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Real Property and the Development Documents for Sale

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Listing Information

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Real Property and the Development Documents for Sale



Price: $28,000,000.00


Other Item Info
Item #: prbke_276688
Created: 06/02/2016
Category: Real Property > Commercial > Other
Sale Location: San Juan, Puerto Rico
Sale Date: Wed. Aug 3, 2016
Seller Info
JUAN A CUYAR COBB
Debtor's Attorney
PO BOX 9023905
SAN JUAN, PR 00902
Bankruptcy Info
Case #: 3:12-bk-07857
Case Title: CONCILIO MISION CRISTIANA FUENTE DE AGUA VIVA INC
Court: Puerto Rico Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Real Estate Location

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, PR,

Description

Sale of Real Property and the Development Documents describe as:

  • Real Property: certain parcels of land located in Carolina, Puerto Rico, and consisting of approximately 3.0 acres (the "Land"), together with (i) all benefits, easements, rights of way, privileges, servitudes, tenements, hereditaments, appurtenances and other rights, of the Sellers pertaining to the Land; and (ii) all buildings, structures, fixtures, walls, fences, landscaping and other improvements situated on or affixed or appurtenant to the Land, including, without limitation, (a) the 13 floor tower consisting of approximately 536,000 gross square feet (the "Tower", together with the Land, the "Real Property")
  • Development Documents: all available plans and specifications relating to the completion of the Tower (the "Tower Specifications") and to the development of a proposed commercial and retail facility (the "Retail Facility Proposal") and a proposed parking facility (the "Parking Facility Proposal", together with the Tower Specifications and the Retail Facility Proposal, the "Development Proposals");

Sale Location

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San Juan, PR,

Additional Details

  1. Auction Time: 11:00 a.m.
  2. Bid Amount: 29,500,000
  3. Bid Increment Amount: $100,000
  4. Bid Deposit Amount: $1,500,000
  5. Bid Deadline: July 29, 2016


Other Information

Terms and Conditions:

See attached


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