Bankruptcy Auction Commercial Bldg. & 20 Homes
Commercial Building
3,347+/- SF
Single-Story
Office building built in 1961 on 1.71 acres of land
The property consists of two separate buildings.
Currently occupied by a tenant.
Ample asphalt parking
Good road frontage along Gollihar

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.

U.S. Bankruptcy Court Ordered Auction of 14 Single Family Homes under long term leases located in Houston & Corpus Christi, TX. Houses are currently leased to health care companies which provide room and board for adult care. The auction also includes a tenant occupied commercial office building operating as a community center in Corpus Christi along with 6 vacant houses which are all in need of repairs.


PROPERTIES OFFERED IN THIS AUCTION:

Offering TAA2427A: 3BD/2BA Single Family Home
Auction closes at 1:00pm ET on Monday, September 16th
www.tranzon.com/TAA2427A

Offering TAA2427B: 3BD/2BA Single Family Home
Auction closes at 12:00pm ET on Monday, September 16th
www.tranzon.com/TAA2427B

Offering TAA2427C: 3BD/2BA Single Family Home
Auction closes at 2:00pm ET on Monday, September 16th
www.tranzon.com/TAA2427C

Offering TAA2427D: 3BD/2BA Single Family Home
Auction closes at 3:00pm ET on Monday, September 16th
www.tranzon.com/TAA2427D

Offering TAA2427E: 3BD/2BA Single Family Home
Auction closes at 4:00pm ET on Monday, September 16th
www.tranzon.com/TAA2427E

Offering TAA2427F: 3BD/2BA Single Family Home
Auction closes at 12:00pm ET on Tuesday, September 17th
www.tranzon.com/TAA2427F

Offering TAA2427G: 4BD/2BA Single Family Home
Auction closes at 1:00pm ET on Tuesday, September 17th
www.tranzon.com/TAA2427G

Offering TAA2427H: 3BD/2BA Single Family Home
Auction closes at 2:00pm ET on Tuesday, September 17th
www.tranzon.com/TAA2427H

Offering TAA2427I: 4BD/2BA Single Family Home
Auction closes at 3:00pm ET on Tuesday, September 17th
www.tranzon.com/TAA2427I

Offering TAA2427J: 4BD/2BA Single Family Home
Auction closes at 4:00pm ET on Tuesday, September 17th
www.tranzon.com/TAA2427J

Offering TAA2427K: 3BD/2BA Single Family Home
Auction closes at 12:00pm ET on Wednesday, September 18th
www.tranzon.com/TAA2427K

Offering TAA2427L: 3BD/2BA Single Family Home
Auction closes at 1:00pm ET on Wednesday, September 18th
www.tranzon.com/TAA2427L

Offering TAA2427M: 3BD/2BA Single Family Home
Auction closes at 2:00pm ET on Wednesday, September 18th
www.tranzon.com/TAA2427M

Offering TAA2427N: 4BD/2BA Single Family Home
Auction closes at 3:00pm ET on Wednesday, September 18th
www.tranzon.com/TAA2427N

Offering TAA2427O: 3BD/2BA Single Family Home
Auction closes at 4:00pm ET on Wednesday, September 18th
www.tranzon.com/TAA2427O

Offering TAA2427P: 4BD/2BA Single Family Home
Auction closes at 5:00pm ET on Wednesday, September 18th
www.tranzon.com/TAA2427P

Offering TAA2427Q: 4BD/2BA Single Family Home
Auction closes at 12:00pm ET on Thursday, September 19th
www.tranzon.com/TAA2427Q

Offering TAA2427R: 4BD/2BA Single Family Home
Auction closes at 1:00pm ET on Thursday, September 19th
www.tranzon.com/TAA2427R

Offering TAA2427S: 3BD/2BA Single Family Home
Auction closes at 2:00pm ET on Thursday, September 19th
www.tranzon.com/TAA2427S

Offering TAA2427T: 3,347+/-SF Office Building
Auction closes at 3:00pm ET on Thursday, September 19th
www.tranzon.com/TAA2427T

Offering TAA2427U: 3BD/2BA Single Family Home
Auction closes at 4:00pm ET on Thursday, September 19th
www.tranzon.com/TAA2427U

Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #24-31454

Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
No Buyers Premium and other terms apply
Online bidding ends September 16 thru 19
Inspection: September 9 thru 11
Property Address: 4141 Gollihar Drive, Corpus Christi, Texas 78414
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com

Bankruptcy Auction – 4-Story Office Building –
59,625+/- SF Net Rentable Area

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.

4-Story Office Building w/ 59,625 SF of Net Rentable Area on high visibility SW corner lot of Westheimer and Synott.

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

Land Area Gross: .1.5817 AC’s or 68,898 SF +|- of land
59,625 SF of Net Rentable Area
4-Story Office Building built in 1984
Great visibility on the corner of Westheimer Rd and Synott Rd
High Traffic Count with approx. 67,000 cars per day
Tenant Mix with tremendous upside for new owners
Covered parking garage and street level parking
No Zoning
48% Occupancy w/ great ground floor leasable space

IMPORTANT NOTICE REGARDING LEASES, RENT, DEPOSITS & TAXES
All tenant leases are considered executory contracts in the bankruptcy and at the time the bankruptcy case converted from a Chapter 11 to a Chapter 7, the Bankruptcy Trustee (“Trustee”) rejected ALL leases and is not in a position to legally assign the existing leases to the buyer. Therefore, Tenants are to be considered tenants at sufferance and new leases will need to be negotiated
The Trustee is not legally able to transfer any tenant at sufferance security deposits to the buyer
The Trustee may enter into a lease agreement with a new tenant post-bankruptcy petition and those leases and security deposits will be valid and transferable to the buyer
2024 Ad Valorem Taxes will NOT be prorated at closing, but will be the responsibility of the buyer when due and payable
All prior year outstanding taxes and liens will be paid by the seller at closing
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #23-34448

Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
5% Buyers Premium and other terms apply
Online bidding ends August 27th at 11:00am CT
Inspection: August 22nd at 12:00pm CT
Property Address: 13111 Westheimer Road, Houston, Texas 77077
Contact Kelly Toney at 888-791-7307 ext. 808 or ktoney@tranzon.com