Federal Real Property: Conflicting Appraisals of Land Near Columbia Hospital for Women
GGD-90-15
Published: Dec 11, 1989. Publicly Released: Jan 18, 1990.
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Highlights
Pursuant to a congressional request, GAO analyzed the differences between two appraisals of government-owned property in the District of Columbia, in connection with H.R. 2031, which would direct the General Services Administration (GSA) to sell the property to the Columbia Hospital for Women for $7 million paid on the date of conveyance, plus $3 million paid 15 years after that date.
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AppraisalsComparative analysisFair market valueFederal propertyHospitalsLand managementProposed legislationReal estate salesReal propertyStandards evaluation