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Ownership Interest in Two Real Estate Investments

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Listing Information

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Ownership Interest in Two Real Estate Investments



Price: $56,000.00


Other Item Info
Item #: wawbke_583959
Created: 04/09/2014
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Tue. May 6, 2014
Seller Info
Donald Thacker
Trustee
P.O. Box 5279
Vancouver, WA 98668
(360)993-2688
Bankruptcy Info
Case #: 3:13-bk-43567
Court: Washington Western Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of Ownership interests in two separate real estate investments, described as below:

  • One-third (1/3) interest in a Washington LLC known as BCF LLC ("BCF"). BCF has as its sole asset, commercial real property located at: 1106 Douglas, Longview, Washington. The estimate value for this property that range from $250,000.00 to $325,000.00. In addition to the land, on the filing date BCF also had $30,541.00 on hand in cash. The building was subject to a mortgage of approximately $105,847.00. The Sale Price is $36,000.
  • One-quarter (1/4) interest in another Washington LLC known as BCFM LLC ("BCFM"). BCFM has as its sole asset commercial real property located at 811 11th, Longview, Washington. The estimate value for this property that range from $150,000.00 to $225,000.00. In addition to the land, on the filing date BCFM also had $40,695.00 in cash. The building is subject to a mortgage of approx $59,375.00. The Sale Price is $20,000.

Additional Details

  1. Sale Hearing Time - 09:00 AM
  2. Last date to respond - April 29, 2014


Other Information

Terms and Conditions:

See attached.


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