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Membership Interest in Real Estate Holding Company
Listing Information
Attachments
Membership Interest in Real Estate Holding Company
Price: $80,000.00
Other Item Info
Item #: miebke_818088
Created: 01/11/2017
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Detroit, Michigan
Sale Date: Fri. Feb 10, 2017
Created: 01/11/2017
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Detroit, Michigan
Sale Date: Fri. Feb 10, 2017
Seller Info
Stephen P. Stella
Trustee's Attorney
Suite 400
Detroit, MI 48226
(313) 962-6400
Trustee's Attorney
Suite 400
Detroit, MI 48226
(313) 962-6400
Bankruptcy Info
Description
Auction Sale of 45% membership interest in ATD Development-Warren, LLC (“ATD”) and a 45% interest in RPR Development, LLC (“RPR”) (collectively the “Membership Interests”), described as below:
- RPR is a building company that owns real estate at 28030 Gratiot, Roseville, Michigan. The building is occupied by an Apple Annie’s restaurant for $55,000.00; and
- ATD is a building company that owns real estate located at 3855 E. 12 Mile Road, Warren, Michigan upon which a Friar’s Kitchen & Bakery is situated for $25,000.00.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
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Asset and Liability Summary ($)
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Inventory:
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Real Estate:
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Liabilities to assume:
Additional Details
Auction Time: 10:00 a.m
A 10% deposit will be required of the high bidder at the conclusion of the sale, plus bona fide evidence of
financial means to close on the sale.
Last date to respond: 21 days from the date of service
Date of Service: January 10, 2017