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Membership Interest in Real Estate Company

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Listing Information

Attachments

Membership Interest in Real Estate Company



Price: $1,600,000.00


Other Item Info
Item #: ncwbke_192667
Created: 03/27/2018
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Michael Leon Martinez
Trustee's Attorney
101 North Tryon StreetSuite 1240
Charlotte, NC 28246
704-375-3720
Bankruptcy Info
Case #: 3:17-bk-30132
Case Title: TSI Holdings, LLC
Court: North Carolina Western Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of the interest owned by Sharon Road Properties, LLC (“SRP”) in Bissell Porter Siskey, LLC (“BPS”). SRP owns a 32.55% interest (the “BPS Interest”) in Bissell Porter Siskey, LLC (“BPS”). BPS owns a commercial building located at 4521 Sharon Road, Charlotte, North Carolina (the “Office Building”). The Office Building is a 70,839 square foot multi-tenant office building, which generates rents sufficient to cover operating and maintenance costs and to make distributions to BPS’s members on a regular basis. The Office Building includes an approximately three-acre parcel of land located across Sharon Road from the South Park Mall in Charlotte, North Carolina.


Additional Details

  1. Bid Amount: $1,700,000.00
  2. Bid Increment: $100,000.00
  3. Last date to respond: April 23, 2018


Other Information

Terms and Conditions:

See Attached.


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