INVESTMENT REAL ESTATE AUCTION

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INVESTMENT REAL ESTATE AUCTION

Mon, November 28, 2016 @ 6:00 PM

THIS AUCTION HAS BEEN POSTPONED. PLEASE WATCH THIS WEBSITE FOR FURTHER INFORMATION!

This auction will consist of three apartment buildings located on separate properties. Take WV Rt 2 south from Moundsville to Roberts Ridge and go approximately 5 miles to Taylors Ridge. Turn right and go ¾ mile to the property located on the right. Watch for Behm’s Auction signs.

After several successful years, the owner has decided to sell. The properties are well established and looking for someone to step into place and take over. Some are currently rented so a new owner will begin receiving rent income and can explore the opportunities presented before them with an up and running business, “Turn Key” operation.

PROPERTY 1: 4124 Taylors Ridge Road, Proctor.
2 unit building. The units are two bedrooms with full bath, living room, full kitchen and additional storage. There is baseboard electric heat, stove and refrigerator in each unit. Units have separate parking and utilities.
The yearly income is $12,600.00.

PROPERTY 2: 4124 Taylors Ridge Road, Proctor.
4 unit brick building. The units are one bedroom with full bath, living room, full kitchen and additional storage. There is baseboard electric heat, stove and refrigerator in each unit. Each unit also has separate parking and utilities. The yearly income is $20,400.00.

PROPERTY 3: 40 Liberty Lane.
3 unit building. Each unit has one bedroom, a full bath, living room, full kitchen and additional storage. There is baseboard electric heat, stove and refrigerator in each unit. Each unit also has separate parking and utilities.
The yearly income is $12,600.00.

There has been a steady rental history for all the properties throughout several years. The property owner pays for the water and all other utilities are separate for each unit and paid by the tenant.

THIS AUCTION HAS BEEN POSTPONED. PLEASE WATCH THIS WEBSITE FOR FURTHER INFORMATION!

For complete list of pictures, click on the button:

Terms: 10% down day of the auction and balance due at closing. Properties will be offered separately and together in order to determine the best opportunity for the buyer to combine any and all properties. A 10% buyer’s premium will be added to the sale price to determine the final bid price. The properties sell with confirmation of bid price. Announcements day of sale take precedence over printed material. Broker participation is welcome and a separate opening bid premium will be offered to brokers. Additional terms and information announced the day of the auction. Brokers must contact Behm’s Auction and Real Estate for more information.

BEHM’S AUCTION & REAL ESTATE SERVICES

The auction specialists for over 75 years
Auctioneers of Real Estate, Estates & Personal Property

Jim Behm, Broker, Auctioneer, CAI, CES (304) 845-2666 or (724) 428-3664 WV Lic 942

Details

Date:
Mon, November 28, 2016
Time:
6:00 PM

Organizer

Behm’s Auction

Venue

Proctor Real Estate
4124 Taylors Ridge Road
Proctor, WV 26055 United States
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