Description
UCC Foreclosure Auction Sale! Assets being foreclosed on are 100% of the Membership Interests in an LLC that owns 100% of 5901 West Side Ave., North Bergen NJ. 5901 West Side Ave. is a +/-300,000 SF Class B Office Building, located wtihin an Urban Enterprise Zone. Features a 5-story atrium lobby, fitness center, conference/training center, covered parking, and cafe with seating for 280 people.
Auction Date TBD
Documents
Auction Information
Property Information
- LLC Documentation *
- P&L *
- Marketing Brochure for underlying Real Estate *
- Rent Roll *
- Compar Income Statement
- 12 Month Income Statement *
- UCC Search Results *
- Related Letters *
- $21M Collateral Assig. of Mgt Agt *
- $21M Prom Note *
- $21M Pledge and Security Agt *
- $21M Mortgage *
- $21 M Loan Modification Agt *
- $21M Guaranty *
- $21M Agreement to subordinate *
* Requires confirmation of Online Agreement
Terms & Conditions
- Buyers Premium:
NA
- Closing:
30-days
- Deposit Amount:
$100,000 to qualify to participate at auction, to be increased to 25% of purchase price after auction.
- Broker Co-op:
NA
Inspection
NA
Auction Information
Property Information
- LLC Documentation *
- P&L *
- Marketing Brochure for underlying Real Estate *
- Rent Roll *
- Compar Income Statement
- 12 Month Income Statement *
- UCC Search Results *
- Related Letters *
- $21M Collateral Assig. of Mgt Agt *
- $21M Prom Note *
- $21M Pledge and Security Agt *
- $21M Mortgage *
- $21 M Loan Modification Agt *
- $21M Guaranty *
- $21M Agreement to subordinate *
* Requires confirmation of Online Agreement
- Buyers Premium:
NA
- Closing:
30-days
- Deposit Amount:
$100,000 to qualify to participate at auction, to be increased to 25% of purchase price after auction.
- Broker Co-op:
NA
NA