WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Bankruptcy Auction – Former Truck Stop
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Sothern District of Texas
Former Truck Stop which has been closed for over 3 years. The property has approx. 4,225 SF Building but the roof needs to be completely replaced and the building needs to be rewired. All electrical & HVAC has been stripped. The canopy is approx. 5,600 SF and has 6 lanes, however, all of the pumps have been vandalized or removed. The benefits of the property are there is tremendous traffic counts of over 23,00 vehicles/day on a 7-Lane Road. Of further note, MAKE SURE TO REVIEW THE AERIAL PHOTO. The entire property consists of 5 different parcels. We are ONLY selling 2 parcels, and the other 3 parcels are owned by other individuals. Be sure to know exactly the 2 parcels you are bidding on.
DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!
• Land Area Gross: .86 AC’s or 37,476 SF +|- of land.
• Flood Zone Determination: OUT
• Improvements
o 4,225 SF +|-
o 5,600 SF +|- Canopy
o Overall Condition: Fair to Poor
o Foundation Type: Slab
o Exterior Walls: Brick
o Roof Type: Flat
o Interior Finish: Sheetrock
o Interior Ceilings: Suspended
o HVAC System: Missing
o Parking Area Type: Asphalt & Concrete
o Approx. 1 Mile from the Shreveport CBD
o Approx. 1.2 Miles to I-20
o Approx. 230’ Road Frontage on US 71 (Market St N)
Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the
U.S. Bankruptcy Court, the Southern District of Texas, Houston Division, Case No. 23-90147
10% Buyer's Premium and other terms apply.
Online bidding ends April 24th at 2:00 pm ET
Inspection: April 17th at 11:00am CT
Property Address: 1111 Market Street N, Shreveport, LA 71107
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com
