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Ownership Interest in Real Estate Brokerage Company
Listing Information
Attachments
Ownership Interest in Real Estate Brokerage Company
Minimum Price: $5,000.00
Other Item Info
Item #: miebke_787494
Created: 09/04/2014
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Southfield, Michigan
Sale Date: Thu. Sep 25, 2014
Created: 09/04/2014
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Southfield, Michigan
Sale Date: Thu. Sep 25, 2014
Seller Info
Tracy M. Clark
Trustee's Attorney
Suite 203
Southfield, MI 48033
(248) 352-4700
Trustee's Attorney
Suite 203
Southfield, MI 48033
(248) 352-4700
Bankruptcy Info
Description
Sale of a 50% interest in Metro Investments Realty, LLC.
The Company operates as a real estate brokerage. Revenue is derived from property management, as well as real estate commissions for leasing and selling residential real property. The company has no hard assets; none of the management agreements have penalties for early cancelation; and the company is responsible for an office lease with a balance in excess of $76,000.
Financial Overview
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months
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Asset and Liability Summary ($)
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Real Estate:
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Sale Location
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Southfield, MI, 48033
Additional Details
Bid Deadline: September 24, 2014
Bid Deposit Amount: $500
Initial Bid Amount: $6,000
Biding Increments: $1,000
Last date to respond - 14 days from the date of service
Date of Service - September 3, 2014