NORTHBROOK, Ill., May 2, 2024
/PRNewswire/ -- AW Properties Global and AuctionWorks, its auction
division, announced a unique opportunity for investors to
participate in the UCC Foreclosure sales of two East Coast
properties. These upcoming sales offer a chance to acquire 100%
stock interest in the LLC or corporation holding title to the real
property with exceptional potential upside.
The stock interest in the limited liability company holding
title to Nepa Storage Solutions, LLC offers full equity interest in
a self-storage facility located at 537 Stock Farm Road in
Lake Ariel, PA. The stock
interest in the corporation holding title to Clement Holdings Owner
Inc. offers equity interest in a home in the Hamptons, located at
150 Deerfield Road in Watermill, NY.
"The self-storage industry as a whole, per Forbes, has
demonstrated an impressive return - averaging 21% over the past two
years, making the stock interest in Nepa Storage Solutions LLC an
attractive investment opportunity," said Diana Peterson, CEO of AW Properties Global.
"Additionally, the stock interest in the corporation holding title
to the home in the Hamptons is an unusual investor opportunity with
a credit bid of just $300K."
"What makes both opportunities unique is that the interested
party bids for a 100% stock interest in the LLC or corporation
holding title to real property, versus the real property
itself. As such, we are exclusively marketing for sale the
equity interest in the LLC or corporation that holds title to the
properties," Peterson added.
The sales will be held as follows:
Clement Holdings Owner Inc.
100% Stock Interest in 150
Deerfield Rd, Watermill, NY 11976
Credit Bid: $300,000
Sale Date/Time: May 10, 2024,
10:00 AM CST via Zoom
Interested parties who intend to bid on the above collateral must
contact Secured Party's counsel to receive the Terms of Sale and
bidding instructions. Attention: James P.
Roberts, Esq., at Burr & Forman LLP, 420 20th Street
North, Birmingham, Alabama 35203,
(205.458.5322), jroberts@burr.com.
Nepa Storage Solutions, LLC
100% Stock Interest in 537
Stock Farm Road, Lake Ariel, PA,
18436
Credit Bid: $25,000
Sale Date/Time: June 15, 2024,
10:00 AM CST via Zoom
Interested parties who intend to bid on the above collateral must
contact the Secured Party's legal department to receive the Terms
of Sale and bidding instructions. Attention: Legal Department, 116
Calle Manuel Domenech, San Juan, Puerto
Rico, 00918. (800) 367-4001; legal@spectracapital.com.
For more information about the properties, bidding instructions,
terms of sale, secured party's counsel, visit
auctions.awproperties.com.
About AW Properties Global
AW Properties Global and
AuctionWorks, its auction division and online marketplace, are
headquartered in Northbrook, IL.
The AW Properties Global team is a sophisticated and dynamic group
of seasoned brokerage and auction professionals including
attorneys, MBAs and CPAs who consult with their clients to help
them reduce costs and maximize value across a portfolio or on an
individual asset basis. Committed to client satisfaction and
excellence in real estate consulting, investment sales, brokerage
and auctions, the AW Properties Global team seamlessly merges local
market expertise with extensive global reach. The AW
Properties Global team provides premier commercial and residential
real estate consulting, brokerage and auction services across all
regions, complemented by equipment liquidation services, sales of
going concern businesses and lease restructuring services.
Specializing in dispositions of real estate and real estate with a
business and/or equipment, the AW Properties Global platform
includes investment sales, accelerated sales, online auction sales,
sealed bid sales, bulk/portfolio sales, sale leasebacks, UCC
foreclosure sales and bankruptcy/363 sales. For more information,
visit awproperties.com.
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SOURCE AW Properties Global and AuctionWorks