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Auction: Woodridge Apartments, White Cloud, MI

70 North Lester St.

|

White Cloud, MI 49349

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Auction: Woodridge Apartments, White Cloud, MI

70 North Lester St.

White Cloud, MI 49349

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Contact Advisor

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John Johnson, CCIM, ALC Managing Director
SVN | Interstate Brokers
AL #000058515-0
GA #155996
NC #154777
SC #15457
TN #00270034
VA #0225041781
FL #BK3312170

johnsonj@svn.com
(O) 404.303.1232 x16
(F) 404.303.7997

 
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Tom Hunter Senior Advisor
SVN | Interstate Brokers

tom.hunter@svn.com
(O) 770.682.8552

 
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James VanderVeen Broker
Big Red Auctions, LLC

jimvanderveen45@gmail.com
(O) 616.262.4354

 


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Sale Overview

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For Sale
Price:
Price determined by auction
Number of Units:
32
Building Size:
28,041 SF
Property Type:
Multifamily
Total Lot Size:
2.99 Acres
Year Built:
1981
Download Property Flyer View Auction Website Auction Website
 


Auction

  • Auction Date: 11/13/2017 @ 9:00am
  • Auction Location: SVNauctions.com
  • Auction website

Highlights

  • Auction: Government-Owned Apartment Complex
  • Garden Style Apartments
  • 2 Buildings, 32 units
  • Gross building size: 28,041 sf
  • 8 1BR-1BA; 20 2BR-1BA; 2 3BR-1BA; 2 4BR 1BA
  • Bidding Website: SVNauctions.com
  • High bid subject to approval by USDA
  • Bidding start/end Monday, November 13th at 9:00 am to Wednesday, November 15th at 3:00 pm
  • SALE MUST CLOSE ON NOVEMBER 30, 2017
  • $5,000 bid deposit charged to high bidder, refunded upon receipt of down payment
  • 10% down, close on November 30, 2017
  • 10% buyers premium, 2% fee based on high bid for registered buyer's agent
  • Sold "As Is" with no inspection or financing contingencies
  • Buyer pays all closing costs. Taxes, utilities and rent prorated at closing
  • See Auction Website SVNauctions.com for diligence info
  • Inspections: Oct 21 and Nov 3 from 11 am to 1 pm
  • James Todd VanderVeen MI Broker #6504379214 (616) 262-4354 jimvanderveen45@gmail.com

Description

Woodridge Apartments is a USDA-owned, 32-unit apartment complex in White Cloud, MI. The apartments will be auctioned with online only bidding starting at 9:00 am EST, Monday, November 13th. Bidding ends Wednesday, November 15th at 3:00 pm unless automatically extended by late bidding activity. The apartment complex consists of 2 buildings with 32 units. Bidding will be online only at www.SVNauctions.com. The property will be sold subject to approval by the USDA. THE SALE MUST BE CLOSED ON NOVEMBER 30, 2017. Inspections: Saturday October 21st and Friday, November 3rd from 11:00 am to 1:00 pm. Contact James VanderVeen /616) 262-4354 Jimvanderveen45@gmail.com

Property is located on the east side of N. Lester Street, 1 block north of Pine Hill Street in White Cloud, Michigan. White Cloud is 46 miles north of Grand Rapids, Michigan.