Evander Holyfield continues to face financial woes

Former heavyweight champion Evander Holyfield continues to face financial woes.

His $10 million mansion 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-meter 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-meter 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.

Rob Alley, Realtor of The Avery Group at Roy Wheeler
540-250-3275 (cell)
roballeyrealtor@gmail.com
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