NEW YORK – Madison Hawk Partners, a national real estate firm and industry leader specializing in Structured Accelerated Sales, will conduct a sealed bid auction for a 167-acre development site in the Woodland Hills planned residential community in Middletown Borough, Dauphin County, Pennsylvania.
The offering includes a 12.5-acre site fully approved for the construction of 150 rental units in five separate buildings. The remaining acreage has preliminary approval for the development of 290 for-sale, single-family homes.
Bids can be placed on the entire development or either parcel individually. The sealed bid deadline is Thursday, January 19th, 2017.
“This is a unique opportunity for developers and investors to acquire approved and well-located acreage that offers a range of development flexibility,” says Jeff Hubbard, President of Madison Hawk Partners. “The first phase is ready to be developed as upscale apartments or as student housing for Penn State University-Harrisburg, located within walking distance to Woodland Hills.
“In addition the for-sale portion of the site is ideal for a homebuilder seeking to purchase property in one of southeast Pennsylvania’s most desirable suburban communities,” Mr. Hubbard adds.
Lying in Dauphin County, just 10 minutes east of Harrisburg and 20 minutes west of Lancaster, Woodland Hills is conveniently located near major highways serving the greater Harrisburg region. The property is less than one mile from Pennsylvania Route 283 and the entrance to the Pennsylvania Turnpike (I-76), and is near I-283 and I- 83 and the Capital Beltway, a three- highway network connecting the region to York PA and Baltimore. The Harrisburg International Airport is also less than five minutes away.
Woodland Hills is also situated near a wealth of everyday conveniences, shopping and dining opportunities, with the cultural and entertainment benefits of a nearby University close at hand.
The community would be served by the award-winning Middletown Area Public School District, which consists of the Robert G. Reid Elementary School, Middletown Area Middle School, and Middletown Area High School.
On-site inspections will be available on December 15th and 21st and January 12th at 1:00 p.m. To make an appointment to tour the properties, please call Madison Hawk at 800-547-1045. Sealed bids should be sent to the New York City offices of Madison Hawk Partners, LLC, 575 Lexington Avenue, Suite 4023, New York, NY 10022.
For additional information on the auction, please call 1-800-547-1045 or visit www.MadisonHawk.com.
About Madison Hawk
Madison Hawk is a national real estate firm and industry leader specializing in Structured Portfolio Sales and Capital Market Solutions to complex real estate situations across all asset classes. The Madison Hawk team is among the most experienced in the industry, having designed and executed over $10 billion worth of commercial and residential sales across all asset classes including; apartment buildings, office buildings, industrial buildings, shopping centers, development land, condominium developments, luxury homes and other special purpose properties. http://www.madisonhawk.com