Bay_____Unit 36________2 BR, 1 BA LATE ADDITION – 1st Floor
0110____3931____”N” Parrot Bay_____Unit 37________2 BR, 1 BA LATE ADDITION – 2nd Floor
0110____3931____”O” Parrot Bay_____Unit 40________1 BR, 1 BASOLD PRIOR TO THE AUCTION
0110____3931____”O” Parrot Bay_____Unit 42________1 BR, 1 BA SOLD PRIOR TO THE AUCTION
0110____3931____”O” Parrot Bay_____Unit 43________1 BR, 1 BA SOLD PRIOR TO THE AUCTION
0110____3931____”P” Parrot Bay_____Unit 44________3 BR, 2 BA
0110____3931____”P” Parrot Bay_____Unit 45________3 BR, 2 BA

Taxmap___Parcel__Building__________Unit#__________BR/BA

0110____3896____Hitch Condominiums __Unit B_________1 BR, 1 BA
0110____3896____Hitch Condominiums __Unit C_________1 BR, 1 BA
0110____3896____Hitch Condominiums __Unit D_________1 BR, 1 BA SOLD ABSOLUTE
0110____3896____Hitch Condominiums __Unit E_________1 BR, 1 BA SOLD ABSOLUTE

Terms: $500.00 hold placed on a major credit card at www.amauctions.com. With this deposit you will be given a secure bidder number. The successful bidder will be required to post a $5,000.00 deposit within 48 hours of the auction. A 2.5% buyer premium will be added to the bid price. Settlement to occur within 45 days of conclusion of auction. Units are sold without warranty or representation of any kind. The seller has the right to accept or reject the final bid but have expressed their desire to sell said units.

Auctioneers Note: Units may be sold prior to auction and pre auction offers can be directed to the Auction Company. Units 24, 40, 42 and 43 are SOLD. Adding units 36 and 37 Parrot Bay Description: Unit 36- First Floor unit 2 BR, 1 BA. Unit 37- 2nd floor unit 2 BR 1 BA. Note: Units 36 & 37 have been recently updated with new kitchens, appliances, bathrooms, flooring, tv’s, paint, beds and AC/Heat Units! They show very well! Visit web site for complete terms and information on the auction! This is an ONLINE ONLY auction event, if you are unable to bid online please contact the auction company.

Preview Dates: May 3rd & 4th from Noon – 2 PM. June 7th & 8th from noon – 2 PM.

Contact Auction Company for Additional Details. 410-749-8092 or 443-614-4340

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