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Business and Real Property Interest for Sale

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Business and Real Property Interest for Sale



Minimum Price: $109,400.00


Other Item Info
Item #: mssbke_245541
Created: 01/20/2015
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
William J. Little, Jr.
Trustee's Attorney
2505 14th Street Suite 100
Gulfport, MS 39501
228-867-6050
Bankruptcy Info
Case #: 1:12-bk-50733
Court: Mississippi Southern Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of one-third interest in 40 acres located in Wayne County, Mississippi, the Bankruptcy Estate’s “direct” ownership in fractional interests of Munro Properties, LP and Munro Terminal, LP,and the right to receive a one-third distribution from the decedent’s estate of Donald C. “Sunny” Munro’s mother, Deveaux Munro. Interests are described below:

  • Munro Properties, L.P.: 25% limited partnership interest for $44,200.00.
  • Munro Properties, L.P.: 8% limited partnership interest for $11,700.00.
  • The Decedent’s Estate Of Deveaux W. Munro:
    The Decedent’s Estate owns two (2) parcels of real property described as follows:
    A. Parcel No. 60127550.000, Jackson County, Mississippi which is a parcel of real property on Bienville Blvd, 152.5' wide (frontage) and 400' deep (“Bienville Blvd Property”) for $52,500.00, and
    B. Parcel No. 05408810.000, Lot 25, Block 236 A, Gulf Park Estates Subdivision, Jackson County, Mississippi (“Gulf Park Estates Lot”) for $1,000.00.

Other Information

Terms and Conditions:

See Attached.


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