Start Date: Fri, Apr 30, 2021 12:00PM
End Date: Fri, Apr 30, 2021 12:30PM
Auction Preview Dates
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.
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!
1580 Sparkman Drive, Suite 102
Huntsville, Alabama 35816
Phone: (256) 837-0701
Fax: (256) 837-3830