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Membership Interest in Real Estate Company

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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
Seller Info
Faye C Rasch
Trustee's Attorney
1807 10th Street, Suite 6
Santa Monica, CA 90404
626-279-9627
Bankruptcy Info
Case #: 8:16-bk-12589
Court: California Central Bankruptcy Court
Chapter: 7
View Case Docket

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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.


Sale Location

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411 West Fourth Street
Santa Ana, CA, 92701

Additional Details

  1. Sale Hearing in "Courtroom 5D" @ 2:30 p.m.
  2. Bid Amount: $275,000
  3. Bid Increment: $5,000
  4. Bid Deposit: $5,000


Other Information

Terms and Conditions:

See Attached.


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