Former heavyweight champion Evander Holyfield continues to face financial woes.
His $10 million masion in suburban Atlanta is under foreclosure for the second time in a year.
A legal notice published last week in the Fayette Daily News revealed the former heavyweight boxing champion is in danger of losing his 109-room Fairburn mansion. The lien holder is demanding full repayment of the original $10 million loan, with an auction scheduled for July 7 on the Fayette County Courthouse steps, reports the AJC.
The 5,000-square-metre home — located on Evander Holyfield Highway — has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley. It's worth an estimated $20 million and costs more than $1 million to maintain each year.
Last June a similar legal notice was published which then lead to a foreclosure notice being issued for the 5,000-square-metre home — located on Evander Holyfield Highway — has 109 rooms, including 17 bathrooms, three kitchens and a bowling alley. However, before the home was auctioned off, he was able to reach a deal to keep the home.
He also has defaulted on a loan for a second home and that's in foreclosure, too.
That home, located at 592 and 596 West Bridge Road, had an original loan amount of $216,000.
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2 comments:
5,000 square meters equals roughly to a 54,000-square-foot estate. That is bigger that the White House. Amazingly large.....no doubt
That is too much house anyway.... DAMN! How much room do you need? People are losing their homes left and right so he could have rented rooms to working class folks..... hell I don't know I'm just talking.
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