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Bankruptcy Auction – 4-Story Office Building AUCTION
Description:

Bankruptcy Auction – 4-Story Office Building –
59,625+/- SF Net Rentable Area

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.

4-Story Office Building w/ 59,625 SF of Net Rentable Area on high visibility SW corner lot of Westheimer and Synott.

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Land Area Gross: .1.5817 AC’s or 68,898 SF +|- of land
59,625 SF of Net Rentable Area
4-Story Office Building built in 1984
Great visibility on the corner of Westheimer Rd and Synott Rd
High Traffic Count with approx. 67,000 cars per day
Tenant Mix with tremendous upside for new owners
Covered parking garage and street level parking
No Zoning
48% Occupancy w/ great ground floor leasable space

IMPORTANT NOTICE REGARDING LEASES, RENT, DEPOSITS & TAXES
All tenant leases are considered executory contracts in the bankruptcy and at the time the bankruptcy case converted from a Chapter 11 to a Chapter 7, the Bankruptcy Trustee (“Trustee”) rejected ALL leases and is not in a position to legally assign the existing leases to the buyer. Therefore, Tenants are to be considered tenants at sufferance and new leases will need to be negotiated
The Trustee is not legally able to transfer any tenant at sufferance security deposits to the buyer
The Trustee may enter into a lease agreement with a new tenant post-bankruptcy petition and those leases and security deposits will be valid and transferable to the buyer
2024 Ad Valorem Taxes will NOT be prorated at closing, but will be the responsibility of the buyer when due and payable
All prior year outstanding taxes and liens will be paid by the seller at closing
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #23-34448

Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
5% Buyers Premium and other terms apply
Online bidding ends August 27th at 12:00pm CT
Inspection: August 22nd at 12:00pm CT
Property Address: 13111 Westheimer Road, Houston, Texas 77077
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

City:
Houston
State:
Texas
Country:
United States
Email:
Contact Seller
Phone:
8662438243
Photos:
Bankruptcy Auction – Dormitory Style Housing AUCTION
Description:

Bankruptcy Auction – Dormitory Style Housing

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Sothern District of Texas

Multiple Dormitory Style Housing in the Bakken Oil Fields, Williston, North Dakota. Selling 2.36 Acres of land including four 4,144 +|- SF dormitory style buildings. Building Three consists of four apartments (2 on ground floor & 2 on second floor) consisting common living, dining, kitchen, laundry & two bedrooms each with toilet, sink & shower. Note: Ground floor apartments are handicap accessible. Buildings Four, Five & Six consist of two apartments consisting of common living, dining, kitchen, laundry & six bedrooms (2 on ground floor & 4 on second floor). There are ten total apartments and forty-four bedrooms. Average rents range from $2,000 to $3,000 per month/apartment. NOTE: There are two more buildings on the property, owned by RS Bakken One LLC, which are NOT INCLUDED in the auction and will not convey at closing except for the ground lease entered into by tenant, RS Bakken One LLC, and debtor, Mountain Express Oil Company.

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

• Land Area Gross: 2.36 AC’s or 102,802 SF +|- of land
• Flood Zone Determination: OUT
• Building 3
o Built in 2012
o Reinforced Concrete Slab
o Vinyl Exterior Siding
o Composite Shingle Roof
o HVAC: Electric
o Asphalt Parking
o 4,144 SF, 2-Story, Dormitory Style Housing with (4) Apartments each with independent access on the first floor. Each Apartment has a common living, dining, kitchen, laundry and (2) Bedrooms each with toilet, sink and shower. Note: (2) of the apartments are both first floor only and are handicap accessible, while the other (2) apartments are on the second floor. Each apartment also has its own HVAC Closet.
• Building 4
o Built in 2012
o Reinforced Concrete Slab
o Vinyl Exterior Siding
o Composite Shingle Roof
o HVAC: Electric
o Asphalt Parking
o 4,144 SF, 2-Story, Dormitory Style Housing with (2) Apartments each with independent access on the first floor. Each Apartment has a total of (6) Bedrooms, Shower & Sink. The first floor of each apartment consists of a common living, dining, kitchen, laundry and (2) independent bedrooms each with a toilet, sink and shower. The second floor of each apartment consists of (4) independent bedrooms each with a toilet, sink and shower. Each apartment also has its own HVAC Closet.
• Building 5
o Built in 2012
o Reinforced Concrete Slab
o Vinyl Exterior Siding
o Composite Shingle Roof
o HVAC: Electric
o Asphalt Parking
o 4,144 SF, 2-Story, Dormitory Style Housing with (2) Apartments each with independent access on the first floor. Each Apartment has a total of (6) Bedrooms, Shower & Sink. The first floor of each apartment consists of a common living, dining, kitchen, laundry and (2) independent bedrooms each with a toilet, sink and shower. The second floor of each apartment consists of (4) independent bedrooms each with a toilet, sink and shower. Each apartment also has its own HVAC Closet.
• Building 6
o Built in 2012
o Reinforced Concrete Slab
o Vinyl Exterior Siding
o Composite Shingle Roof
o HVAC: Electric
o Asphalt Parking
o 4,144 SF, 2-Story, Dormitory Style Housing with (2) Apartments each with independent access on the first floor. Each Apartment has a total of (6) Bedrooms, Shower & Sink. The first floor of each apartment consists of a common living, dining, kitchen, laundry and (2) independent bedrooms each with a toilet, sink and shower. The second floor of each apartment consists of (4) independent bedrooms each with a toilet, sink and shower. Each apartment also has its own HVAC Closet.

• How many ingress/egress gates are on the property: 2
• Zoning: C Commercial District
• Topography: Generally, Level and at Street Grade
• Utilities:
o Electricity: On Site
o Water/Sewer: Northwest Rural Water/Septic


Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the
U.S. Bankruptcy Court, the Southern District of Texas, Houston Division, Case No. 23-90147
In cooperation with Paramount Real Estate LLC, ND Real Estate Firm #3274,
1407 Tacoma Ave. Bismarck, ND 58504
10% Buyers Premium and other terms apply.
Online bidding ends April 24th at 11:00 am ET
Inspection: April 17th at 11:00am MT
Property Address: 6421 13 Mile Center Road NW, Williston, ND 58801
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

City:
Williston
State:
North Dakota
Country:
United States
Email:
Contact Seller
Phone:
2707690284
Photos:
Real Estate Auction – Dormitory Style Housing
Williston, North Dakota
AUCTION
Real Estate Auction – Dormitory Style Housing Two Dormitory Style Housing Units in the Bakken Oil Fields, Williston, North Dakota. These two buildings are owned by a separate entity from the owner of the land and four housing units. THE LAND & FOUR BUILDINGS DO NOT ...
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