Golf Course Facility and Related Assets in South Carolina
Listing Information
Golf Course Facility and Related Assets in South Carolina
Price: $500,000.00
Created: 05/21/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: Thu. Jun 11, 2020
Debtor's Attorney
301 Commerce Street Suite 1700
Fort Worth, TX 76102
(817) 810-5250
Case Title: Westwind Manor Resort Association, Inc. and Warrior ATV Golf, LLC
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of assets of Warrior Golf Management, LLC (“Seller”). The assets relating to the Heddles Hideaway Golf Course. Seller is the owner of the Heddles Hideaway Golf Corse (“Heddles Hideaway”) and related amenities and parcels of real property located in Spartanburg, South Carolina. Heddles Hideaway consists of a nearly 6,200 yard, 18-hole golf course, maintenance and irrigation facilities, and a 6,500 square foot clubhouse that has facilities available for dining and catering, as well as event facilities capable of accommodating over 200 patrons.
The sale assets also includes: All of WGM’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 Heddles Hideaway. All other assets of WGM including all cash, accounts, receivable and bank deposits as well as all causes of action relating to Heddles Hideaway, and more described in Exhibits A and B from Page No. 50-53 on the attached PDF.
Financial Overview
Additional Details
- Auction Time: 2:00 p.m.
- Sale Hearing Held on June 15, 2020 at 2:00 p.m.
- Initial Minimum Overbid: Each bid subsequent to the Initial Minimum Overbid shall be in an amount of not less than $50,000.
- Bid Increment: $50,000
- Bid Deposit: 10% of the bidder’s proposed purchase price
- Bid Deadline: June 10, 2020
- Last date to respond: June 12, 2020