This is a public record generated listing.
Hotel Property and Related Assets in Vermont
Listing Information
Attachments
Hotel Property and Related Assets in Vermont
Price: $4,000,000.00
Other Item Info
Item #: vtbke_40850
Created: 01/15/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Location: Burlington, Vermont
Sale Date: Tue. Feb 25, 2020
Created: 01/15/2020
Category: Business Property > All Assets or Going Concerns > Travel & Leisure
Sale Location: Burlington, Vermont
Sale Date: Tue. Feb 25, 2020
Seller Info
Raymond Obuchowski
Trustee's Attorney
PO Box 60
Bethel, VT 05032
802-234-6244
Trustee's Attorney
PO Box 60
Bethel, VT 05032
802-234-6244
Bankruptcy Info
Case #: 2:19-bk-10522
Case Title: 309 RTE 100 Dover LLC
Court: Vermont Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: 309 RTE 100 Dover LLC
Court: Vermont Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of hotel property known as the Doveberry Inn located at 284 Rte 100, Dover Vermont. The sale also include furniture, furnishings, fixtures and equipment, including, without limitation, ski lifts, all of which are located in Wilmington and Dover, Vermont, together with certain development rights, lease rights, water rights and infrastructure, with the assignment and assumption of certain agreements (collectively, the “Sale Property”).
Assets for sale is more described on the attached PDF.
Financial Overview
Income and Expenses ($)
months
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Asset and Liability Summary ($)
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Inventory:
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Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on February 25, 2020 at 10:00 a.m.
- Participation in the Bidding Process: (i) Bidding for the Sale Property (Lot 1): (1) Bid Amount: $4,550,000; (ii) Bid Deposit: 10% Percent of the proposed purchase price; (iii) Bid Increment: $200,000.00; (ii) Bidding for the Barnstormer Lift (Lot 2): Bid Increment: $50,000.00; (iii) Bidding for the Joint Sale (Lot 3): (1) Bid Amount: $8,320,000.00; (ii) Bid Deposit: 7% Percent of the proposed purchase price; (iii) Bid Increment: $250,000.00.
- Bid Deadline: February 20, 2020
- Last date to respond: February 21, 2020