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Eighty Residential Properties for Sale

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Listing Information

Attachments

Eighty Residential Properties for Sale



Minimum Price: $3,766,500.00


Other Item Info
Item #: tnwbke_370795
Created: 07/09/2014
Category: Real Property > Residential > Other
Sale Date: None Set
Seller Info
Michael P. Coury
Trustee's Attorney
Suite 400 6000 Poplar Avenue
Memphis, TN 38119
(901) 525-1322
Bankruptcy Info
Case #: 2:10-bk-21899
Court: Tennessee Western Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of total of 80 residential properties describe as below:

(i) 33 properties for a gross purchase price of $750,000.
(ii) 47 properties for a gross purchase price of $3,016,500


Additional Details

Bid Deadline: August 5, 2014
Overbid Amount for 33 Property: $787, 500
Overbid Amount for 47 Property: $3,167,325

Bid Increment Amount: If the outstanding high bid is in excess of $500,000 but less than $999,999, then subsequent bids shall be in increments of increase in the amount of $20,000 and in excess of $1,000,000 or more, then subsequent bids shall be in increments of $30,000



Other Information

Terms and Conditions:

See attached.


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