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Ownership Interest in Real Estate Company
Listing Information
Attachments
Ownership Interest in Real Estate Company
Price: $71,000.00
Other Item Info
Item #: sdbke_54018
Created: 05/07/2020
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Created: 05/07/2020
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Forrest Allred
Trustee
14 2nd Ave SE, Suite 200
Aberdeen, SD 57401
605-225-3933
Trustee
14 2nd Ave SE, Suite 200
Aberdeen, SD 57401
605-225-3933
Bankruptcy Info
Description
Sale of the 25% interest in Dakota Drive, LLC, formerly owned by the seller, and the 25% interest in Dakota Drive, LLC, formerly owned by the co-seller, each of which is now owned by the bankruptcy estate. Dakota Drive, LLC, in turn owns a one-half interest in an apartment complex in Rapid City, South Dakota. The development consists of four residential structures each containing twelve residential rental units.
Financial Overview
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