501, 493, & 489 MAIN STREET, PRINCE FREDERICK, MD 20678

The Seller’s operating structure is set up in three layers.  Initially as a Land Condo (Old Field Commons) with 6 building sites each with 10% direct ownership interest (60%) and a 40% undivided common interest representing the common areas.  Of the 6 pad sites, 3 are operated by single business owners and 3 are operated as condominiums with multiple condominium suite owners.  The allocation of the common area charge among the 6 sites is based on building square footage.  Building capacity is maximized for each site.