News for the Hospitality Executive |
Distressed Warner Robins, Georgia
Hotel Accepts Qualified Bids December 12, 2008,
for Public Auction December 19,
2008
.
Atlanta, GA-- Hotel Assets Group,
LLC (�Hotel AG�) announced today it has been engaged to assist in marketing
for auction a troubled 152-room, full-service lodging facility on Watson
Boulevard in Warner Robins, GA.
. The former Holiday Inn hotel will be sold at public auction on December 19, 2008, with the disposition of this sale being absolute and final. A call for all offers has been requested for qualified bidders for Friday, December 12, 2008. Built in 1971, the property to be auctioned is a 75,061+/- gross square foot hotel located along Watson Boulevard, just minutes from the front gates of Robins Air Force Base in a well developed commercial district of Warner Robins. Situated on 5.288+/- acres the hotel consists of three buildings, a 56-seat restaurant (currently not operable), a 26-seat lounge (currently not operable), 3,664 +/- square feet of meeting space, a fitness room and an outdoor seasonal pool. To Bid According to bidding procedures, deadline for
a potential bidder must be made no later than 5 p.m., Eastern time, on
December 12, 2008. After all qualified bids have been received; the Receiver
shall conduct an auction of the hotel to take place at 9 a.m. on December
19, 2008, at the Houston County Courthouse with the Honorable Edward D.
Lukemire presiding. Only Qualified Bidders shall be eligible to participate
at the Auction, which shall be conducted by an open-bidding process. More
information about the property can be obtained by signing a court-ordered
confidentiality agreement (CA) at
About Hotel AG
For more information on the Holiday Inn Warner Robins, GA, please contact: Alex White |