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BRUNSWICK COUNTY, NC (WECT) – Brunswick County Commissioners will have to decide whether or not to go with a new bid for the old hospital.
A real estate company based out of Manhattan put in an upset bid for the old Brunswick Community Hospital property in Supply, according to the county manager.
Crown Management LLC was the lone company to put in a bid initially. The offer came in at $1.5 million. The plan was to turn the hospital into a psychiatric care facility. Recently, it pulled its bid because it was not sure how it would pay for the property.
County manager Marty Lawing said state statutes require an upset bid to be at least 10 percent of the first $1,000 and five percent of the remainder of the original bid.
Jacobs Real Estate Advisors LLC put in a bid of $1,575,050, according to Lawing.
Now it's up to county commissioners to either reject all bids or to approve the offer of the highest bid. Commissioners will make their decision on Monday.
If they accept the highest bid, the upset bid process will begin again and last for 10 days.
Lawing couldn't say much as to what the New York real estate company would do with the property, although he did think they could possibly make into a nursing home.
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