An owner of frequently flood-damaged Hatboro properties who tried unsuccessfully to obtain a government buyout to demolish those structures has purchased the Old Mill Inn and the adjacent Miller House.
Jim Case, whose company Horizon Property Management owns 332 S. York Road, which houses a pizza shop and several auto repair businesses, told Patch on Tuesday that Aspen Mill LLC, of which he is president, purchased the former Old Mill Inn and the neighboring Miller House.
According to Montgomery County property records, Aspen Mill LLC paid $480,000 for the Old Mill Inn, 18 Horsham Road and the Miller House, 402 S. York Road on Aug. 6. Two days later, Aspen Mill LLC sold the Miller House, for $515,000 to a Plymouth Meeting-based entity.
When the properties hit the market as a combo deal in July 2011, the asking price for the pair was $899,999.
Case would not say what plans he had in store for the nearly 300-year-old former grist mill. He directed Patch to his partner, Linda Clauser, whom he said finalized the deal.
Patch was unsuccessful in reaching Clauser for comment on Tuesday.
During a meeting last year when Wawa still had an interest in buying the properties, Clauser stood up for the convenience store chain and said residents’ anger toward the company was misdirected.
“I don’t think the Old Mill could look any worse than it does now,” Clauser had said during the meeting.
The nearly Old Mill Inn sustained severe damage from a pair of storms in 2011, including the worst, Hurricane Irene. Officials have estimated that it would cost $1 million or more to restore the Old Mill Inn.
That same storm forced the closure of Quig’s Pizza, which, until then, had been located at Case’s property at 332 S. York Road. The family-owned eatery has since relocated to the north end of town.
Since then, Case and his partners have sought government buyouts for the flood-prone properties, and, most recently, have appealed a zoning hearing board rejection of Case’s apartment plan for 332 S. York Road.