A 45-unit luxury condominium development in Cumberland sold through a court ordered bankruptcy auction earlier this month.

The Mark at Cumberland Foreside sold to Builders Capital Finance LLC based in Denver for $15.7 million on Sept. 17, according to court documents obtained by the Bangor Daily News.

The four-story development on U.S. Route 1 has 24 one-bedroom and 21 two-bedroom units and cost more than $20 million to build. The 64,795-square-foot building sits on more than three acres.

The building has heat pumps, security systems, a gym, storage for residents and a parking garage in the bottom level.

The project is poised to add dozens of new, much-needed housing units to a desirable part of southern Maine, but underwent some financial turbulence in the building process. Its sale t

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