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Membership Interest in Real Estate Company
Listing Information
Attachments
Membership Interest in Real Estate Company
Price: $270,000.00
Other Item Info
Item #: cacbke_1752350
Created: 04/18/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Santa Ana, California
Sale Date: Tue. May 7, 2019
Created: 04/18/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: Santa Ana, California
Sale Date: Tue. May 7, 2019
Seller Info
Faye C Rasch
Trustee's Attorney
1807 10th Street, Suite 6
Santa Monica, CA 90404
626-279-9627
Trustee's Attorney
1807 10th Street, Suite 6
Santa Monica, CA 90404
626-279-9627
Bankruptcy Info
Description
Sale of membership interest owned by Downs Holdings, Inc. (“Downs Inc.”) in Ten Twenty University, LLC (“Ten Twenty”). The shares of Downs Inc. are held 50% by the seller and 50% by her husband Timothy Downs (“T. Downs”).
Ten Twenty’s only asset is the real property commonly known as 1020 University Street, Seattle, Washington (the “Property”). The Property is an income-generating 45-unit residential apartment building in the coveted Capitol Hill neighborhood of Seattle.
Financial Overview
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Additional Details
- Sale Hearing in "Courtroom 5D" @ 2:30 p.m.
- Bid Amount: $275,000
- Bid Increment: $5,000
- Bid Deposit: $5,000