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Commercial Properties in Kentucky and Indiana
Listing Information
Attachments
Commercial Properties in Kentucky and Indiana
Minimum Price: $325,000.00
Other Item Info
Item #: insbke_637869
Created: 04/14/2015
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: Thu. May 21, 2015
Created: 04/14/2015
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: Thu. May 21, 2015
Seller Info
Wendy D. Brewer
Debtor's Attorney
P.O. Box 6277 11781 Belle Plaine Blvd., Suite 200
Fishers, IN 46037
317-215-6220
Debtor's Attorney
P.O. Box 6277 11781 Belle Plaine Blvd., Suite 200
Fishers, IN 46037
317-215-6220
Bankruptcy Info
Case #: 3:14-bk-70833
Case Title: Easycare Inc.
Court: Indiana Southern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Easycare Inc.
Court: Indiana Southern Bankruptcy Court
Chapter: 11
View Case Docket
Real Estate Location
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Owensboro, KY, 42301
Description
Sale of Real Estate Holdings, two (2) Commercial properties in Kentucky and a Commercial Property in Indiana. The Real Properties are described below:
a) 5010 Back Square Drive, Owensboro, KY 42301 (the “Owensboro Property”): This is a well located stand alone office building that has recently been used as a home medical care office. This property has open space, private offices, break areas, and an enclosed garage along with ample parking. This property is located behind the area's regional mall and close to major roadway linkages and dining. It is just off of Southtown Blvd which is currently being converted from a 2 lane to 5 lane giving this property much better access. Building Size: 4,700 SF, Lot Size: 0.53 AC and Built in 1986.
b) 321 N. Second Street, Vincennes, IN 47591 (the “Vincennes Property”); and
c) 108 & 110 E. Washington Street, Princeton, KY 42445 (the “Princeton Properties”).
Additional Details
- Sale Term: $325,000, with an agreement to lease the Real Estate Holdings to the Debtor for a period of at least two (2) years on a month-to-month lease at a market lease rate, with the option for the Debtor to repurchase the Real Estate Holdings at anytime during the two (2) year period for the same $325,000 Purchase Price
- Initial competing bids must be in the amount of at least $350,000, and subsequent bids shall be in increments of not less than $10,000.00. Competing bids must include the Sale/Leaseback Transaction terms.
- Bid Deadline - 7 days prior to the scheduled auction