
The Ashbury Towers auction will consist of two separately auctioned parcels. Parcel 2 provides for (3) six-unit and (2) four-unit townhouse structures. Two of the six-unit buildings are constructed and three townhouse units have been sold and are privately owned. Parcel 1 provides for the remaining new townhouses, rehab condominiums and 14 new one-story penthouse units.
Bids will take place on-site at Ashbury Towers at 11:00 a.m. The minimum opening bid for parcel 1 is $200,000 and for parcel 2 is $375,000. For additional information regarding the auction and the Ashbury Towers project, see http://www.bambeck.com/ashbury.pdf.
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