VT
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Vermont's largest bankruptcy auction takes place in spring at the base of Mount Killington Ski Resort.
- Property LocationVarious Locations
Killington & Rutland Town, VT 05751
- Property Type
Commercial Real Estate Multi-Use Property
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TX
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The properties were advertised nationally, which resulted in 460 individuals inquiring about the properties. Sixty-seven bids were received and most of the bidders lived near the properties that they purchased.
- Property LocationApproximately 10 various locations
in 7 states
Various, TX various
- Property Type
Commercial Real Estate Retail
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TN
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127 Room Interior Corridor Hotel with separate restaurant on 2.1 Acres
Premier Location with two Interstates located nearby & Memphis International Airport
Property was outdated and had some locational obsolescence due to access and concrete/cement plant adjacent
Moderate-high crime area – drug dealing, burglery & prostitution
Occupancy Rate at time of Sale – 35% to 40% max
- Property Location2979 & 2945 Millbranch Road
Memphis, TN 38116
- Property Type
Commercial Real Estate Lodging/Resorts
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KY
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312,000sf Logistics & Distribution Center with expansion capacity on 40+ Acres
Grade B location, in industrial park of small (10,000 population) town in foothills of Appalachian Mountains. Low volume east/west interstate nearby with no airport, port or other support facility for this type property.
Property was in good condition with all modern facilities as expected for asset type.
Remediated environmental conditions – fuel seepage from onsite refueling station.
Occupancy Rate at time of Sale – 0% - asset had also been for lease during marketing periods
- Property LocationFormer Heilig Meyers Warehouse
301 Flint Drive
Mt. Sterling, KY 40353
- Property Type
Commercial Real Estate Industrial/Warehouse
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TN
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Four Office structures: a) 271,000sf Office Complex, b) Underground Communications Bunker, c) 14,000sf Recreation/Gym Center d) outparcel w/Net Land Lease. Total campus land area approximately 35 Acres.
Former International Operation Center for Federal Express Corporation (FedEx)
Location was a C grade with above average crime concerns, shifted demographics and marketplace competition having over a 6 year supply of single tenant office space available. Property was close to Memphis International Airport, but specific neighborhood had closed housing projects, shuttered office buildings and seriously downgraded hotel properties in close proximity.
Property Condition was a C grade with considerable functional obsolescence (main office bldg had no sprinkler or suppression system, bunker had potential environmental situation, parking areas and roof required replacement).
Property had been on the market for over 5 years with 3 separate national brokers. Client had never conducted
- Property Location3760, 3770, 3790 & 3796 Lamar Avenue
Memphis, TN 38118
- Property Type
Commercial Real Estate Office
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