Keen-Summit Capital Partners LLC has been retained by Armaos Property Holdings, LLC and Olympic Hotel Corporation (“Debtor”) as the exclusive real estate advisor to run the sale process for the sale (the “Transaction”) of the Baymont Inn & Suites located at 360 Route 12, Groton, CT
By this offering, you have the opportunity to acquire this centrally located hotel with easy access to I-95 and all that southeast Connecticut has to offer. The sale is an opportunity to take title to the property free & clear of all liens, claims and encumbrances in accordance with the final purchase and sale agreement. The Debtor has filed a sale motion with the Bankruptcy Court and the Bid Deadline is April 23rd and the Auction Date is April 30th. The proposed minimum bid is $4,800,000. The Motion is subject to Court approval.
Since this is a bankruptcy, all brokers need to be paid by their buyers.