Nearly all of the state s municipalities and a handful of state agencies are pleading with the Colorado Supreme Court to reverse a lower court s ruling that eliminated the strict 28-day
Local investors grab foreclosed downtown bank building at auction for $570K
BizSense file)
Antar Abouzaki has a knack for sniffing out deals at auction.
Last Friday, he and a group of investors won the foreclosure auction for the old bank building-turned-nightclub at 1005 E. Main St. with a winning bid of $570,000.
It was the second time the building’s been auctioned in recent years. A pair of West Virginia investors bought it in 2015 for $1.02 million at a bankruptcy-ordered auction, only to default on the property earlier this year.
About 30 people were in attendance at Friday’s auction. Auctioneer Walker Commercial Services kicked off the bidding with a $170,000 bid from an online party. Roughly four minutes later, Abouzaki was announced the winner.
Old downtown bank, nightclub building to be auctioned in foreclosure richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.