Auction Details

BANKRUPTCY AUCTION - COMMERCIAL REAL ESTATE

EVERGREEN INN

BED & BREAKFAST

3 STORY BED & BREAKFAST, 10 GUEST ROOMS, IN THE POPULAR SHORE TOWN OF SPRING LAKE HEIGHTS

TO BE SOLD W/ ALL CONTENTS, FURNISHINGS, FIXTURES & EQUIP. USED IN THE OPERATION OF THE EVERGREEN INN.

Live On-site Auction

Begins: Fri, Mar 6, 2015 10:00AM

Ends:

Location: 206 Route 71 Spring Lake Heights, 07762

Auction Description

 BANKRUPTCY REAL ESTATE AUCTION

 

BANKRUPTCY CHAPTER 11 DEBTOR IN POSSESSION

 

BUNCE D. ATKINSON, ESQUIRE ATTORNEY FOR THE DEBTOR, CASE #:14-12472, JUDGE MICHAEL B. KAPLAN

 

EVERGREEN INN

BED & BREAKFAST

3 STORY - 5,935 SF, BED & BREAKFAST ON CORNER LOT, 10 GUEST ROOMS, INN KEEPER QUARTERS, DINING ROOMS & BASEMENT

TO BE SOLD W/ ALL CONTENTS, FURNISHINGS, FIXTURES & EQUIP. USED IN THE OPERATION OF THE EVERGREEN INN.

 

 

LIVE ON-SITE AUCTION:

 FRIDAY MARCH 6TH, 2015 AT 11:00AM

ON PREMISES: 206 Route 71

Spring Lake Heights, NJ 07762

 

PROPERTY FEATURES: A LARGE 3 STORY, QUAINT, VICTORIAN STYLE, 5,935 SQ. FT. BED & BREAKFAST ON A CORNER LOT ON RT. 71 & OCEAN RD. IN SPRING LAKE HEIGHTS, NEW JERSEY.

EVERGREEN INN HAS A TOTAL OF 10 GUEST ROOMS ALL WITH PRIVATE BATHS. 6 ROOMS HAVE DOUBLE WHIRLPOOLS, AND ALL UNITS HAVE EITHER GAS OR ELECTRIC FIREPLACES.

BUSINESS WEBSITE CAN BE FOUND AT: www.evergreeninn.net

 

FIRST FLOOR HAS 2 SUITES AND ONE ROOM, SECOND FLOOR HAS 5 GUEST ROOMS - 3 HAVE PRIVATE BALCONIES AND THE SECOND FLOOR REAR HAS 2 SUITES. 

SECOND & THIRD FLOORS CONTAINS ROOMY INNKEEPER'S QUARTERS, 2 DINING ROOMS AN OVERSIZED LIVING ROOM, STONE FIREPLACE WITH MASSAGE & POWDER ROOM, LARGE KITCHEN, GAS RANGE & OVEN, ADDITIONAL DOUBLE ELECTRIC OVEN & DISHWASHER, 2 REFRIGERATORS, OVERSIZED PANTRY.

STRUCTURE HAS: BASEMENT & CRAWLSPACE, 3 STORIES W/ BALCONIES, CEDAR SHAKES, SHINGLED ROOF, PAVED LOT FOR 10 CARS, COMES WITH A 12X12 SHED, NEW FIRE ESCAPE IN 2013, AND THE PORCH AWNINGS WERE REPLACED IN 2013

UTILITIES: HEAT IS GAS W/ HOT WATER BASEBOARD AND HAS 4 ZONES, CITY WATER & SEWER, AIR CONDITIONING PROVIDED BY WINDOW UNITS, 3 HOT WATER HEATERS LINKED FOR MORE THAN ADEQUATE SUPPLY, ELECTRICITY IS 200 AMP WITH 2 PANELS, THE INN HAS WIFI & CABLE.

TAXES: 2014 TAXES WERE $12,597

LAND IS 9,775 SQ. FT., BLOCK 20, LOT 9, CORNER LOT ON RT. 71: TAX MAP-SPRING LAKE HEIGHTS.

 

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  FOR GENERAL INFORMATION, BUYER'S CONTRACT 

  AND COMPLETE TERMS & CONDITIONS (when available)

 

  Sale subject to 3% buyer's premium

 

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  Realtor registration forms found under "documents"

   

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