Vivo Baltimore 101 W Fayette St Immeuble residentiel 558 lots À vendre Baltimore, MD 21201

Substitute Trustees will sell at public auction in the lobby of 110 West Baltimore Street, Baltimore, Maryland 21201, on MAY 7, 2025 AT 12:00 PM.
Substitute Trustees' Sale of Two Substantially Renovated Apartment Buildings Containing Approx. 550 units known as "Vivo Living Baltimore"
101 W. Fayette St. and 110 W. Baltimore St., Baltimore, MD 21201
A $2,000,000 deposit shall be required at the time and place of the auction and shall be in the form of a cashier’s check drawn on a bank acceptable to the Substitute Trustees.
Property Description
Note: Vivo Living Baltimore is currently under professional management by a Court Appointed Receiver.
The property consists of two separate tax accounts with a combined land area of approx. 1.66 acres. It is improved by two 27-story towers that have 550 rental units. It also includes 17,240 +/- sq. ft. of ground level commercial space. The two buildings share an underground garage with approx. 217 spaces. The unit mix breakdown is contained in the Documents section of the website.
Financials
As of 2/28/2025, the property was 37% leased and had Total Income of $2,978,693 for the trailing 12 months.
January and February 2025 Total Income was $546,199 which is equivalent to approx. $3,277,000 annualized.
Additional Features
• 6 Passenger Elevators
• HVAC system is a central hydronic system with multiple cooling towers and chillers
• Centrally metered utilities
• The project amenities include a fitness center, a lounge, a billiards/game room, laundry facilities, and an outdoor patio/deck.
• Bathrooms - The bathrooms within each unit feature combination tub/showers with ceramic tile wainscot. Additionally, each bathroom features a commode, counter/sink, vanity mirror, and vinyl tile flooring.
NOTE: The information contained herein is offered for informational purposes only and there are no warranties with respect to the accuracy of such information.
Legal Advertisement
Under a power of sale contained in a Construction Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing dated April 7, 2022 and recorded among the Land Records of Baltimore City at Book 24568, Page 219, supplemented by a Supplement to Construction Deed of Trust, Security Agreement, Assignments of Rents and Fixture filing dated March 11, 2025 and recorded among the Land Records of Baltimore City at Book 27791, Page 412 (collectively, the “Deed of Trust”), and following the recording of a Deed of Removal of Trustee and Appointment of Substitute Trustees recorded among the Land Records of Baltimore City at Book 27840, Page 227, at the request of the party secured by the Deed of Trust, the Substitute Trustees will sell at public auction in the lobby of 110 West Baltimore Street, Baltimore, Maryland 21201, on MAY 7, 2025 AT 12:00 PM.
ALL THOSE above-referenced fee simple lots of ground and the improvements thereon situated in Baltimore City, Maryland and more fully described as follows:
TRACT I: BEING KNOWN AND DESIGNATED as Lot 11 as shown on a plat of subdivision entitled “Plats 1 through 6 BALTIMORE HARBOR HOTEL & THE RESIDENCES AT BALTIMORE HARBOR HOTEL”, which plat is recorded among the Land Records of Baltimore City in Plat No. FMC No. 4211.
TRACT II: BEING KNOWN AND DESIGNATED as Lot 13 as shown on a plat of subdivision entitled “Plats 1 through 6 BALTIMORE HARBOR HOTEL & THE RESIDENCES AT BALTIMORE HARBOR HOTEL”, which plat is recorded among the Land Records of Baltimore City in Plat No. FMC No. 4211.
The two tracts described above shall be referred to collectively as the “Property”.
More legal advertisement is continued under the terms of sale tab and Full legal advertisement is available in the document section of the auctioneer's website, link below.

Summary terms of sale: This advertisement, as amended or supplemented by any oral announcements during the sale, constitutes the entire terms upon which the Property shall be offered for sale, sold, or purchased.
The Property will be sold in “AS IS” condition and without recourse, representation or warranty, express or implied, of any kind. The purchaser shall be solely responsible for obtaining possession of the Property. The Property will be sold subject to (i) all conditions, liens, restrictions, rights of redemption, covenants, encumbrances, and agreements of record that take priority over the Deed of Trust; (ii) any violations of housing, building, environmental, or other codes, (iii) the rights of any tenant(s) in possession of any portion of the Property under any recorded or unrecorded leases and (iv) such state of facts that an accurate survey or physical inspection of the Property might disclose.
A $2,000,000 deposit shall be required at the time and place of the auction and shall be in the form of a cashier’s check drawn on a bank acceptable to the Substitute Trustees. The deposit will not earn interest in the hands of the Substitute Trustees. The purchaser shall increase the deposit to ten percent (10%) of the bid price within two (2) business days of the sale, payable by cashier's check or immediate funds wire transfer to the Substitute Trustees. If the purchaser fails to timely increase the deposit, the purchaser will be in default. The party secured by the Deed of Trust (the “Secured Party”) or any affiliate thereof, if a bidder, is not required to post a deposit or to pay interest on the unpaid purchase money. If the Secured Party purchases the Property at the sale, the amount bid by the Secured Party, after deducting all expenses related to the sale, shall be a credit against the indebtedness secured by the Deed of Trust.
The balance of the purchase price, with default interest at the rate set forth in the Promissory Note, shall be paid by cash, cashier’s check, or another acceptable form at settlement, which must occur within thirty (30) days of final ratification of the sale by the Circuit Court for Baltimore City. Interest will accrue at the default rate from the date of sale until the date the funds are received by the Substitute Trustees. There shall be no abatement of interest if settlement is delayed.
Full terms of sale can be found on the auctioneer's website, link below.