AUCTION #: 17400
AUCTIONEERS NOTE: Prospective buyers are encouraged to conduct their own due diligence and check the properties out. Each unit is in need of some updating and maintenance. Both parcels are being sold in AS-IS condition. There are currently 5 units being rented. After closing, new contracts will need to be made with the new owners and the tenants. All tenants are aware of the auction and know their tenancy status. These apartments have been income based and were financed by the USDA. Rent is paid by the tenant and a Rural Housing Development voucher. A Restrictive Use Covenant – The Last Existing Tenant applies to buyer. Come prepared to buy!
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