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LAS VEGAS PUBLIC AUCTION RESULTS / DISTRESSES LAS VEGAS MULTI FAMILY APARTMENT COMPLEX


RESULTS OF LAS VEGAS MULTI FAMILY PUBLIC AUCTION
FOR TIME PERIOD 8.10 - 7.11


RANCHO CIMARRON APARTMENTS

 

*SOLD AT PUBLIC AUCTION 7.18.11 FOR:

$ 10 050 000 OR $ 43 750 per door

 

TRUSTEE SALE SCHEDULED 7.7.11

NOD FILED 2.17.11

 

240 UNITS

11.76 acres
207 392 square feet

built 2000
bought 3.2004 for $ 17 015 000

Google Mapshttp://www.bing.com/

 

 

 

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ATRIUM SUITES HOTEL
* SOLD 7.14.11 FOR $ 2 000 000 OR $ 9 900 PER DOOR
BENEFICIARY WAS FORECLOSING ENTITY
TRUSTEE DEED SALE - 7.14.2011
* trustee Fidelity National Title pH 702 877 3003



202 UNITS
3.75 ACRES
ZONING 3-10 COMMERCIAL HOTEL RESORT

169 638 SQUARE FEET
BUILT 1989
BOUGHT 9.2007 FOR $ 50 500 000



SUPERB ACCOMMODATIONS Designed for pure comfort, our rooms and suites have all the amenities you would expect from a first class hotel such as wet bar, two televisions and telephones with voice mail, Wireless Internet and data ports. Restaurant on Property Room Service EXCELLENT LOCATION The Atrium Suites Hotel is located within two miles of McCarran International airport, one mile from the famous Las Vegas “Strip” and one half mile from Thomas and Mack Pavilion and UNLV. In addition, we are within walking distance to the Hard Rock Cafe & Hotel and Casino and a variety of fine dining restaurants. Room Service Shuttle Service to and from the Strip and Airport.

 

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LAS VEGAS EQUITIES APARTMENTS
FORECLOSING ENTITIY WAS HIGHEST BIDDER AT PUBLIC
AUCTION AND RETAINED PROPERTY FOR $ 815 004
OR $ 10 867 PER DOOR
TRUSTEE SALE 7.7.11
75 UNITS
.48 ACRES

20 542 SQUARE FEET
BUILT 1978
LOAN $ 3 225 000
BOUGHT IN 8.2005 FOR $ 4 300 000

 

 

 

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CRV CLASSIC APARTMENTS
TRUSTEE DEED SALE DATE - 5.23.11
* LENDER WAS HIGHEST BIDDER AT PUBLIC AUCTION
AND RETAINED PROPERTY FOR BID PRICE OF
$ 100 000 ( $ 10 000 per door )
ESTIMATED BID $ 369 063
10 UNITS
.15 ACRES
SQUARE FEET 5400
BUILT 1955
BOUGHT 8.09 FOR $ 400 000
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TRUSTEE SALE DATE 5.31.11

* PROPERTY SOLD AT PUBLIC AUCTION FOR
HIGHEST BID OF $ 512 000 ( $ 23 273 per door )
ESTIMATED BID $ 1 400 000

ST LOUIS COURT APARTMENTS - NOD FILED 2.7.2011

22 units
24 849 sq ft

LOT SIZE 24 394 SQ FT

BUILT 1961
BOUGHT FOR $ 1 925 000 10.2007
LOAN $ 1 400 000

 

 

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ANJ APARTMENTS

*SOLD BY CREDIT BID TO BENEFICIARY
( THE FORECLOSING ENTITY )

TRUSTEE DEED SALE 6.10.11

* GRANTEE WAS THE FORECLOSING BENEFICIARY
AND WAS THE HIGHEST BIDDER AT AUCTION
AND BECAME THE PURCHASER FOR $ 1 200 000
BY CREDIT BID - BEING THE BENIFICIARY OF THE DEED
OF TRUST ( $ 150 000 per door )

 

NOS 5.31.11

ESTIMATED BID $ 3 450 000

NOS FILED 5.10.2011

 

8 UNITS
.23 ACRES
BOUGHT 6.2007 $ 5 810 000

LOAN $ 4 140 000

 

 

Google Mapshttp://www.bing.com/
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DELINQUENT REAL PROPERTY TAX AUCTION - APRIL 27TH, 28TH
* located Government Bldg., Commission Chambers
500 S Grand Central Parkway

CLARK STUDIO APARTMENTS

 

PROPERTY TAX LIENS RELEASED
DEED IN LIEU OF FORECLOSURE 3.10.11
NOD FILED 2.3.2011


44 UNITS
14 560 SQ FT
.9 ACRE LOT SIZE
BUILT 1961
BOUGHT 4.2004 FOR $ 1 400 000

LOAN $ 1 000 000

DELINQUENT TAXES DUE $ 92 779

 

CLICK HERE FOR FREQUENTLY ASKED QUESTIONS
REGARDING TAX AUCTION

 

