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347 Unit Apartment Complex in North Carolina
Listing Information
Attachments
347 Unit Apartment Complex in North Carolina
Price: $7,500,000.00
Other Item Info
Item #: ncmbke_216056
Created: 01/22/2021
Category: Real Property > Commercial > Multi-tenant Residential Property
Sale Location: WinstonSalem, North Carolina
Sale Date: Fri. Mar 12, 2021
Created: 01/22/2021
Category: Real Property > Commercial > Multi-tenant Residential Property
Sale Location: WinstonSalem, North Carolina
Sale Date: Fri. Mar 12, 2021
Seller Info
Ashley S. Rusher
Trustee
Suite 500110 S. Stratford Rd. P. O. Drawer 25008
Winston-Salem, NC 27114-5008
336-293-9000
Trustee
Suite 500110 S. Stratford Rd. P. O. Drawer 25008
Winston-Salem, NC 27114-5008
336-293-9000
Bankruptcy Info
Case #: 6:20-bk-50715
Case Title: The Lakes Edge Group, LLC
Court: North Carolina Middle Bankruptcy Court
Chapter: 11
View Case Docket
Case Title: The Lakes Edge Group, LLC
Court: North Carolina Middle Bankruptcy Court
Chapter: 11
View Case Docket
Real Estate Location
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Winston-Salem, NC,
Description
Sale of 347 unit apartment complex commonly known as Lakeside Villa Apartments located in Winston-Salem, North Carolina. This is a 347 unit property on a great 40 acre land. The property also include vehicles, furniture, fixtures and equipment, and certain books and records.
Features:
- Property Type: Apartment
- No. Units: 347
- Building Size: 222,000 SF
- Lot Size: 40 AC
- Year Built: 1950
Sale Location
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WinstonSalem, NC,
Additional Details
- Auction Time: 10:00 a.m.
- Sale Hearing Held on March 17, 2021, at 3:00 p.m.
- Bid Amount: All Qualified Bids made before the Auction must be in an amount equal to or greater than Three Hundred Thousand and 00/100 Dollars ($300,000.00) in excess of the Stalking Horse Offer.
- Bid Increment: $200,000.00
- Bid Deposit: 3% of the Qualified Bid
- Bid Deadline: March 10, 2021
- Last date to respond: March 16, 2021