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Business For Sale

Multi-Rental Property Auction

Durham, NC

Commercial Real Estate: Non-classifiable

 
Asking Price:
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443724203

Business Overview:

Multi-Rental Property Auction 7 Properties - ONE DAY ONLY!! Five Homes - 1 Duplex (All Units Are Leased) – 1 Acre Lot Auction: Saturday, April 28, 2012 at 10:00AM EDT. Registration & Preview: at 9:00AM EDT. Location: 3660 Guess Road, Durham, NC 27705. Property Inspections: Saturday, April 14, 2012 at 2:00 – 4:00 PM EDT. Location: 3660 Guess Road, Durham, NC 27705. Sunday, April 22, 2012 at 2:00 – 4:00 PM EDT. Location: 3660 Guess Road, Durham, NC 27705. Saturday, April 28, 2012 at 9:00 - 9:45 AM EDT. Location: 3660 Guess Road, Durham, NC 27705. Here is your chance to get a great deal and own your own home or add on to your rental portfolio! To be offered individually and in combination. Absentee and Phone bidding welcome.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Property #1: 3660 Guess Road. 1415 sq. ft. Brick Ranch, 3 Bedroom, 2 Bath. Lot size 1.02 acres, Forced air gas heating and cooling. Fireplace, Hardwood Floors, All appliances. Paved parking lot, Basement, Detached Garage. Status: Leased. Property #2: 3660 A&B Detached Duplex. Two apartments. Each has One bedroom, one bath, kitchen w/ appliances. Gas heat, window AC. Status: Both Leased Property #3: 3654 Guess Road. 1294 sq. ft. Vinyl Siding Ranch, 3 Bedroom, 2 Bath. Lot size .32 acre, Forced air gas heating & cooling. Hardwood floors, Detached Carport, Closed in Porch. All appliances. Separate Storage Building Status: Leased Property #4: 3652 Guess Road. 1614 sq. ft. Vinyl Siding Ranch, 3 Bedroom, 2 Bath. Completely renovated in 2010. Lot size .273 acres, Forced air gas heating & cooling. Hardwood floors, Detached carport. Fireplace, All appliances. Status: Leased. Property #5: 3650 Guess Road. 1500 Sq. Ft. Vinyl Siding Ranch, 3 Bedroom, 2 Bath. Lot size .413 acres, Forced air gas heating & cooling. Hardwood floors, Carport, All appliances. Separate Storage Building. Status: Leased. Property #6: 3630 Guess Road. 1523 Sq. Ft. Brick A-Frame, 3 Bedroom, 2 bath. Lot size .43 acres, Forced air gas heat & cooling. Hardwood floors, All appliances. Separate Storage Building. Status: Leased. Property #7: 305 Taft Street. Will sell to the Highest Bidder at or above $5000 1.012 Acres located at 305 Taft Street Durham, NC Tax Assessed Vale 33,557 Ready To Build On!

Market Competition and Expansion:

Terms: Real estate property located at 3650, 3630, 3652, 3654, 3660 Guess Road Durham, NC is being offered for sale AS IS WHERE IS subject to all property lines, zoning restrictions, streets or roads, right-of-way, easements, accesses, ingresses and egresses to and from subject property as recorded in the county tax office, register of deeds and/or surveyors maps, and hereby being said property as described in seller’s deed. The successful bidder must sign all documents and contracts immediately upon conclusion of the auction. The successful bidder of the whole will make a down payment of $9000.00. Successful bidder of a part will make a down payment of $5000.00. Balance due within 30 days upon delivery of deed. A buyer’s premium of ten percent (10%) shall be added to the successful bidder’s high bid and included in the total purchase price to be paid by the successful bidder. Tom Jordan - Auctioneer/ Real Estate Broker – N C License: Auctioneer 7126 – Broker 191036 Raleigh, NC

Reason for Selling:

Auction

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise resale opportunity.