Former CVG property sold again

New buyer pays $150,000 more than previous one.
Scott Seitz2
May 26, 2014

 

The former Commercial Vehicle Group (CVG) property has been sold again.

Mac Lehrer, Realtor from Hoty Enterprises, recently engineered a new deal for a buyer in the amount of $700,000.

Norwalk Patriot had just purchased the facility on April 10 for $550,000, a deal which Lehrer also handled. The property is located at 55 N. Garfield St.

 

A story about this subject was published recently in the Norwalk Reflector. So you don't miss stories such as this one, you can subscribe to the Norwalk Reflector to receive home delivery and/or the e-paper, which is a complete digital replica of each issue. For more information, call (419) 668-3771 or click HERE.

Comments

swiss family

let me see if I got this right???I am guessing that the property that they are talking about is the old "Sheller Globe" Mayflower" building, and just a month ago, a "Group" of unnamed investors bought the building for$550,000.00.... and just as luck would have it... a little over a month later , BAM someone else buys it, for $150,000.00 more???? man someone has some really good luck... I would almost consider there to be something illegal going on here, only if I compare it to the "insider trading" sentence that Martha Stewart had to go to prison for????I wonder if the Sandusky Register will be more forthcoming with the facts and the names... I applaud anyone for earning money, I even applaud Martha Stewart..but there are somethings that look and smell and seem and feel a little too coincidental to believe.. I think we need to see who is in this mystery group... and exactly what they are up to

Ralph Wiggum

After the first sale I noticed truck trailers parked in the docks. They could've installed new equipment or did repairs to the building that added equity.

CrankyBalls's picture
CrankyBalls

Swiss, where in the world are you getting your conspiracy theory ideas from?

freespeech1

He pulls them out of his ................ oh nevermind

Contango

Re: "something illegal going on here,"

If it was a straw purchase nothing "illegal."

Example: The buying of land for the future construction of Disney World in FL was made by straw buyers.

Had the sellers known that the intended buyer was Disney, the asking price would have increased.

swiss family

no conspiracy theories.... just questions.... and wanting answers...

Sarrak

Swiss - and exactly why are these transactions any of our business?

Cliff Cannon

@ Sarrek : Amen.

swiss family

they are public records, except who makes up the silent board of the members who just made a quick $150,000.00 I would jut like to know who they are???

swiss family

and why are they NOT?????????

earlduck

hey swiss maybe its Walter White from breaking bad,glad you're onto these people

luvblues2

Seems like cheeseman is gossip central for Norwalk.

Contango

A 30% profit in 7 wks? Sweet!

Cliff Cannon

Here's hoping for many happy " returns "

swiss family

and again.. gutless, spineless Cliff is afraid to give an honest opinion... because he might step on someone's toes..... wussy

hit the road jack

I would think people would be glad that someone purchased the property,I am sure they intend on putting a business in there.
I do not care who bought it for how much,I do not even care if this group sells it again for 4 million,I'll be glad when the doors open and a few of the good people in Huron County get a job!

Now The Rest of...

And the big winner, the realtor who gets the commission from both sales. No matter what, it has to be a plus, someone has a plan for the building which should bring jobs to our community, a win, win..

Cliff Cannon

@ Now The Rest of.... : Exactly !

Contango

Reads like Norwalk Patriot was possibly a straw buyer and Hoty Enterprises was the intended purchaser all along.

Now The Rest of...

Hoty did not buy the property, Benedict Firelands Platt LLC which shares the same owners and address with Bellevue Manufacturing in Bellevue, they make auto related devices like oil filters, etc.

KURTje

btw. Said structure is EPA compliant for electro-static coating system. A huge + for mfg. Online & ready.

swiss family

Cliff.. I don't know if you saw it yet or not, but some evil people are attacking your boy, Joe, on another thread... you will find it I am sure.. you had better get over there and do your best butt kissing... it looks like he might need it right now, because they are attacking him pretty bad.... and no one pours it on quite like you can.... go get em.. "tiger"..

Now The Rest of...

cheesey, crawl back under your bridge you little troll...

swiss family

lololololololollollollolloll

luvblues2

What does lololololololollollollolloll mean? I've known since 1995 that lol means "laughing out loud". So, does repeating the "out loud" make it funnier or do you really "out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud,out loud" ?

I'd smack you and give you pills if you lived with me. Maybe even have a psych eval on your head.

swiss family

lololololololololollohahahahahahhahahahahahohohohohohohohohohoho