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Silver Lakes Resort in Helendale to be Sold in 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.

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