Commercial Property -212 S Meridian Ave – Nov. 27 2018-11-13T20:12:51+00:00

Project Description

Auction Property: 212 S Meridian Ave 10 & 13, Valley Center

TUESDAY, NOVEMBER 27, 2018 6 PM

Auction Details

Good investment opportunity in Valley Center! Located across from Lyons Park with some great new city improvements including the new dog park and new library/event center, this mobile home park is in a prime location in Valley Center. Location, Location, Location! The opportunities for this property are there – redevelop or revitalize the existing park! There are currently 12 lots rented pulling in a monthly gross income of $2,270.00, or $27,240.00 annually with minimal expenses. Good cash flow!

 

All lots are on month-to-month with no written leases or deposits on record, therefore no deposit transfer. All December rents to remain with seller. Any new homes added are subject to the zoning restrictions and approval of the City of Valley Center. Buyer to verify any and all important information specific to city zoning requirements.

 

This property is selling As-Is Where-Is, in its present condition and will be accepted by the buyer(s) without any expressed or implied warranties or representations from the seller(s) or their agent(s). It is incumbent upon the buyer(s) to exercise their own due diligence prior to bidding on this property.It is also the responsibility of the prospective buyer(s) to have any and all inspections completed prior to the auction day including, but not limited to, roof, structure, termite, environmental, groundwater, flood designation, presence of lead-based paint and/or lead-based paint hazards, presence of mold or radon gas, electrical, mechanical, plumbing and any other desired inspections, if any. Information given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s) / Auctioneer(s). Announcements made the day of the auction shall take precedence over anything previously stated or printed. Selling to the highest bidder subject to Seller approval.

A 10% Buyers Premium will be added to high bid achieve to achieve full contract price. Taxes to be prorated to closing date. Buyer will accept any and all easements, restrictions, roadways, and right-of-ways of record. Title policy and closing costs shared equally between buyer and seller. $10,000 non-refundable earnest at contract signing to KST. Closing on or before December 27, 2018 at KST. Possession at closing.

Hosted By:

This property is part of a multi-broker, multi-property auction hosted by MBMP Auction.

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Buyer’s Resources

Buyer Information Packet
Broker Registration Form

Please send complete broker registration form to donb@langere.com

Auction Location

Aloft Wichita  3642 N Oliver Ave, Wichita, KS 67220

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