Assets of Real Estate Company
Listing Information
Assets of Real Estate Company
Price: $104,100,000.00
Created: 11/08/2021
Category: Business Property > All Assets or Going Concerns > Real Estate Investment & Services
Sale Location: Miami, Florida
Sale Date: Wed. Dec 1, 2021
Debtor's Attorney
100 SE 2 St #4400
Miami, FL 33131
(305) 349-2300
Case Title: Midtown Campus Properties, LLC
Court: Florida Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of substantially all of assets of Midtown Campus Properties, LLC (the “Seller”). The seller owns a certain 500,000 square foot mixed-use student housing project known as One College Park and located on a 2.0- acre site at 104 Northwest 17th Street, Gainesville, FL 32603 (the “Property”), which Property (i) consists of a 6-story, multi-use building with a rectangular shape that wraps around a 7.5-level parking garage, and (ii) when complete will have 310 apartment units (589-beds consisting of studios, and each of one, two, three, and four bedrooms), 289 parking spaces for monthly rental for tenants and an additional 250 spaces used for public parking, 14 scooter spaces, 260 bicycle spaces, and 15,000 square feet of commercial retail space and related facilities on its bottom floor.
Financial Overview
Sale Location
Miami, FL, 33131
Additional Details
- Auction Time: 1:00 p.m.
- Sale Hearing Held on December 3, 2021.
- Bid Increment: $250,000
- Bid Deposit: 2% of such qualified bidder’s purchase price
- Bid Deadline: November 30, 2021
- Last date to respond: December 1, 2021