Auction Tuesday March 7th starts closing at 7:00 PM Online Only
***AUCTION***Price of $322,200 Reflects the County Appraised Value ONLY Not the Reserve or List Price. This property is being sold at auction, do not make offers to purchase prior to the sale based on this amount.*** Income Producing 19 Spot Mobile Home Park Real Estate Auction Location: 133 Railroad Ave Buckhannon, WV 26201 GPS Coordinates 38.983136, -80.216731 Date: Bidding is open & starts closing Tuesday, March 7th at 7:00 P.M. 19 Spots, 9 Rented Spots = $2,200 Per Month, Plus 3 Park Owned Homes that will Transfer with Purchase, #120 1979 - 14X70 Seller reserves the right to occupy this Home Rent Free until September 1 2023, #121 1996 - 16X80 = $650 Per Month, #117 1991 14X70 =$650 Per Month, 28X36 Shop with Heat & AC - Seller will occupy rent Free Until September 1, Tenants pay all utilities, Natural Gas, City Water, City Sewer, Located next to rails of trails, Security Cameras will not transfer, This park has been very well maintained, All tenants are on a continuous lease with the option upon 30 day notice to owner. Copy of lease available upon request. Rental Deposit will transfer at closing for #117 & #121. Potential for more income! Current Total Income is $3,500 Per Month Within Walking Distance to West Virginia Wesleyan College! Some of the empty lots are set up for RV Hook Ups. Legal Description: District 3 Buckhannon Corp, Map 11, Parcel 335 LOTS 16 18 & PART OF 14 BLK 29 FLORIDA ST BLTA, Parcel 336 LOTS 10 & 12 & 1/2 OF 14 BLK 29 RAILROAD AVE, Parcel 337 LOTS 6 & 8 BLK 29 RAILROAD AVE 101.6X100.0X109.2X100.0, Parcel 338 LOT 4 40' OF LOT 3 BLTA RITCHIE ST, Part of Parcel 339 Lot 8 only, Parcel 340 LOT 16 BLK 37 R R AVE, Parcel 340.1 LOTS 10 12 14 18 20 BLK 37 RR AVE District 3 Map 11 Parcel 339 Lots 2, 4 & 6 are not part of the Auction. Kaufman Realty & Auctions of WV 399 W. Main St. Bridgeport, WV 26330 David Anthony Kaufman, Broker License #WV0030037 Andrew Yoder Jr. - Auctioneer/Agent License #WV0028890 Auc. Lic #2086 Wayne Yoder - Auctioneer/Agent License #WV0029880 Auc. Lic. #2161 Terms: 10% nonrefundable down payment due within 48 hours of the close of the Auction. The sale is not contingent upon buyer securing financing and or any additional contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer's premium will be added to determine the final contract price. Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example...soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in not being approved. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier's check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier's check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees. Property lines on our maps are approximate. Not a survey. Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.