Real Estate Auction - 52-Unit Boutique Hotel Complex
Real Estate Foreclosure Auction 24-51 - "York Beach Surf Club" - 2022 Upscale - Renovations & New Construction - 52-Unit Boutique Hotel Complex - Ocean Views - 3.17+/- Acres - 780 York St., Rt. 1A - YORK BEACH, MAINE - NEW DATE: Wednesday, December 11, 2024 at 11AM On Premises. - The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. - PREVIEW DATE: Wednesday, October 2, 2024 from 10AM-12PM - Contact Auctioneer's office to schedule an appointment. - Buyer Broker Participation Available. Contact Auctioneer for Qualifications. - The York Beach Surf Club is a 52-unit boutique hotel complex located directly across the street from Prebble's Point and long Sands Beach. The property has undergone a transformative renovation, rebranding, and an upscale repositioning of the complex that was completed in 2022; it has some of the newest inventory of rooms and amenities in York and on long Sands Beach. Guestrooms are best in market and include 42 interior and exterior corridor accommodations as well as 10 bungalows for a total of 52 keys. Rooms have been fully refurbished with high-end materials, furnishing, baths, electronics, and Wi-Fi. The amenities include Atlantic ocean access directly across the street, a modern and contemporary saltwater pool complex with expansive sunning decks and large pool house with showers, locker space, food and beverage service coming from a newer full service modular kitchen. All personal property, food service equipment, furnishings, and electronics will be sold together with the real estate as an entirety.Terms: A $100,000 deposit in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc., (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The deposit must be increased to 10% of the purchase price within 5-business days of the public sale. The property will be sold by public auction subject to all outstanding municipal assessments. All personal property, food service equipment, furnishings, and electronics will be sold together with the real estate as an entirety. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction number 24-51. Richard J. Keenan #236. Our 52nd Year and 8,689th Auction.
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