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absolute-auction-179-mini-storage-units-retail-strip

ABSOLUTE AUCTION – 179 Mini Storage Units & Retail Strip

Highest Bidder Buys, Regardless of Price!
Auction #180291
Description

Income Producing Property on Hwy 301 in Starke, FL. No Reserve!

Ended Wed, Jun, 18th 11:59 PM Eastern Time (US & Canada)

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Description

ABSOLUTE AUCTION

Highest Bidder Buys, Regardless of Price!

REAL ESTATE AUCTION

179 Mini Storage Units & Retail Strip

Will be offered in parcels and as a whole

Auction will be held on-site at:

1650 S Walnut St, Starke, FL (fronts Hwy 301)

 

NEW Auction Date: Wednesday, June 18th - 11AM

 

This is your opportunity to name your price on a great income producing property!  179 mini storage units (18,380 sf) and a Retail strip on US Hwy 301 in Starke, FL. Mini Storage units have 90%+ occupancy and 2013 Gross Income was $103,997.  6,000 sf Retail strip has 5 units and is currently vacant.  3 of the units are set up with included equipment for a turnkey Pizza Parlor/Restaurant, Beauty Salon and a Nail Salon. Combined former tenants rent for the retail strip is $5,950/month.

 

Total income potential for this property is $175,000+ per year!

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Complete Auction Bidder Packet

 

BROKER PARTICIPATION INVITED!

Broker Registration Form

 Proxibid - Live Internet Bidding

Proxibid Registration Packet

 

Real Estate Terms & Conditions: To register to bid, you must present a Cashier's Check, Certified Check or Cash in the amount of $2,500, made payable to Paul Newell, Attorney, Escrow Account. Winning Bidder must provide the balance of 10% as a Binder Deposit by check immediately after being announced the winning bidder, with the balance due on or before July 18th, 2014. Not subject to financing. 10% Buyer's Premium. Insurable title to the property is guaranteed.  Should you not be the successful bidder, your check will be promptly returned to you.

Dates

Bidding Dates
Wednesday
18
Jun '14
at
11:00 AM
Eastern Time (US & Canada)
Preview Dates
Pre-bidding Dates
Checkout Dates