Clermont Hotel faces foreclosure
Business, Commercial Property, Foreclosures | (0)
From the Atlanta Business Chronicle:
The Clermont Motor Hotel, which houses a strip club famous for its mix of eclectic and ageless performers, is facing foreclosure.
But the real estate agent listing the property as a redevelopment opportunity, said the owner is hopeful to stave off a forced sale from the courthouse steps.
The 85-year-old hotel on Ponce de Leon Avenue is scheduled to be foreclosed on July 7. Gene Kansas, broker and developer for Gene Kansas Developments, said the “owner is working on a deal with the lender and in hopes it will not be foreclosed on.”
The property has been for sale ...
