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NORTHBROOK, Sick., Oct. 11, 2024 /PRNewswire/ — AW Houses World, along its public sale category AuctionWorks, broadcasts November 26, 2024, because the bid time limit for the Bankruptcy 11 chapter gross sales of 2 distinct construction websites within the Burtonsville, MD department. Each houses are located in robust development corridors and provide distinctive alternatives for construction.
Web site Ultimate for Senior Dwelling Building at 15300 Dino Dr, Burtonsville, MD 20866
The primary component is an roughly 5.86-acre parcel situated at 15300 Dino Dr, Burtonsville, MD 20866 excellent for senior dwelling construction. The component used to be not too long ago entitled for the advance of 176 senior dwelling devices with 210 beds, together with separate dwelling, assisted dwelling, and reminiscence offer choices:
- Separate Dwelling: 92 Gadgets, 119 Beds
- Assisted Dwelling: 60 Gadgets, 64 Beds
- Reminiscence Offer: 24 Gadgets, 27 Beds
- Zoning: R-200 or TDR
- Entitlements: Assumed Licensed
Located in a impulsively rising department, this web page items a fantastic alternative for traders to fulfill the emerging call for for senior housing. The component advantages from a major location and a various dimension of facilities that cater to the senior family.
Residential Building Land Parcel at P365 Used Columbia Pike, Burtonsville, MD 20866
The second one component is an roughly 11.14-acre parcel situated at P365 Used Columbia Pike, Burtonsville, MD 20866, at the east aspect of Used Columbia Pike, west of Path 29 (Columbia Pike), and north of Spencerville Street (Path 198) in Bernard Law Montgomery County. The component is perfect for growing two single-family properties and is located in a scenic and well-established residential department.
● Zoning: RC (Minimal 5 Acre Quite a bit)
Each houses are situated within the Burtonsville department of Bernard Law Montgomery County, recognized for its attribute residential neighborhoods and proximity to main thoroughfares, making them extremely available and fascinating for hour construction. This can be a uncommon alternative for builders and traders to procure houses in a high-growth department.
Diana Peterson, CEO of AW Houses World, commented at the robust call for for senior housing: “According to Senior Housing News, the senior housing market is experiencing significant growth, with units being filled at a much faster rate than they are being built. From 2021 to 2023, 28 senior housing units were absorbed for every 10 that were added, compared to just 7 units per 10 added between 2017 and 2019. This highlights a major opportunity for developers and investors to capitalize on a high-demand segment of the real estate market.” She endured, “The bankruptcy sales of these two sites present an outstanding opportunity for investors and developers to capitalize on the development potential in established, high-demand neighborhoods in Montgomery County.”
Sale Procedure for Each Houses
The sale of 15300 Dino Dr is being performed by means of Layout of the U.S. Chapter Court docket for the District of Maryland (Greenbelt Category) in Case Disagree. 21-10491-MCR Bankruptcy 11 (Burtonsville Crossing, LLC, Debtor) and Case Disagree. 21-10492-MCR Bankruptcy 11 (Elderhome Land, LLC, Debtor), collectively administered below Case Disagree. 21-10492 MCR. Bids will have to be won on or prior to November 26, 2024, at 5:00 PM (CT) and will have to be submitted at the Acquire and Sale Oath to be had for assessment from AW Houses World’s site.
The sale of P365 Used Columbia Pike may be being performed below the similar joint management. Bids for this component will have to even be won on or prior to November 26, 2024, at 5:00 PM (CT) and submitted at the Acquire and Sale Oath equipped.
patrons must assessment the necessities to take part within the chapter sale procedure to be had on AW Houses World’s site. For additional knowledge, please touch Diana Peterson at 312-218-6102 or [email protected].
For additional main points at the houses, the sale procedure, and the phrases, or to acquire get entry to to due diligence paperwork, please seek advice from awproperties.com or name 847-509-2757.
About AW Houses World
AW Houses World and AuctionWorks, its public sale category and on-line market, are headquartered in Northbrook, IL. The AW Houses World staff is an advanced and dynamic crew of seasoned brokerage and public sale execs, together with legal professionals, MBAs, and CPAs, who discuss with their purchasers to assistance them drop prices and maximize worth throughout a portfolio or on a person asset foundation. Dedicated to consumer pride and excellence in actual property consulting, funding gross sales, brokerage, and auctions, the AW Houses World staff seamlessly merges native marketplace experience with in depth world achieve.
The AW Houses World staff supplies premier industrial and home actual property consulting, brokerage, and public sale services and products throughout all areas, complemented by means of apparatus liquidation services and products, gross sales of going worry companies, and rent restructuring services and products. Focusing on inclinations of actual property and actual property with a industry and/or apparatus, the AW Houses World platform comprises funding gross sales, sped up gross sales, on-line public sale gross sales, sealed bid gross sales, bulk/portfolio gross sales, sale leasebacks, UCC foreclosures gross sales, and chapter/363 gross sales. For more info, seek advice from awproperties.com.
SOURCE AW Houses World and AuctionWorks
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