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Courtyard/Hotel in North Carolina

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Listing Information

Attachments

Courtyard/Hotel in North Carolina



Price: $19,500,000.00


Other Item Info
Item #: ncwbke_207289
Created: 09/08/2021
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Location: Charlotte, North Carolina
Sale Date: Thu. Oct 21, 2021
Seller Info
Richard S. Wright
Debtor's Attorney
227 W. Trade Street Suite 1800
Charlotte, NC 28202
(704) 944-6564
Bankruptcy Info
Case #: 3:21-bk-30250
Case Title: Sri Vari CRE Development LLC
Court: North Carolina Western Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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8536 Outlets Boulevard
Charlotte, NC,

Description

Sale of Courtyard/Hotel, known as Courtyard by Marriott branded hotel located in Charlotte, North Carolina. The Assets consist of that real estate located at 8536 Outlets Boulevard, Charlotte, North Carolina containing approximately 3.28 acres and all improvements thereon (Parcel ID 19924157) (the “Real Property”); related furniture, fixtures, equipment, and other personal property located at or used in connection with the operation of the Real Property; and contracts, permits, licenses, rights, warranties, and guaranties associated with the operation of the Real Property and related personalty.


Sale Location

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227 West Trade Street, Suite 1100
Charlotte, NC, 28202

Additional Details

  1. Auction Time - 10:00 a.m.
  2. Sale Hearing will be conducted at 9:30 a.m. EST on October 26, 2021
  3. Bid Deadline - not later than 5:00 p.m. EST on October 18, 2021
  4. Bid Deposit - 5% of the purchase price
  5. Bid Amount - Purchase price ($19,500,000.00), plus $495,000.00
  6. Bids in minimum increments of $100,000.00


Other Information

Terms and Conditions:

See attached.


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