Multi-Family building in High Point, NC
Multi-Family building with 9 units and rental income. 6 units are 2-level with 2 bedrooms and 2.1 baths each. 3 units are 1-level with 2 bedrooms and 2 baths each.
New bidders ONLY
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Bid Deposit: $20,000
Complete the Bid Deposit Form with bid deposit of $20,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by November 4, 2020 at 5PM ET.
MULTI-FAMILY BUILDING 9-Unit apartment building with shared parking. The first floor has 3 single level units – each 929 ± sq. ft. unit has 2 bedrooms, 2 baths, kitchen, living room, dining room, laundry, and covered patio with storage. The top two floors have 6 two-level units with stairwell access – each 1,024 ± sq. ft. unit has 2 bedrooms, 2.1 baths, kitchen, living room, dining room, laundry, and storage. Note: The complex includes a total of 8 buildings with shared parking and common areas, but this auction is only for one building. Eight apartments are currently leased and the building will be sold with tenants in place with a rental income of $4,810 a month. Inspection by appointment only. Visitors must follow COVID-19 guidelines. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the property as a whole that may apply (including but not limited to fines and penalties).
October 26 and November 2 by appointment only.
Attendees are responsible to provide and wear their own Personal Protection Equipment (PPE). PPE will not be provided.
Note: Inspection is limited to the vacant unit 1C.
November 5, 2020
10:00 am – 1:00 pm ET
Starting bid will be $90,000.
Closing will be held within 45 calendar days of the date the Government signs the sales contract.
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