Matt Cooper - Commercial Real Estate Showcase

Matt Cooper Property Listings
Alex Cooper Auctioneers, Inc.
908 York Rd
Towson, MD 21204-2541
(410) 977-4711
(410) 828-0875

301 - 340 Adair Court - Oaktree Townhomes - Oaktree Townhomes

Joppa, MD 21085-3801 - Joppa MF Submarket

Property Type:Multi-Family Number of Units:49 Status:Existing Year Built:1970
Stories:2 Building Size:49,000 SF Land Area:6.71 AC (292,218 SF)
For Sale Price:For Sale Price/Unit:- Cap Rate:- GRM:-

Parking:1.53 Parking Spaces / 1,000 SF

Property Description: Multi Family - 49 Units

Apartment Unit: townhouse

Sale Notes:
Substitute Trustees' Sale: Townhouse Community Consisting of Seven 2-Story Apartment Buildings Totaling 49 Units Known As Oaktree Townhomes in "Joppa"

The Property contains approximately 6.709 +/- acres and is believed to be improved with seven (7) two-story townhouse apartment buildings containing a total of forty-nine townhouse apartment units. The gross building area and rentable floor area is believed to be approximately 49,392 +/- square feet. Each townhouse unit is believed to contain approximately 1,008 +/- square feet and is believed to include a living room and kitchen on the first floor, with three (3) bedrooms and one full bath on the second floor. It is believed that only Phase 1 of the Property (Parcels 1-7 described above) has been subjected to the Condominium Regime subject to all rights, easements, restrictions, covenants, reservations, limitations, reverters, charges and provisions contained in the Condominium Declaration, By-Laws and the Plats. It is believed that future Phases 2, 3, 4, 5, 6 and 7 have not been annexed to the Condominium Regime. The Property is believed to be zoned R-4, which is believed to have a designation of residential.

The Property will be sold as an entirety only. The Property will not be sold subject to any leases. A deposit of One Hundred Thousand Dollars ($100,000.00) for the Property, payable in cash, certified check or other form acceptable to the Substitute Trustees, will be required of the purchaser(s) at the time and place of sale.

Alex Cooper Auctioneers, Inc.
Matt Cooper
(410) 977-4711

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