Bankruptcy Portfolio – Columbus Ohio Range Priced

Gryphon Realty Advisors, Central Ohio's Leader in Asset Management and Recovery, is pleased to announce that they have been retained to list and manage 42 single family homes in the greater Columbus Ohio marketplace from an Arizona bankruptcy case. 

The portfolio can be purchased in its entirety, in smaller blocks or individually.  Prices start as low as $116,000 to $124,000 for an individual asset and the Trustee will consider a range of $5,769,000 to $6,219,000 for the entire portfolio with the higher amount being a full price offer.

Vacant properties are on lockbox and can be viewed any time.  Curb offers on occupied properties are preferred so not to disturb tenants in advance of coming to agreement.

All offers are subject to Bankruptcy Court approval and should be presented with evidence of financial ability.

Click here to view a list of all properties.

Please call Richard Kruse at 614-774-4118 with any questions.  Viewings may be scheduled starting Saturday, September 8, 2007.

 

3 Comments on Bankruptcy Portfolio – Columbus Ohio Range Priced

Great listing Rich!! I like the Range Pricing. Good job. Sure would be nice to sell the package at once. How's the cash flow? I know investors, you know investors. Is it worth looking into?

09/05/2007 04:39 PM by Bryant Tutas-Tutas Towne Realty, Inc

Cash flow is ok.  These are great buy and hold properties.  Some are going to go to consumers just because of the price point.  Bring up your investors.  They will probably like what we can do.

09/05/2007 06:34 PM by Rich Kruse (Gryphon USA, Ltd.)

You know those BK receivers deal exclusively with OPM so they can and do use the best available!

I could draw some conclusions, but your head might swell.

Well done.

Bill

09/06/2007 03:09 PM by William J Archambault Jr (The Real Estate Investment Institute )

Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Rich Kruse (Gryphon USA, Ltd.)
Rich Kruse
Columbus, OH
More about me…
Gryphon USA, Ltd.

Office Phone: (614) 885-0020 Ext.: 17
Cell Phone: (614) 885-0020
Email Me
A lighthearted yet informative look at the real estate and asset sale professions. Gryphon services clients sale and management problems with creative and sometimes extremely aggressive solutions. Primarily a servicer for sellers, Gryphon's professional do also assist investor/ developer buyers with acquisition transactions where the company sometiems participates as a principal.

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find OH real estate agents and Columbus real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved