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Eight Residential Properties in Connecticut

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Listing Information

Attachments

Eight Residential Properties in Connecticut



Price: $11,240,000.00


Other Item Info
Item #: ctbke_263238
Created: 04/20/2017
Category: Real Property > Residential > Other
Sale Date: None Set
Seller Info
Irene M. Costello
Debtor's Attorney
65 Broadway 508
New York, NY 10006
917-705-1636
Bankruptcy Info
Case #: 2:14-bk-20292
Case Title: Eternal Enterprise, Inc.
Court: Connecticut Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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243-255 Laurel Street
Hartford, CT,

Description

Sale of 8residential properties located in Hartford, CT, includes:

  1. 243-255 Laurel Street, Hartford, CT;
  2. 252 Laurel Street, Hartford, CT;
  3. 154-160A Collins Street, Hartford, CT;
  4. 21 Evergreen Avenue, Hartford, CT;
  5. 117-145 South Marshall Street, Hartford, CT;
  6. 56 Webster Street, Hartford, CT;
  7. 270 Laurel Street, Hartford, CT;
  8. 360 Laurel Street, Hartford, CT;

The property 1-6 containing 176 apartment units will be sold for $9,240,000.00, together with:

  • Real Property. All of that certain tract of land more fully described on Exhibit A to this Agreement (the "Land") together with all building's and other improvements thereon (collectively, the "Improvements"), and all appurtenances thereto (collectively, the "Real Property");
  • Personal Property. All stoves and refrigerators located in and used in connection with the Real Property and owned by Seller (collectively, the "Personal Property");
  • Leases. The Seller's interest in all leases, tenancies, licenses and other agreements for the use or occupancy of any portion of the Property in effect on the date of this Agreement and all guaranties in connection therewith and any and all leases entered into after the Effective Date and in accordance with the terms hereof ( collectively the "Leases");

The property 7 and 8 consisting of two parcels of land containing 76 and 18 apartment units respectively will be sold for $2,000,000.00, together with:

  • all buildings, structures and other improvements located, thereon (collectively, the "Improvements");
  • all easements, rights, interests, claims and appurtenances, if any, in any way belonging or appertaining to the Land or the Improvements;
  • all right, title and interest of Seller, if any, in and to all adjoining streets, alleys and other public ways;
  • Contracts. The Seller's interest in the service and maintenance contracts identified by Buyer's due diligence (collectively, the "Contracts"), provided that Buyer shall have the right to terminate any Contract that it does not desire to assume.

Other Information

Terms and Conditions:

See Attached.


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