501 S 10th St
Las Vegas, NV 89101

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DESERT ROSE APARTMENTS
* AS OF 7.1.11 NO TRUSTEE DEED SALE - SHOWING
SAME OWNER OF RECORD
NOS 3.7.11
BUILT 1978
BOUGHT 5.2005 FOR $ $ 3 700 000
LOAN $ 2 925 000
29 N 28th St
Las Vegas, NV 89101

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SPECTRUM APARTMENTS

 

TRUSTEED DEED SALE 2.28.11

 

* FORECLOSING ENTITY FANNIE MAE RETAINED
PROPERTY AT PUBLIC AUCTION FOR WINNING
BID OF $ 21 280 722 ( $ 61 151 per door )

NOS 2.7.11

 

click below :

Spectrum Apartments Detail

 

348 units
19.77 ac
built 1991

bought 5/2000 for $ 15 650 000
loan $ 11 700 000

60 N Pecos Rd
Las Vegas, NV 89101

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CITY PLACE APARTMENTS
TRUSTEE DEED SALE 2.8.11
* FANNIE MAY RETAINED THIS PROPERTY AT
PUBLIC AUCTION BEING HIGHEST BIDDER
AT $ 6 541 499 ( $ 29 734 / door )
220 UNITS
8.59 ACRES
201 588 SQUARE FEET
BUILT 1975
BOUGHT 6.2004 FOR $ 10 500 000
Google Mapshttp://www.bing.com/
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SARATOGA PALMS - TRUSTEE SALE 2.22.11
* BENEFICIARY WAS FORECLOSING ENTITY
AND RETAINED PROPERTY AT PUBLIC
AUCTION FOR $ 1 420 005

( $ 25 357 per door )
56 UNITS
2.13 ACRES

BUILT 1992
BOUGHT 11.2004 FOR $ 3 570 000
522 N Lamb Blvd
Las Vegas, NV 89110

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THUNDERBIRD APARTMENTS

* results of Trustee Deed Sale

Property was sold for $ 1 800 000
in partial satisfaction of indebtedness
secured by deed of trust

 

( $ 18 000 per door )

 

 

TRUSTEE DEED SALE 1.11.111

NOS FILED 12.20.10

NOD FILED 9.2010

100 units / 10 ac
NOD filed 9/2010 on $ 2 600 000 loans

bought for $ 3 200 000 4/2002

built 1972
38 010 sq ft

 

land use : 1-50 RESIDENTIAL APARTMENTS

 

2800 Kim Ln
North Las Vegas, NV 89030

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SANDPOINT APARTMENTS - NOD 8.2010

 

TRUSTEE DEED SALE - 1.26.11

results of trustee deed sale :

 

* SOLD TO HIGHEST BIDDER AT
PUBLIC AUCTION FOR $ 1 440 000

( $ 30 000 per door )

* AT DATE OF SALE TOTAL AMOUNT
DUE ON NOTE WAS $ 3 889 551

 

 

48 units / 2.55 ac site
48 720 sq ft
built 2009

NOD filed 8/2010 on loan amount of $ 5 315 000

http://www.bing.com/

2855 S Sandhill Rd
Sunrise Manor, NV 89121

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1102 N Las Vegas Blvd. Apartments

 

TRUSTEE DEED SALE 1.3.11

results of trustee deed sale ( sold for $ 11 875 / door )

 

* Property sold for $ 475 000 in partial
satisfaction of the indebtedness then secured
by said deed of trust

NOD FILED 8.2010

40 UNITS
.61 ACRES
built 1980
11 134 sq ft

bought 9/2005 for $ 1 575 000
loan amount $ 980 000

 

 

1101 N Las Vegas Blvd
Las Vegas, NV 89101


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SAHARA GLEN APARTMENTS
TRUSTEE DEED SALE 1.10.11
* SOLD AT PUBLIC AUCTION FOR $ 5 400 000
( $ 20 149 / door ). POSSIBLY RETAINED
BY LENDING AGENCY - TRANSFER TAX
WAS PAID ON TRANSACTION.
268 UNITS
10.36 ACRES
207 560 SQUARE FEET
BUILT 1996
Google Mapshttp://www.bing.com/
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ENCANTADA APARTMENTS - 156 UNITS

TRUSTEE DEED SALE 12.3.2010

 

* GRANTEE WAS HIGHEST BIDDER AT PUBLIC AUCTION.
CREDIT BID WAS FOR $ 3 700 000 AND FORECLOSING
ENTITIY RETAINED PROPERTY ( $ 23 717 per door )

 

 

 

156 UNITS


BUILT 1986
3.96 ACRE SITE

PRICE 5.2005 $ 7 575 000
LOAN AMOUNT $ 5 000 000

401 N 28th St
Las Vegas, NV 89101

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RCG APARTMENTS

 

NO NOS FILED AS OF 6.30.11

BANKRUPTCY FILED 1.24.11

TRUSTEE DEED SALE 12.22.2010

NOS FILED 11.29.11

NOD 8.2010

264 UNITS
13.59 acres
built 1979

bought 6/2002 $ 8 300 000

loan amount $ 8 329 332

 

