This is a public record generated listing.
Ownership Interest in Farms Business
Listing Information
Attachments
Ownership Interest in Farms Business
Price: $300,000.00
Other Item Info
Item #: arebke_261295
Created: 10/16/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Created: 10/16/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
M. Randy Rice
Trustee
523 S. Louisiana, Suite 300
Little Rock, AR 72201
(501) 374-1019
Trustee
523 S. Louisiana, Suite 300
Little Rock, AR 72201
(501) 374-1019
Bankruptcy Info
Description
Sale of estate's interest in Gum Ridge Plantation, Inc (hereafter referred to as "GRPI"). GRPI is a corporation headquartered in Chicot County, Arkansas, and is licensed to do business in the State of Arkansas. GRPI owns several acres of real property, which includes tillable farmland. Additionally, GRPI owns a barn, shop, grain bins and other equipment. The seller's estate owns approximately 13% (more or less) interest in GRPI out right. Additionally, the estate owns a 4.333% (more or less) interest in GRPI that is subject to a life estate of one of its other members.
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