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Golf Course Facility and Related Assets in Colorado

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Listing Information


Golf Course Facility and Related Assets in Colorado

Price: $1,500,000.00

Other Item Info
Item #: txsbke_430953
Created: 05/21/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: Wed. Jun 10, 2020
Seller Info
Michael D. Warner
Debtor's Attorney
301 Commerce Street Suite 1700
Fort Worth, TX 76102
(817) 810-5250
Bankruptcy Info
Case #: 4:19-bk-50026
Case Title: Westwind Manor Resort Association, Inc. and Warrior ATV Golf, LLC
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Sale of assets of Westwind Manor Resort Association, Inc and Warrior Golf Assets, LLC (collectively, the “Sellers”). The assets relating to the Lakota Canyon Ranch and Golf Club. Seller is the owner of the Lakota Canyon Ranch and Club (the “Lakota Golf Club”) and related amenities and parcels of real property located in New Castle, Colorado. The Lakota Golf Club consists of a 7,111 yard, 18-hole championship golf course, golf cart barn and related maintenance and irrigation facilities, and a 3,000 square foot clubhouse that has facilities available for dining and catering, as well as breathtaking views of the surrounding mountains. The Lakota Golf Club also includes certain parcels of undeveloped real property abutting or otherwise near the golf course facilities. Further, the Lakota Golf Club is nestled within a surrounding community of homes and is subject certain agreements with the attendant homeowner’s association.

The sale assets also includes: All of WGA’s and Warrior Acquisition’s current right, title and interest in the Real Property, Personal Property, Assumed Contracts, permits, intangibles, entitlements, tradename and trademark, books and records and insurance claims or proceeds with respect to the Lakota Golf Club. All other assets of WGA including all cash, accounts, receivable and bank deposits as well as all causes of action relating to the Lakota Golf Club, and more described in Exhibits A and B from Page No. 53-55 on the attached PDF.

Additional Details

  1. Auction Time: 10:00 a.m.
  2. Sale Hearing Held on June 15, 2020 at 2:00 p.m.
  3. Initial Minimum Overbid: Each bid subsequent to the Initial Minimum Overbid shall be in an amount of not less than $50,000.
  4. Bid Increment: $50,000
  5. Bid Deposit: 10% of the bidder’s proposed purchase price
  6. Bid Deadline: June 8, 2020
  7. Last date to respond: June 12, 2020

Other Information

Terms and Conditions:

See Attached.

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