Connect with us

All News

Silver Lakes Resort in Helendale to be Sold in Bankruptcy Auction

Published

on

NRC Realty & Capital Advisors has announced the sale of 100% of the timeshare interests in the well-known Silver Lakes, a resort hotel in Helendale, CA through a 363 Bankruptcy Auction.

HELENDALE, Calif. (VVNG.com) — Have you ever dreamed of owning your own resort hotel? Well, now you have a chance when the 62-room Inn at Silver Lakes in the community of Helendale will be sold to the highest bidder during a bankruptcy auction.

Serious buyers will need a minimum bid of $670,000 due by August 7, 2020. The online auction will take place on August 14th.

NRC Realty & Capital Advisors, LLC )NRC) announced today that it has been retained by the Inn at Silver lakes Resort Lodge Owners Association to sell 100% of the timeshare interests.

“This is a great value-add opportunity,” according to David Levy, Vice President of NRC. “The property appraised at $2,00,000 in 2015 and is being sold free and clear of all liens.”

Helendale is in the high desert on historic route 66 and is a community with 2,200 homes and condominiums built around a 27-hole championship golf course about 2 hours north of Los Angeles and San Bernardino. The hotel features two pools, and meeting rooms.

For further information, visit the NRC website at www.nrc.com/1616, or contact David Levy at david.levy@nrc.com. The sale is being conducted in conjunction with licensed California broker NRC Realty & Capital Advisors of California, Inc., Donald Plunkett Managing Broker.

A view of the club house and lake.
A view of the club house and lake.

To follow updates to this article and more, Join our newsgroup on Facebook with over 140,000 members, Like our Facebook page, and Follow us on Instagram and Twitter.

Trending