This is a public record generated listing.
Golf Course Facility and Related Assets in North Carolina
Listing Information
Attachments
Golf Course Facility and Related Assets in North Carolina
Price: $4,000,000.00
Other Item Info
Item #: ncebke_318639
Created: 06/29/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: None Set
Created: 06/29/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: None Set
Seller Info
Jason L. Hendren
Debtor's Attorney
4600 Marriott Drive Suite 150
Raleigh, NC 27612
(919) 573-1422
Debtor's Attorney
4600 Marriott Drive Suite 150
Raleigh, NC 27612
(919) 573-1422
Bankruptcy Info
Case #: 5:19-bk-04309
Case Title: Porters Neck Country Club, Inc.
Court: North Carolina Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: Porters Neck Country Club, Inc.
Court: North Carolina Eastern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Porters Neck Country Club, Inc. (“Seller”). The assets relating to the Porters Neck Country Club located at 1202 Porters Neck Road, Wilmington, North Carolina (the “Club”). The Club consists of an 18-hole golf course, a clubhouse, a driving range, pool, tennis courts, and other amenities and supporting personal property (collectively, the “PNCC Property”). The Club's membership structure and operations originally were developed by Porters Neck Limited Partnership, now known as Porters Neck Limited, LLC (“PNL”).
Assets for sale is more particularly described in Exhibit A from Page No. 18-20 on the attached PDF.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
Last date to respond: 21 days from the date of service
Date of Service: June 26, 2020