Auctioneers are seeking bids by Friday for a bank-owned, 10,000-foot residential property at 2136 Wisconsin Avenue. A property which the Washington Business Journal describes as "hard hit by the recession," the building was built in 2007 but its owners could not successfully find residents before the Mid-Atlantic Federal Credit Union reclaimed it.
"Since bids opened about three months ago, embassies, nonprofits, foundations and academic groups have all shown interest," WBJ writes.
The number of bids and the probable sales price is not known, but the credit union has promised to finance the property for the buyer, who will need to finish the 95 percent complete building before it can sign on residents.
1 Comment For This Article
FYI This building IS NOT located in Georgetown. Not by a long shot.
The location is Glover Park.
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