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CONNECTICUT WALK TOMWNHOMES TO BE OFFERED BY MICHAEL FOX AUCTIONEERS ON BEHALF OF RESOLUTION TRUST CORPORATION

CONNECTICUT WALK TOMWNHOMES TO BE OFFERED BY MICHAEL FOX AUCTIONEERS
 ON BEHALF OF RESOLUTION TRUST CORPORATION
 WASHINGTON, June 10 /PRNewswire/ -- Michael Fox Auctioneers today announced that they will auction three luxury townhouses, known as "Connecticut Walk" on Wednesday, July 8, 1992, noon, at the property. The auction has been authorized by the Resolution Trust Corporation.
 The townhomes, which have never been occupied, are located at 5326 and 5328 Connecticut Ave., and 3726 Military Rd. in the prestigious Chevy Chase section of the District of Columbia.
 The fully complete townhomes are 3,000 +/- square feet and are located within easy walking distance of the Metro, shopping, entertainment and fine restaurants.
 Two of the three luxury homes for auction include elevators while all are appointed with numerous amenities typical of upscale properties of this type.
 According to Steven Fox, project manager for the auctioneer, "This auction represents perhaps a once in a lifetime opportunity to purchase a luxury home at substantial savings." Four of the seven homes in the "Connecticut Walk" development have already been sold and are currently occupied.
 Inspections and tours of the property will be held on three successive Sundays: June 14, 21 and 28 from 1-3 p.m. These tours are open to the public although other times can be made available by calling the auctioneer at 800-722-3334.
 These luxury properties are constructed of brick and stone. All have garages with automatic openers, enclosed gardens with patios and professional landscaping. Interiors feature four finished levels with fireplaces, wet bars, marble foyers, hardwood floors, Jacuzzi master baths and much, much more.
 A $25,000 deposit on each property will be required from the successful bidder(s) at the time of the auction. Settlement will occur within 45 days.
 Prospective buyers are urged to call Michael Fox Auctioneers at 800-722-3334 for further information.
 -0- 6/10/92
 /CONTACT: David H. Nevins, 410-356-8822, or Steve Fox, 800-722-3334, both for Michael Fox Auctioneers/ CO: Michael Fox Auctioneers ST: District of Columbia IN: SU: :END


TW -- DC018 -- 8802 06/10/92 11:55 EDT
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Publication:PR Newswire
Date:Jun 10, 1992
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CONNECTICUT WALK TOWNHOMES TO BE OFFERED BY MICHAEL FOX AUCTIONEERS ON BEHALF OF RESOLUTION TRUST CORPORATION

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