98 S Martin L King Blvd
Las Vegas, NV 89106

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Trustee Sale - 12.23.10

 

* FEDERAL HOME MORTGAGE LOAN CORPORATION
BEING THE GRANTEE WAS THE HIGHEST BIDDER AT
PUBLIC AUCTION AND RETAINED THE PROPERTY
FOR BID PRICE OF $ 12 288 702 ( $ 23 796 / door )

 

Lantana Apartment Homes

 

517 units
lot size 13.78 acres
built 1980


Bought 2.07 $ 48 100 00
Loan $ 33 000 000

 

 

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LANTANA APARTMENT HOMES
* FEDERAL HOME LOAN MORTGAGE CORPORATION
( THE BENEFICIARY ) WAS THE FORECLOSING
ENTIRY AND RETAINED THIS PROPERTY
AT THE TRUSTEE DEED SALE.
BID SALES PRICE AT PUBLIC AUCTION $ 18 682 823
( $ 59 881 per door )

NO CHANGE OF OWNERSHIP FROM THE
FORECLOSING ENTITY AS OF 6.25.11
TRUSTEE DEED SALE 12.23.2010
NOS 12.1.10
312 UNITS
13.78 ACRES

BOUGHT IN 2.2007 FOR $ 48 100 000
LOAN $ 33 000 000
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WALNUT GARDENS

NO CHANGE OF OWNERSHIP AS OF 6.25.11

BANKRUPTCY DOC'S FILED 1.24.11

NOS FILED 11.29.10

NOD 8.2010

220 units
8.9 acres
built 1981
144 904 sq ft

bought 10/2003 for $ 2 650 000
loan amount $ 4 300 000

 

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CAMBRIDGE TOWERS

* OWNER SOLD AN UNDIVIDED 5% TENANT
IN COMMON INTEREST IN
PROPERTY 12.14.2010 FOR $ 9 500 000
THEY MUST HAVE RAISED ENOUGH INVESTMENT
CAPITAL TO HOLD OF FORECLOSURE
AND TRUSTEE DEED SALE.
* TRUSTEE DEED SALE WAS NEVER HELD
NOS 8.17.10
NOD 5.14.11
209 UNITS
4.83 acres
267 720 SQUARE FEET
BUILT 1974

BOUGHT 8.2007 FOR $ 18 500 000

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CONTACT TIM ANDERSON FOR COMPLETE FORECLOSURE
LIST :
pH 702 378 3274
email : buy@buylvland,com

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About Timothy Anderson

1. About Timothy My birth place is in the western United States - Sidney Montana. When I was a young child my parents moved back to their home state of Minnesota. I was raised and graduated from high school in Blue Earth Minnesota. I became an accomplished golfer and big game bow hunter. Outdoor recreation has always been a big part of my life. Skiing, golf, camping, hiking and bow hunting have brought me much joy throughout the years. 2. Professional Focus and Areas of Expertise My real estate sales practice includes three geographical regions and states. I am licensed to practice real estate in Idaho , Wyoming and Nevada. My current listings residential, commercial and recreational properties. Included in these listings is commercial interstate exchange acreage and a 90 acre regulation length 9 hole golf course complex. 3. Business Philosophy and Working Style I bring 39 years experience in the construction trades to your real estate buying and selling. SOLID REPUTATION FOR FINDING VALUE IN YOUR REAL ESTATE TRANSACTION !! I have a keen eye for analyzing quality of construction. Finding and marketing value in land is very important to me. I find great satisfaction in seeking out value in a real estate transaction. 4. Qualifications and Training Essentials of Real Estate University of Idaho , Moscow Sales Pre License Module 2 Mind Matters Inc. Real Estate Finance Today Idaho Association of Realtors Continuing Education Commission Core Idaho Association of Realtors Eminent Domain for Real Estate Agents Idaho Association of Realtors Idaho Risk Reduction Idaho Association of Realtors Buyer Representation in Real Estate Idaho Career Institute REPSA Realities Idaho Association of Realtors Commission Core 2008 Idaho Association of Realtors Commercial Real Estate - Understanding Investments Real Estate Resources LLC Commercial Real Estate - Listing Properties Real Estate Resources LLC Property Management and Managing Risk Real Estate Resources LLC Working with Buyers Greater Las Vegas Association of Realtors Agency Relationships and Disclosures Greater Las Vegas Association of Realtors Professional Conduct, Etiquette and Ethics Greater Las Vegas Association of Realtors Managing Your New Career Greater Las Vegas Association of Realtors Property Management and Land Class Greater Las Vegas Association of Realtors Advertising, Fair Housing and Anti-Trust Greater Las Vegas Association of Realtors Financing and Negotiation Class Greater Las Vegas Association of Realtors Tax Basics Greater Las Vegas Association of Realtors Understanding the Escrow, Title and Closing Greater Las Vegas Association of Realtors Process and Proceeds of Sale, Cost of Sale and Closing Sheet Listing Process, Market Analysis Greater Las Vegas Association of Realtors and Inspection BS Accounting University of Wyoming

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