179-Room Hotel

Note: This auction is in the past.

Property Details

MORTGAGEE’S SALE OF REAL ESTATE AT PUBLIC AUCTION

PITTSFIELD, MA - 179 ROOM HOTEL
CURRENTLY OPERATING AS A CROWNE PLAZA

1 WEST STREET – PITTSFIELD, MA
WEDNESDAY – FEB. 22, 2017 @ 11:00 AM

SET ON 3.19± ACRES
DOWNTOWN – ESTABLISHED LOCATION
MULTI-STORY BUILDING

 

The subject property is currently a full-service, 179-room hotel that is franchised as a Crowne Plaza, which is a brand of InterContinental Hotels Group.  The property offers multiple food and beverage outlets; approximately 12,000 square feet of meeting and function space; indoor pool; guest laundry; Wi-Fi; business center; room service; fitness room; and a typical complement of back-of-the-house facilities.

Mortgage Reference:  Berkshire (Middle) Cty Reg. of Deeds Bk 4026, Pg 32; registered with Berkshire (Middle) Cty Reg. Dist. Of Land Court as Doc #35487 on COT #6481

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Auction Date

Wednesday Feb 22 @ 11:00 am

Auction Location

1 West Street
Pittsfield, MA

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Terms of Sale

$100,000.00 deposit via bank treasurer’s check at the time and place of the sale as a non-refundable earnest money deposit towards the purchase price – this check should be made payable to the person registering for the auction. If they are the successful high bidder, they will endorse the check to Hackett Feinberg PC. An additional deposit of $300,000 is required by wire transfer within five (5) calendar days from the date of the public auction. The balance of the purchase price is due within forty (40) calendar days of the date of the public auction. The successful bidder shall be required to sign a Memorandum of Sale at the public auction containing the terms herein and any additional terms set forth in the Memorandum of Sale or announced at the public auction.

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