United States Bankruptcy Auction - Stoneybrook West Golf & Country Club
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United States Bankruptcy Auction - Stoneybrook West Golf & Country Club

The Property will be offered to the highest and best bidder plus the 7% Buyer’s Premium. The Final Bid Price will be subject to the approval of the Bankruptcy Court via a Sale Hearing scheduled for Tuesday, March 16th at 2pm ET. Broker Participation: 3% of the Final Bid Price  

SOLD PRE-AUCTION!

Property Highlights:

  • 152.91± Acre Public Championship Course Designed by World-Renowned Architect Arthur Hills
    • Dramatically rolling fairways are framed by towering berms, deep bunkering, and water touching on fourteen holes
    • Beautiful 8,074± Square Foot Clubhouse with Bar/Restaurant Area, Event Room, Full Commercial Kitchen, Restrooms, Storage, Offices, Pro Shop and 3,256± Square Feet of Covered Carport and Patio Areas
    • Large 4,784± Square Foot Golf Cart Warehouse /Storage Facility adjacent to Clubhouse
    • 8,260± Square Foot Warehouse / Maintenance Building located at the North end of the Course with Storage, Maintenance Area, Shop, Offices and adjacent Storage and Irrigation Buildings
    • Sale includes all Furniture, Fixtures and Equipment
    • Course encompasses the Prestigious Gated Stoneybrook West Subdivision
    • Prime location just West of Orlando within minutes to Disney and Universal Resorts, Downtown Orlando, and Orlando International Airport
    • Close proximity to Major Thoroughfares and Florida Turnpike Access

 

For More Information Please Email - info@fisherauction.com

 

United States Bankruptcy Court

Middle District of Florida-Orlando Division-Chapter 11

Jason A. Burgess, Subchapter V Trustee

RE: Legends Golf Orlando, LLC-Debtor, Case No. 6:20-bk-04460-LVV

This is a Contract entered into by and between the Bidder (“Bidder”) and Fisher Auction Company,

  1. All registration information the Bidder provides to Fisher Auction Company shall be current, complete, and accurate. Bidder must be 21 years of age or older. Bidder agrees not to use any device, software or routine to interfere or attempt to interfere with the proper working of any transaction being conducted during this Online Auction.
  2. Bidder agrees not to retract its offer(s). The successful Bidder is legally bound to purchase the Property awarded in accordance with his / her bid, the Contract For Sale and Purchase and all other Federal and State Regulations governing contracts for the purchase of real property, including but not limited to Federal Bankruptcy Court Order(s) and the Bid Procedures attached as Exhibit “B” to the Contract for Sale and Purchase. Unilateral conditions asserted by any Bidder will not be accepted. There will be a 7% Buyer’s Premium which the Purchaser must pay at Closing, in addition to the Purchase Price.
  3. Fisher Auction Company and the Subchapter V Trustee reserve the right, for any reason, in their sole discretion, to terminate, change or suspend any aspect of this Online Auction.
  4. Disputes Between Bidders - If a dispute arises between two or more Bidders, Fisher Auction Company and the Subchapter V Trustee reserve the right to reopen the bidding. The Subchapter V Trustee reserves the right to determine whether to accept the highest and best bid from the Auction. The Subchapter V Trustee’s designation of the successful Bidder shall be final with the sale subject to Federal Bankruptcy Court Approval.
  5. Termination: This Contract constitutes a binding agreement between Bidder and Fisher Auction Company until terminated by Fisher Auction Company, which Fisher Auction Company may do at any time, without notice, in Fisher Auction Company’s sole discretion. If Bidder dissatisfaction occurs with this Online Auction in any way, Bidder’s only recourse is to immediately discontinue use of this Online Auction. Fisher Auction Company reserves the right to terminate Bidder registration and use of this Online Auction and impose limits on certain features of this Online Auction or restrict Bidder access to, or use of, part or the entire Online Auction without notice or penalty.
  6. Hold Harmless – Fisher Auction Company cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means, therefore they cannot guarantee continual, uninterrupted or error free service as the website could be interfered with by means out of Fisher Auction Company’s control. Bidder acknowledges that this Online Auction is conducted electronically and relies on hardware and software that may malfunction without warning. Fisher Auction Company may void any sale, temporarily suspend bidding, extend bidding times and/or re-sell the Property that was affected by any malfunction. The decision of Fisher Auction Company is final.
  7. Required Escrow Deposit – In order to be fully and properly registered for this Online Auction, Bidders must wire into Bernard & Schemer P.A.’s Real Estate IOTA Account (the “Escrow Agent”), a $100,000 initial escrow deposit no later than 5PM Eastern Time on Wednesday, March 10, 2021, as well as submit the required forms referenced with the Instructions for Bidder Qualification Package. All wired deposits must be verified by Fisher Auction Company.
  8. Property Inspection: The Bidder is invited, urged and cautioned to inspect the Property prior to submitting any bid. Failure to inspect the Property shall not constitute cause for cancellation of sale.
  9. OFFICE OF FOREIGN ASSETS CONTROL (OFAC) COMPLIANCE: All bidders are subject to providing appropriate government identification that includes full legal name and date of birth. In addition, all bidders are subject to being required to disclose their place of birth. By providing this information bidders agree to allow Seller to perform a search of the Specially Designated Nationals List, Blocked Persons List and Sanctioned Country List provided by the United States Office of Foreign Assets Control. Seller reserves the right to reject any bidder from registration after this search has been completed. By registering all bidders agree to abide by all of the Terms of Sale.
  10. The Bidder agrees that, should they be the successful Bidder on the Property, all information regarding the transaction may be published on Fisher Auction Company’s web site per the Electronic Freedom of Information Act Amendments of 1996 (5 U.S.C. 522(2000).


I hereby acknowledge and accept the above terms of this Online Bidding Contract and agree to comply with same.