Monday, September 5, 2011

The Coliseum Entertainment Megaplex Real Estate, Secured Creditor’s Note, Equipment and Liquor License is Going to Auction Aug. 26, 2011


CAMP HILL, Penn. -- The Coliseum Indoor Entertainment Megaplex is going to lender-ordered auction Friday, Aug. 26 at 11 a.m. at the Radisson Hotel Harrisburg, 1150 Camp Hill Bypass, Camp Hill, Penn.


[Table Omitted]The real estate and promissory note can be purchased in entirety up to two weeks prior to auction. At auction, the property will be offered in two separate lots of real estate, including 3.032 acres with a 35,000 sq. ft. entertainment complex and a promissory note with a principal balance of $656,256.20; and then as a package. The property will sell whichever way brings the largest purchase price.The seller chose to market the property via auction to actively recruit a new owner because he is not interested in being a long-term landlord. Potential buyers are encouraged to inspect the property during the following times or by private appointment:Tyler Maas, director of sales and marketing for Maas Companies, stated, “This auction offers a unique opportunity for a new owner since the property has an active tenant with an operating business. If the buyer also purchases the promissory note it will create a strong asset base for a high-end entertainment complex.”Members 1st Federal Credit Union in Mechanicsburg, Penn. authorized the auction and Maas Companies Inc, an auction company specializing in selling real estate, industrial plants, equipment and special assets, will conduct the sale.Details of the sale are available at Mass Companies’ website: www.maascompanies.com or by calling (507) 285-1444.

Details of the sale are available at Mass Companies’ website: www.maascompanies.com or by calling (507) 285-1444.




No comments:

Post a Comment