Assets of Real Estate Holding Company
Listing Information
Assets of Real Estate Holding Company
Price: $4,000,000.00
Created: 01/15/2020
Category: Business Property > All Assets or Going Concerns > Real Estate Investment & Services
Sale Location: Burlington, Vermont
Sale Date: Tue. Feb 25, 2020
Trustee's Attorney
PO Box 60
Bethel, VT 05032
802-234-6244
Case Title: Hermitage Inn Real Estate Holding Company, LLC and Hermitage Club, LLC
Court: Vermont Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of assets of Hermitage Inn Real Estate Holding Company, LLC and Hermitage Club, LLC which includes certain real estate, furniture, furnishings, fixtures and equipment, including, without limitation, ski lifts, all of which are located in Wilmington and Dover, Vermont, together with certain development rights, lease rights, water rights and Infrastructure.
Financial Overview
Additional Details
Auction Time: 10:00 A.M
Sale hearing on February 25, 2020
Bidding for the Sale Property (Lot 1):
Bid deposit: Ten (10%) Percent of the proposed purchase price
Bid increment: $200,000.00
Bidding for the Sale Property (Lot 2):
Bid increment: $50,000.00
Bidding for the Sale Property (Lot 3):
Bid deposit: Seven (7%) Percent of the proposed purchase price
Bid increment: $250,000.00
Last date to respond: February 21, 2020