Bankruptcy Sale: MB Marshall Real Estate Portfolio

Bankruptcy Auction:
Bid Deadline: June 28 at 4pm EST
Auction: July 9, 2024 at 10am EST for qualified bidders

Subject to Bankruptcy Court Approval

Keen-Summit Capital Partners LLC has been retained by Fred Stevens, as Chapter 11 Trustee, for M. Burton Marshall (New York Northern Bankruptcy Court Case# 23-60263-PGR) in relation to the disposition of the real estate portfolio of 100+ properties near Colgate University. 

The portfolio consists of residential properties (single family, multi-family & apartment), vacant land, warehouse, self-storage and office buildings. These properties are located in Hamilton (65), Madison (19), Earlville (17), Eaton (5), Morrisville (2) and Lebanon (1).

VIRTUAL DATAROOM – Additional details are available in a virtual dataroom. MBMarshall-RealEstateSale.com

Residential Rent Roll Summary:

  • 88 Properties, 219 Units Total, 92.7% Occupied
    • Single Family Residence: 26
      • Building Size: 597 to 4,648 SF, Average 1,437 SF
      • Land Size: 0.07 to 2.48 Acres, Average 0.56 Acres
    • 2 Family Residence: 29
      • Building Size: 1,440 to 3,088 SF, Average 2,271 SF
      • Land Size: 0.12 to 2.73 Acres, Average 0.47 Acres
    • 3 Family Residence: 10
      • Building Size: 1,224 to 4,156 SF, Average 2,865 SF
      • Land Size: 0.11 to 1.6 Acres, Average 0.47 Acres
    • Apartment Building: 14
      • Building Size: 2,412 to 9,712 SF, Average 4,537 SF
      • Land Size: 0.31 to 5.14 Acres, Average 1.10 Acres

Portfolio Summary:

Site Property Class#
210 – 1 Family Res27
220 – 2 Family Res29
230 – 3 Family Res10
280 – Res Multiple2
283 – Res w/Comuse2
311 – Res vac land5
312 – Vac w/imprv1
314 – Rural Vac < 1010
323 – Vacant Rural 1
411 – Apartment14
442 – MiniWhseSelfSto1
449 – Other Storage2
464 – Office bldg1
481 – Att row bldg2
482 – Det row bldg1
483 – Converted Res1
484 – 1 use sm bld1
GRAND TOTAL109

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Keen-Summit Contacts:

 

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