UNDER CONTRACT The Kent Manor Inn is under contract for $3,800,000. The hearing to approve the sale is scheduled for Monday, December 5, 2016 at the US Bankruptcy Court, District of Maryland. If you are interested in submitting a higher and better bid, pursuant to the proposed bidding procedures, you must submit your offer and $200,000 deposit by November 30, 2016 by 5:00pm EST and participate in the auction scheduled for December 1, 2016 at 10:00am EST to be held at Yumkas, Vidmar, Sweeney & Mulrenin, LLC, 1919 West Street, Suite 200, Annapolis, Maryland. Any additional offers must be at least $4,000,000. Please refer to the proposed Bidding Procedures and the Motion to Sell Property filed with the US Bankruptcy Court for details.
Stephen Karbelk RealtyMarkets