SUBSCRIBE TO NRC NEWS x
The Inn at Silver Lakes
62-Room Resort Hotel
Financing and Stalking Horse Bidder Opportunity
Helendale, CA (Located 2 Hours from L.A. in the High Desert)
|Building Size||37,325 sf +/-|
|Lot Size||1 acre +/-|
|Structure||Two connected, two-story structures. Construction is wood frame and stucco siding on a concrete slab foundation.|
|Fully operational timeshare resort hotel offering a great value-add opportunity. The Inn is in good physical condition and most of the rooms are in service. Features include two pools, a meeting room, commercial and guest laundry facilities, two offices and parking for 65 cars. The Silver Lakes Restaurant (currently undergoing renovation), owned by the Sliver Lakes Association (the Silver Lakes community master association), is connected to the property and provides full-service dining, a bar and banquet room. Property viewing is available upon request. Additional property information is available by logging into the website and registering for the sale below.|
|Bankruptcy Filing Planned|
|NRC Realty & Capital Advisors has been retained Silver Lakes Resort Lodge Interval Owners Association to solicit offers from investors and hotel operators to be the Stalking Horse bidder of the 62-room hotel being sold free and clear of the individual timeshare interests, liens, and back taxes through a planned bankruptcy sale. Buyer may propose a break-up fee and overbid terms. Any sale is subject to court and creditor approval and a Buyers Premium equal to 4% of the purchase price. |
Call David Levy at 312-278-6870 for more information.
|Broker Co-Op 2% on gross purchase price and 1% on financing to properly registered brokers. See Cooperating Broker Registration Form for terms. |
Although information has been obtained from sources deemed reliable, NRC Realty & Capital Advisors, LLC, the Seller, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without expressed or implied warranty of any kind. Lot and building sizes are approximate. Property may be withdrawn at any time without notice. California licensed real estate broker NRC Realty & Capital Advisors of CA Inc, license #01524855.