Wednesday, November 28, 2018 12:00 PM
McCurdy Auction, LLC
10th & Main - South to 8th and East to property.
*Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $20,000.
LIVE AUCTION WITH ONLINE BIDDING! This property is being offered in a multi-property auction conducted off-site at the REALTORS® of South Central Kansas Board Office (170 W. Dewey St., Wichita, KS) on Wednesday 28th AT 12:00 PM. Registration opens at 11:00 PM or skip the lines and pre-register online. This property is selling with clear title at closing and no back taxes. Property previews available.
Opportunity to purchase 3.96 +/- acres currently utilized as a mobile home park with 55 total home sites and 1 commercial building! The mobile home park features city streets with street lights and city water and sewer connections. There are renters in 22 lots for a total monthly income of $3,950. The commercial building is also rented for $300/month. This brings the current annual income to $51,000. However, with over 30 additional empty sites, there is room for much more earning potential!
Four of the rented units are owned by the seller and are being purchased by the occupants via an owner carry. Seller's interest and rights to those purchase contracts will transfer at closing. Profit and Loss Statements and rent roll are available upon request. Zoned C-2 Commercial.
Don't miss out on this great investment opportunity!