Ownership Interest in Multiple LLC, Casino and Real Estate
Listing Information
Ownership Interest in Multiple LLC, Casino and Real Estate
Price: $510,000.00
Created: 04/15/2014
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Wed. May 14, 2014
Trustee's Attorney
1055 Whitney Ranch Drive, Suite 110
HENDERSON, NV 89014
(702) 485-3300
Description
Sale of ownership interests in Shucks II, LLC (“Shucks II”), Shucks III, LLC (“Shucks III”), Shucks III Landlord, LLC (“LL”), Beano’s Real Estate (“Beanos”), Beano’s Casino (“Casino”), Twain and Fort Apache Limited Liability Company (“TFA”), Ranch Partners LLC (“RP”), Blue Diamond Ranches II, LLC (“BDR”), Diversified Realty and Management Company (“Diversified”) and Lorenzi Mini Storage (“LMS”). The ownership interests in the Sale Assets as follows:
Entity Name | Ownership Percentage | Valuation of Interest |
Lorenzi Mini Storage (“LMS”), a general partnership | 40.75% | $4,075.00 (Seller claim the market value of the entity is $10,000.00) |
Blue Diamond Ranches II, LLC (“BDR”) | 7.34% | $0.00 |
Ranch Partners, LLC (“RP”) | 8.16% | Unknown |
Twain Fort Apache, LLC (“TFA”) | 11.41% | Unknown |
Shucks II, LLC (“Shucks II”) | 34.62% | Unknown |
Shucks III, LLC (“Shucks III”) | 34.62% | Unknown |
Shucks III Landlord, LLC (“LL”) | 34.62% | $0.00 |
Beano’s Real Estate (“Beanos Real Estate”) | 50.00% | Unstated |
Beano’s Casino (“Casino”) | 50.00% | $500,000.00 |
Diversified Realty and Management Compan[y] (“Diversified”), a Nevada corporation | 50.00% | $0.00 |
Beano’s Real Estate includes Clark County Assessor Parcel Numbers (“APN”): 138-22-610-002 and 138-22-610-006. APN 138-22-610-002 is encumbered by a Deed of Trust held by Bank of Nevada. APN 138-22-610-006 is unencumbered.
Financial Overview
Additional Details
Sale Hearing in US Bankruptcy Court:
Foley Federal Building
300 S. Las Vegas Blvd., Las Vegas, NV 89101
Time - 2:30 p.m.
Bid Deposit Amount - $50,000.00
Bid Increaments - $25,000.00