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Ownership Interest in Real Estate Investment Company
Listing Information
Attachments
Ownership Interest in Real Estate Investment Company
Price: $35,000.00
Other Item Info
Item #: nmbke_165895
Created: 02/10/2021
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Created: 02/10/2021
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Date: None Set
Seller Info
Daniel White
Trustee's Attorney
1122 Central Ave SW Ste. 1
Albuquerque, NM 87102
505-433-3097
Trustee's Attorney
1122 Central Ave SW Ste. 1
Albuquerque, NM 87102
505-433-3097
Bankruptcy Info
Description
Sale of the estate’s approximately 16.67% interest in Manhattan Apartment Partnership, LP (“Manhattan”). Manhattan is a single asset real estate investment entity which operates an apartment building at 5064 NM-152 Scenic, Bayard, NM, 88023. The complex has 29 units, and is generally in dilapidated condition and in need of repair. As of December 2020, seven units were not rentable, and four of those seven were in the process of being renovated. Two additional units were empty. Rents on the units range from $310 per month to $571 per month.
Financial Overview
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