Substitute Trustees' Sale: 125± Room Hotel Property At The Capital Beltway - Exit 15, Central Ave. "Upper Marlboro/Largo Area"
It is believed the property is located within both a Development District Overlay known as “Largo Center Section Plan and SMA” and an Opportunity Zone.
Guided Tour to begin promptly at 1:30 pm on November 21st.
ALL THAT fee-simple LOT OF GROUND AND THE IMPROVEMENTS THEREON, if any, situated in Prince George’s County, MD and more fully described as follows:
Parcel Lettered “E-1”, being part of a resubdivision of Parcel Lettered “E” in a subdivision known as “LARGO CENTRE WEST” as per Plat thereof recorded in Plat Book NL 132 at Plat No. 34, among the Land Records of Prince George’s County, Maryland.
The improvements thereon being known as 9421 W. Largo Drive, Upper Marlboro, Maryland 20774.
TOGETHER WITH all interests appurtenant to the above described property be virtue of the Rights of Way recorded in Liber 6876 at folio 684 and Liber 6876 at folio 687.
Tax Account Number: 13-1475326.
The property known as 9421 Largo Drive West is believed to be improved by a 6-story hotel property containing 70,475± gross square feet improved building area. The hotel is believed to contain 125± guest rooms, restaurant, swimming pool, fitness center and conference rooms. Lot size 2.7± acres. There are 160± onsite parking spaces.
HOTEL FURNITURE, FIXTURES, EQUIPMENT, ETC.
The hotel furniture, fixtures, equipment and all of the tangible and intangible assets of the Debtor that are located on or about the Real Estate and that are subject to the security interest will be offered with the real estate. The personal property, including restaurant equipment, located in the restaurant is not included in the sale.
The property and improvements, if any, will be sold in an “AS IS” condition and subject to conditions, restrictions, existing building, zoning, and/or environmental violations, easements, agreements of record affecting the same, if any, and with no warranty either expressed or implied as to the description of the condition of the property or improvements.
The property will be sold subject to any violation notices and subject to all conditions, restrictions, covenants, encumbrances, right of ways, easements, agreements and other matters of record affecting the same, if any.
The real estate and hotel furniture, fixtures, equipment, etc. will be sold as an entirety.
