The large piece of land known as the Davis-Taylor farm and the adjacent Beach Club Golf Course were both featured in a trustees’ sale hosted by Atlantic Auctions at the Atlantic Hotel Oct. 30. The farmland brought $1.25 million while the golf course brought $1.3 million. Both properties were purchased by investors from across the Bay Bridge.
“I have no plans yet,” said Adham Abouassali, the Frederick resident who purchased the farmland. “I was interested in it because it’s incorporated with the town.”
Abouassali was the winning bidder on the 245-acre piece of farmland, which is made up of four smaller parcels north of Route 50. In all, the land was advertised to contain 191 tillable acres, 160 acres zoned industrial and a remaining 85 acres zoned residential.
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2 comments:
Owning a golf course will guarantee no waiting time to play.
Adham Abouassal is also a real estate agent, not simply a "frederick resident". Why cover that up?
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