SOLD – Bankruptcy Auction: Multi-Building Campus – Castle Hayne, NC

Bid Deadline: February 9, 2017
Auction Date: February 14, 2017
Dates Subject to Bankruptcy Court Approval

Immediate Action Required
Stalking Horse Offers Being Considered

Situation Overview

Keen-Summit Capital Partners LLC , has been engaged by Yahweh Center, Inc. as its exclusive real estate broker for this offering. The property will be sold via procedures that have been submitted to the Bankruptcy Court for approval.  The auction process calls for a bid deadline of February 9, 2017 and an auction date of February 14, 2017.

Area Overview

The Property is conveniently located 11 miles north of Wilmington, NC, with immediate access to I-40, I-140, US-17 and US-117. Wilmington is the largest city in southeastern North Carolina and eighth largest in the state. Despite it’s size, Wilmington retains a small town atmosphere and enjoys access to the Cape Fear River delta and coastal southeast North Carolina.

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Campus Highlights

Four main buildings that make up a campus-style living facility for children

Campus Details
Administrative Building: 4,836 sf, 2-story building, built in 2001
Children’s Dormitory – Pink Cottage: 3,252 sf built in 2001
Children’s Dormitory – Blue Cottage: 3,499 sf, built in 2004
Psychiatric residential treatment facility: 5,553 sf, built in 2005
Land Size
13.23 Acres across 2 parcels (11.25 Acres + 1.98 Acres)
Property Features
Professionally designed volleyball court
All buildings wheel chair and ADA accessible
Waterfall garden with pond and cobblestone courtyard and waterfall
Property is completely fenced with security gate at entrance

Yahweh Center, Inc. – Motion to Approve Stalking Horse Bidder

Yahweh Center, Inc. – Motion to Continue Bid Deadline and Auction Dates

Contact

Robert Tramantano
(919) 913-4580

Heather Milazzo
(646) 381-9207