Ledgemont Elementary School Real Estate Auction- 30.06 +/- acres

PUBLIC AUCTION - Saturday May 15th @ 10:35 am - LEDGEMONT ELEMENTARY SCHOOL - 16200 Burrows Road Thompson, Ohio 44086. Parcel Number - 30-702700. Property consist of 36.04 +/- acres, total building square footage - 48,050, Year Built - 1981, two story brick building, 28 class rooms, 1 gymnasium one with a stage, cafeteria, 2 locker rooms, 6 rest rooms, elevator, media room, Makerspace, cafeteria kitchen, full playground, teachers' lounge, clinic, (4) offices in main office and conference room, (2) MACH C-1500 hot water natural gas boilers, BTU/ Hour - 1,500,000, size - 4' 6" x 30", Univent horizontal heaters, (2)Trane Torrivent, (1)Trane Climate Changer, 2019 Kinetico CP216s water softener with 500 lbs. salt capacity, Water storage tank capacity - 2,000, Electrical Service - 277 / 480 with drop down transformer to 110 / 240, 2019 Daikin AC mini split (model - RKB12AXVJU) for the computer server room / teachers' lounge, elevator, Trane Mini Split (model - 4TXK8536A10N0CA) for Makers Space, Parking spaces - 106, Handicap parking spaces - 2, Commercial Septic System- New sand for filters in 2015. LEDGEMONT ATHLETIC FIELDS - Athletic Field with cinder track, Outbuilding (Concession Building) 21' x 31' with electrical power, ticket booth, press box, athletic field is fenced in, water well, (3) baseball / softball fields with dugouts, small outbuilding for baseball / softball storage, track & field outdoor throwing platforms with enclosure. MECHANICS GARAGE with locker rooms, 64' x 72' overall dimension (Garage - 40' x 72', locker rooms - 24' x 72'), (3) overhead doors (12 x 12) with openers, one set of garage doors have drive-through capabilities, Electrical Service - 277 / 480 with drop down transformer to 110 / 240, (2) locker rooms with toilets and showers. TERMS & CONDITIONS: The auction will take place at Ledgemont Elementary School located at 16200 Burrows Road Thompson, Ohio 44086 . The Properties will be offered as an entirety. All prospective bidders must register to bid to receive a bidder's packet. A 10% Buyers Premium will be added to the final bid price to constitute the final selling price. If you are the high bidder you must put a $10,000 non-refundable deposit. All deposits go towards your down payment. You must close on the property on or before 45 days from the date of Berkshire Board of Education Acceptance. The successful high bidder will be required to sign the Real Estate Purchase Agreement immediately upon conclusion of the bidding along with a lease agreement provided by the Berkshire Board of Education. The Buyer will be responsible for all the closing cost and survey (if needed). Properties will be selling "As Is Where Is" and Buyer shall rely entirely on their own judgement and personal inspection of property and property records. All and any other terms and conditions that are announced the day of auction will take precedence over all printed material. Berkshire Board of Education will lease the properties from the new buyers until June 30, 2022. Buyer will take full physical possession on June 30, 2022.