"Perryville, MD" The Marina at Owens Landing

Sale has been postponed.
New date to be announced.

Bob Van Galoubandi, Esquire
1777 Reisterstown Road, Suite 375
Baltimore, MD 21208

SUBSTITUTE TRUSTEE’S SALE

– Perryville, MD –

THE MARINA AT
OWENS LANDING

Sale to Be Held at Marina Office
12 RIVER ROAD
Cecil County, MD 21903

Sale has been postponed.
New date to be announced.
THURSDAY, MARCH 28, 2019
AT 11:00 A.M.

    Operating marina situated at the confluence of the Susquehanna River and Chesapeake Bay, within a one hour drive of Baltimore, Philadelphia and Wilmington. Walk to historic town center and Amtrak station.

      Property is believed to contain 188 boat slips (with capacity for 198 slips), dry storage area for approximately 150 watercraft, swimming pool, launch ramp, men’s and women’s bathhouses, parking and storage areas, and an 2-story office building with second story apartments containing 3,844 square feet of gross building area.

• Fixed and floating wood docks and piers, approximately 50% of which are believed to be served by water and electric
• Launch ramp with Travelift rails
• Synthetic, concrete and wood plank bulkheads with landscaped walkways
• Two story, vinyl sided office and maintenance shop building, approximately 3,884 square feet of gross building area (gba), with drive-in door, retail sales area, office and storage areas, 3 rest rooms, electric heat pump and central air conditioning; chain link fenced rear storage lot
• Inground swimming pool
• Men’s vinyl sided pool house, approximately 556 square feet (gba), 6 showers, 6 commodes
• Women’s vinyl sided pool house, approximately 556 square feet (gba), 6 showers, 6 commodes
• Gravel driveway and parking area
• Tax account numbers for the Property are 07-022360, 07-043813, & 07-044224.
• In addition to the Real Property, the Trustee will also sell all of Covenant Marine II, LLC’s personal property (the “Personal Property”), including without limitation, equipment, floating piers, travel lifts, inventory, goods, accounts, rents, general intangibles, insurance proceeds, and choses in action (if any).

The marina offers multiple income streams, including:

• Slip Rentals
• Dry and Winter Boat and RV Storage
• Office/Retail Income
• Apartment Income
• Pool Membership for the surrounding community and boat owners

Please see the: Legal Advertisement with complete terms of sale.