Auction Information

Contact Information
Chuck Swafford
Phone: 256.337.1192
Auction Type

Live Auction

Auction Schedule
Auction Dates

Start Date: Fri, Apr 30, 2021 12:00PM

End Date: Fri, Apr 30, 2021 12:30PM

Auction Preview Dates
Apr 30, 2021 from 11:00AM - 12:00PM
Auction Location
207 Lincoln Street
Huntsville, AL 35801

From Governors Drive, North on Franklin, East on Williams, left on Lincoln Street
Auction Description

Excellent Investment Opportunity
This 8 unit apartment building is located in the heart of historic downtown Huntsville. Minutes away from the Madison County Courthouse, numerous restaurants, entertainment and historical sites. All 8 units are currently rented with steady, continuous tenants. (Little, to no, turnover) This is a rare opportunity for an investment in the growing downtown area.

Auction to be held on site on Friday, April 30, 2021 at 12:00 PM.

Auction Documents


Terms & Conditions
*A 10% Buyers Premium to be added to the final bid to determine the contract price on the Real Estate.

*All property is sold “AS IS, WHERE IS”. Cole Auction works strictly as an agent for the seller.

*10% down day of the sale, balance to be paid in 30 days or less.

*Property is selling subject to all restrictions, easements and rights-of-ways.

*Seller to pay prorated taxes and provides clear deed and title.

*Purchaser to pay all of their own closing cost.

*All decisions of the Auctioneer are final in case of bidding disputes.

*Seller reserves the right to deny or expel anyone who attempts to disrupt the sale.

*Property maps, surveys, inspection, are for reference and sale purposes only. Neither the Auction Company nor the seller guarantees any of the information given.

*It is the responsibility of the buyer to verify all specifications and conditions of the property.

*As no warranties or guarantees are being made as to condition, age or value prior to sale date.

*No contingencies shall apply to the sale of the property, including a buyer receiving financing.

*All information that is being given is believed to be correct and reliable but is not guaranteed by the Auction Company.

*Announcements made day of the sale take precedence over any written material.

*Cole Auction will pay outside brokerage 2% of net commission. Sales price minus concessions (i.e. expenses and/or commission reductions). Agent must register prior to auction. NO EXCEPTIONS!

Cole Auction

1580 Sparkman Drive, Suite 102
Huntsville, Alabama 35816
Phone: (256) 837-0701
Fax: (256) 837-3830

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