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Golf Course Facility and Related Assets in Tennessee

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Golf Course Facility and Related Assets in Tennessee



Price: Not Specified

Other Item Info
Item #: txsbke_430953
Created: 05/21/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Date: Thu. Jun 11, 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

Description

Auction Sale of assets of Warrior Golf, LLC (“Seller”). The assets relating to the Baneberry Golf and Resort Club. Seller is the owner of the Baneberry Resort and Golf Club (the “Baneberry Golf Club”) and related amenities located in Baneberry, Tennessee. The Baneberry Golf Club consists of a 6,700+ yard, 18-hole golf course, inn, private villas, pro shop, and restaurant facilities with a fully stocked bar within a 12,500 square foot clubhouse, all set in the historic Smokey Mountains.

The sale assets more described in Exhibits A and B from Page No. 42-58 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 9, 2020
  7. Last date to respond: June 12, 2020


Other Information

Terms and Conditions:

See Attached.


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