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Ownership Interest in Washington Real Estate Holding Company
Listing Information
Attachments
Ownership Interest in Washington Real Estate Holding Company
Minimum Price: $30,000.00
Other Item Info
Item #: wawbke_610060
Created: 09/21/2015
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Marysville, Washington
Sale Date: Wed. Oct 14, 2015
Created: 09/21/2015
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Marysville, Washington
Sale Date: Wed. Oct 14, 2015
Seller Info
Alan J Wenokur
Trustee's Attorney
600 Stewart St Ste 1300
Seattle, WA 98101
206-682-6224
Trustee's Attorney
600 Stewart St Ste 1300
Seattle, WA 98101
206-682-6224
Bankruptcy Info
Description
Sale of 52% interest in LJ & PJ Enterprises, LLC, a Washington limited liability company.
LJ & PJ’s sole asset of value is a lessor’s interest in a ground lease on a medical office building in Arlington, Washington. That lease has been generating a small positive cash flow postpetition, based upon the difference between the lease payments made by building tenants and LJ & PJ’s obligations under the ground lease. The operations have allowed the LLC to pay monthly dividends to its members of roughly $5,000/month.
Financial Overview
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