Woodridge Apartments, 32-units in White Cloud, MI.
USDA-owned, 32-unit apartment complex, located at 70 North Lester Street, White Cloud, Michigan 49349.
ONLINE AUCTION DATE: November 13th – November 15th
Online Bidding Only – Online Bidding Link
DESCRIPTION
Woodridge Apartments is a USDA-owned, 32-unit apartment complex in White Cloud, 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 3:00 pm unless automatically extended by late bidding activity. The apartment complex consists of 2 buildings with 32 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. Inspections: Saturday October 21st and Friday, November 3rd from 11:00 am to 1:00 pm. Contact James VanderVeen (616) 262-4354 \ Jimvanderveen45@gmail.com
PROPERTY HIGHLIGHTS
- Auction: Government-Owned Apartment Complex
- Garden Style Apartments
- 2 Buildings, 32 units
- Gross building size: 28,041 sf
- 8 1BR-!BA; 20 2BR-1BA; 2 3BR-1BA; 2 4BR 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 3:00 pm
- SALE MUST CLOSE ON NOVEMBER 30, 2017
- $5,000 bid deposit charged to high bidder, refunded upon receipt of down payment
- 10% down, close on November 30, 2017
- 10% buyers premium, 2% fee based on high bid for registered buyer’s agent
- Sold “As Is” with no inspection or financing contingencies
- Buyer pays all closing costs. Taxes, utilities and rent prorated at closing
- See Auction Website SVNauctions.com for diligence info
- Inspections: Oct 21 and Nov 3 from 11 am to 1 pm
- James Todd VanderVeen MI Broker #6504379214 (616) 262-4354 jimvanderveen45@gmail.com
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: Oct 21 and Nov 3 from 11am to 1pm. 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
Property is located on the east side of N. Lester Street, 1 block north of Pine Hill Street in White Cloud, Michigan. White Cloud is 46 miles north of Grand Rapids, Michigan. Directions via Google Maps
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