USDA-owned Plaza Towers Apartments: 24-unit apartment complex in Almont, MI.
Garden Style Apartments, Gross building size: 24,936 sf, located at 580 N. Main Street, Almont, Michigan 48003.
ONLINE AUCTION DATE: November 13th – November 15th
Online Bidding Only – Online Bidding Link
DESCRIPTION
Plaza Towers Apartments is a USDA-owned, 24-unit apartment complex in Almont, MI. The apartments will be auctioned with online only bidding starting at 9:00 am EST, Monday, November 13th. Bidding ends Wednesday, November 15th at 11:00 am unless automatically extended by late bidding activity. The apartment complex consists of 3 buildings with 24 units. Bidding will be online only at www.SVNauctions.com. The property will be sold subject to approval by the USDA. THE SALE MUST BE CLOSED ON NOVEMBER 30, 2017.
PROPERTY HIGHLIGHTS
- Auction: Government-Owned Apartment Complex
- Garden Style Apartments
- 3 Buildings, 24 units
- Gross building size: 24,936 sf
- 10 1BR-!BA; 10 2BR-1BA; 4 3BR-1BA
- Bidding Website: SVNauctions.com
- High bid subject to approval by USDA
- Bidding start/end Monday, November 13th at 9:00 am to Wednesday, November 15th at 11:00 am
- SALE MUST CLOSE ON NOVEMBER 30, 2017
- $5,000 bid deposit charged to high bidder, refunded upon receipt of down payment
PHOTOS
AUCTION DOCUMENTS
All property disclosure documents may not be available at this time. Be sure to check back as auction documentation is added frequently.
DUE DILLIGENCE / DISCLOSURE
All property disclosure documents may not be available at this time. Be sure to check back as auction documentation is added frequently.
PROPERTY INSPECTION
Inspection Dates: Friday, October 20th and Saturday November 4th from 11:00 am to 1:00 pm. Contact James VanderVeen 616-262-4354.
TERMS OVERVIEW
- 10% down
- MUST CLOSE ON NOVEMBER 30, 2017.
- Property will be sold “As Is”. No inspection period or inspection contingency. All inspections must be done prior to bidding. Call James Vanderveen 616-262-4354 to schedule inspection.
- A 10% buyer’s premium will be added to the high bid to determine the purchase price.
- A 2% commission based on the high bid is available for registered buyer’s agents.
- Please visit the auction website for additional terms and conditions: https://svnauctions.com/ upcoming-auctions/?propertyId= 263490-sale
Please see additional Terms & Conditions, Auction Purchase & Sale Contract and Addendum documents.
DIRECTIONS
Located on the east side of N. Main Street 3/10 mile north of St. Clair Street. in Almont, MI. Almont is located 6 miles south of I-69 via Van Dyke Rd/Hwy 53, 29 miles northeast of Auburn Hills, MI, 48 miles north of Detroit, MI, and 30 miles east of Flint, MI. Directions via Google Maps
Government-Owned Plaza Towers Apartments