The owners of two motels in Baker City are planning to add two more — including the Sunridge Inn — to their inventory.

Deepak and Kathy Prashar own the Super 8 Motel and Motel 6 (the former Always Welcome Inn) on east Campbell Street. They are in the process of purchasing Knights Inn on Broadway Street, and are planning to purchase the Sunridge upon approval of the U.S. Bankruptcy Court, Kathy Prashar said Wednesday.

Carl Town sought Chapter 11 protection on June 24 after defaulting on a $4.9 million loan to operate the Sunridge.

Lisa Wilson, general manager of the business, said Wednesday that “there has been an offer made and the offer was accepted” to sell the Sunridge Inn complex to Deepak Prashar.

Town and Deepak Prashar signed two agreements for sale of the Sunridge property late last week.

One of the agreements, for the motel and restaurant complex, is for $5,892,000. The other, which Wilson said covers personal property at the motel such as beds, dressers and other items, is for $400,000.

“It will take a few months,” Kathy Prashar said of finalizing the deal through the Bankruptcy Court. “It’s a long process.”

As a result of the bankruptcy filing, Bayview Loan Servicing LLC, a Delaware company, has issued a stay in the foreclosure case “with regard to defendant Townridge Inc. only.”

The stay, should the sale not go through or other issues arise, does not apply to other defendants, including Carl Town and his former wife, Sheila Town Westcott, who took out the $4.9 million loan.

The Sunridge property, Baker City’s largest motel, includes 150 guest rooms, a full-service restaurant and bar.

At a case management conference on July 28, Trish M. Brown, U.S. Bankruptcy Court judge, set Oct. 24 as a deadline for Townridge Inc. to file a disclosure statement and plan of reorganization and meet other requirements.

During a Thursday hearing, Brown agreed to allow Wilson to continue in her position as general manager at this time.

According to court documents, the hearing was continued to Sept. 6 at 11 a.m.

Gail Brehm Geiger, acting U.S. trustee for Region 18, had asked the court to appoint a Chapter 11 trustee to oversee any plans to reorganize or liquidate the business.

See more in the Aug. 12, 2016, issue of the Baker City Herald.