25-Room Hotel in New Jersey for Auction
Listing Information
25-Room Hotel in New Jersey for Auction
Price: Not Specified
Other Item Info
Item #: njbke_947330
Created: 11/01/2016
Category: Business Property > All Assets or Going Concerns > Real Estate Investment & Services
Sale Location: Camden, New Jersey
Sale Date: Thu. Dec 1, 2016
Primary Office Location: 553 E. Absecon Blvd., Absecon, NJ 08201
Links: http://www.comly.com/auction/301526/royal-lodge/
Created: 11/01/2016
Category: Business Property > All Assets or Going Concerns > Real Estate Investment & Services
Sale Location: Camden, New Jersey
Sale Date: Thu. Dec 1, 2016
Primary Office Location: 553 E. Absecon Blvd., Absecon, NJ 08201
Links: http://www.comly.com/auction/301526/royal-lodge/
Seller Info
Stephen E. Comly
Seller
1825 E Boston St
Philadelphia, Pennsylvania 19125
215-634-2500
Seller
1825 E Boston St
Philadelphia, Pennsylvania 19125
215-634-2500
Bankruptcy Info
Case #: 1:15-bk-27435
Case Title: Mirambica, Inc.
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Mirambica, Inc.
Court: New Jersey Bankruptcy Court
Chapter: 11
View Case Docket
Description
25-room hotel in Atlantic County, New Jersey. This two-story lodging facility is 14,890 sf on 1.80± acres. Highway development zoning, with 25 parking spaces. Located right off Route 30 in Absecon, New Jersey, minutes away from Atlantic City. Auction also includes all business intangibles and intellectual property.
Financial Overview
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Sale Location
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Camden, NJ, 08102
Other Information
Terms and Conditions:
Inspection: Contact Auction Office to schedule an appointment at 215-634-2500 or email: [email protected]
Preliminary Bid Documents Due: ASAP. Any person seeking more information must execute a confidentiality agreement.
Due Diligence Expires: 5:00 pm ET on Monday, November 28, 2016
*Auction Company must pre-approve any party interested in becoming a potential bidder. Prior to submitting any bids, potential bidder must provide a statement setting forth source of financing.
Bid Submission Deadline: 5:00 pm ET on Tuesday, November 29, 2016.
Auction Sale:10:00 am ET on Thursday, December 1, 2016
*Sale is subject to court approval — hearing scheduled for Thursday, December 1, 2016 at 11:00 am ET.