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Hotel Property and Related Assets in Texas

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Listing Information

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Hotel Property and Related Assets in Texas



Price: $4,100,000.00


Other Item Info
Item #: txwbke_345254
Created: 01/10/2021
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Date: None Set
Seller Info
B. Weldon Ponder
Debtor's Attorney
Building 1, Suite 500
Austin, TX 78759
(512) 342-8222
Bankruptcy Info
Case #: 1:20-bk-10765
Case Title: New York Hospitality, JV
Court: Texas Western Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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4220 South IH-35 Hwy.
Austin, TX, 78745

Description

Sale of hotel property with all improvements thereon, including a 62-room, two-story hotel on the real estate operating under the name Days Inn (the “Hotel”), located in Austin, Texas, and also include all personal property, tangible and intangible, associated with the Hotel. The property has sixty-one of the hotel’s rooms are guest rooms, and one is a former guest room used as a fitness center.


Additional Details

  1. Bid Amount: At least $150,000 greater than that highest and best Qualified Bid
  2. Bid Increment: $5,000
  3. Bid Deposit: $50,000
  4. Last date to respond: 7 days prior to the sale hearing


Other Information

Terms and Conditions:

See Attached.


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