This is a public record generated listing.
Membership Interest in Real Estate Company
Listing Information
Attachments
Membership Interest in Real Estate Company
Price: $1,300,000.00
Other Item Info
Item #: ganbke_1098207
Created: 01/02/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Mon. Jan 28, 2019
Created: 01/02/2019
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: Mon. Jan 28, 2019
Seller Info
John C. Pennington
Trustee's Attorney
P.O. Box 275
Helen, GA 30545
(706) 878-0033
Trustee's Attorney
P.O. Box 275
Helen, GA 30545
(706) 878-0033
Bankruptcy Info
Description
Online Auction Sale of 99.5% interest in Eden Oak Properties, LLC. Eden Oak Properties, LLC owns the land on which the K & M Hardware, Inc. business is located at 6437 Bells Ferry Road, Acworth, Georgia. K & M Hardware, Inc. operates a hardware store known as Bells Ferry Hardware. K & M Hardware, Inc. owns a 1% interest in Eden Oak Properties, LLC. Seller Rhonda Eden owns a 50% interest in K & M Hardware, Inc. and Chris Eden owns a 50% interest in K & M Hardware, Inc.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Auction sale to be conducted online by Morgan beginning at 10:00 a.m. and concluding at 4:00 p.m.
- Bid Amount: $1,300,000
- Bid Increment: $50,000
- Bid Deposit: 10% of the proposed purchase price
- Bid Deadline: January 25, 2019