Muhammad Mosque No. 24 is set to be auctioned on Thursday. Photo by Evelyn Rupert.
A Southside mosque is slipping toward foreclosure for the second time in two years.
The Muhammad Mosque No. 24 building at 104 Cowardin St. is scheduled to go to foreclosure at a courthouse sale this week.
The owner is in default on a $338,000 loan issued on the property by SunTrust in October 2004. The lender first moved to foreclose in 2012, but the mosque receded into bankruptcy that December to stave off the sale.
Muhammad Mosque 24’s bankruptcy filing was then converted from a Chapter 11 to a Chapter 7 last year before it was eventually dismissed in March 2014.
Mosque representatives could not be reached for comment on their plans for the property.
The mosque bought the 80-year-old building at Cowardin and Porter streets from the Richmond Christian Center in 2004 for $400,000.
The Christian Center is also facing foreclosure on its main church building up the street at 314 Cowardin Ave. The church filed bankruptcy earlier this year in an effort to keep the building off the auction block and remains in Chapter 11.
The Muhammad Mosque auction will include the 6,000-square-foot building and its 0.4-acre plot, as well as a small surface parking lot at 1716 Porter St.
The sale is scheduled for 2:15 p.m. on Sept. 18.
Richard Biemiller of law firm Wolcott Rivers Gates is the substitute trustee handling the sale.
Muhammad Mosque No. 24 is set to be auctioned on Thursday. Photo by Evelyn Rupert.
A Southside mosque is slipping toward foreclosure for the second time in two years.
The Muhammad Mosque No. 24 building at 104 Cowardin St. is scheduled to go to foreclosure at a courthouse sale this week.
The owner is in default on a $338,000 loan issued on the property by SunTrust in October 2004. The lender first moved to foreclose in 2012, but the mosque receded into bankruptcy that December to stave off the sale.
Muhammad Mosque 24’s bankruptcy filing was then converted from a Chapter 11 to a Chapter 7 last year before it was eventually dismissed in March 2014.
Mosque representatives could not be reached for comment on their plans for the property.
The mosque bought the 80-year-old building at Cowardin and Porter streets from the Richmond Christian Center in 2004 for $400,000.
The Christian Center is also facing foreclosure on its main church building up the street at 314 Cowardin Ave. The church filed bankruptcy earlier this year in an effort to keep the building off the auction block and remains in Chapter 11.
The Muhammad Mosque auction will include the 6,000-square-foot building and its 0.4-acre plot, as well as a small surface parking lot at 1716 Porter St.
The sale is scheduled for 2:15 p.m. on Sept. 18.
Richard Biemiller of law firm Wolcott Rivers Gates is the substitute trustee handling the sale.