July 13, 2020 Comments Off on High Desert Hotel to be Sold in Bankruptcy Auction Views: 639 California News, Inland Empire

High Desert Hotel to be Sold in Bankruptcy Auction

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The Inn at Silver Lakes Resort Lodge Owners Association engaged NRC Realty & Capital Advisors, LLC to sell 100% of the timeshare interests in the well-known 62-room Inn at Silver Lakes, a resort hotel in Helendale, CA. The property will be sold through a 363 Bankruptcy Auction with qualifying bids due August 7 and an online auction on August 14 with a minimum bid of $670,000.

Helendale is in the High Desert on historic route 66 and is a community with 2,200 homes and condominiums built around a 27-hole championship golf course a couple of hours north of Los Angeles and San Bernardino. The hotel features two pools, and meeting rooms. It is currently closed due to COVID-19; however, interested parties may tour the property by appointment.

“This is a great value-add opportunity,” according to David Levy, VP of NRC. “The property appraised at $2,00,000 in 2015 and is being sold free and clear of all liens.”

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