Cerner Property Development, Inc. acquired two buildings located at 8844 Hillcrest Road and 8830 Hillcrest Road, Kansas from APT MotoVox Group, Inc. for $5.6 million.
November 17, 2014 at 11:00 pm EST
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Cerner Property Development, Inc. acquired two buildings located at 8844 Hillcrest Road and 8830 Hillcrest Road, Kansas from APT MotoVox Group, Inc. (OTCPK:MTVX) for $5.6 million on November 5, 2014. Concurrently, Cerner also acquired tracts of land totaling 19.80 acres from APT. The proceeds from the sale were used to pay off the existing mortgage and separating from the New Market Tax Credit transaction.
Cerner Property Development, Inc. completed the acquisition of two buildings located at 8844 Hillcrest Road and 8830 Hillcrest Road, Kansas from APT MotoVox Group, Inc. (OTCPK:MTVX) on November 5, 2014.
APT Motovox Group, Inc. operates through its subsidiary, APT Group, Inc., a propulsion technology company that manufactures and distributes transportation, utility and recreational powersport products. APT Group, Inc. offers Motovox, a range of motorsports products. Its products include mini bikes, which include MBX10, MBX11, MBX12 and MBX20; electric bikes, which include MBxXSe; pit/dirt bikes, which include MVX70, MVX110 and MVX250; Go-Karts, which include MGK11, MGK12 and MGK30; scooters, which include MVS10, and generators, which include MGR10. It also offers a range of parts, including MBX10 Mini Bike Parts, MVS10 Stand Up Scooter Parts, MBX11 Mini Bike Parts, MBxXSe Electric Mini Bike Parts, MGK11/12 Parts, MVX70 Pit Bike Parts and Factory Refurbished.
Cerner Property Development, Inc. acquired two buildings located at 8844 Hillcrest Road and 8830 Hillcrest Road, Kansas from APT MotoVox Group, Inc. for $5.6 million.