Online Auction: Office Building, 20008 Champion Forest Drive, Units 301-304, Spring, TX

U.S. Treasury Real Estate

Online Bidding Only

Friday, June 24, 2022

11:00 am – 1:00 pm CT (12-2pm ET)

Property Location

20008 Champion Forest Drive, Units 301-304, Spring, TX 77379
Map

Office Building in Spring, TX

4,900 ± sq. ft. office building with 4 units and shared parking. Each unit has reception area, 4 offices, kitchen, and restroom. 3 units are leased with rental income.

Property Description

OFFICE BUILDING  Stand alone office condominium is a 4 unit complex with shared parking. Each 1,225 ± sq. ft. unit has a reception area, 3-4 offices, kitchen/lounge area, and restroom. Three units are currently leased with monthly rental income. Located along the area of Grand Parkway near 249 in an area experiencing continued growth. Note: The condo association has right-of-first refusal to the sale. Leases and Ledger of rental amounts can be viewed online. Security deposits will convey to the buyer.  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).

Utilities: Electricity, Gas, Water, Sewer
Zoning: None
Parcel Nos: 136-806-003-0001/0002/003/0004
Year Built: 2015
County: Harris
Starting Bid: $240,000
2021 County Taxes: $10,167.38 ±
MUD Taxes: $8,165.88 ±
COA Dues: $1,362.84 bi-annually per unit
(includes landscaping and lawn maintenance)
Sale #: 22-66-128

Inspection

Monday, June 13 and 20 by appointment only.

Map

This map was derived from Google Maps. CWS doesn’t accept any responsibility for accuracy.

Auction Information

Questions about the sale/property: Email us at realproperty@cwsams.com or call 703 273-7373.

Technical assistance: Contact us at service@cwsmarketing.com with any technical questions about the online bidding process.

It’s the Buyer’s responsibility to understand & comply with the complete Terms & Conditions of the sale.

Friday, June 24, 2022
11:00 am – 1:00 pm CT (12-2pm ET)

Bid Deposit: $50,000

Submit the Bid Deposit Form and mail in your deposit of $50,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by June 23, 2022 at 5PM ET. OR submit the bid form and wire deposit to arrive no later than 5pm ET on June 22. Request wiring instructions at realproperty@cwsams.com

Closing will be held within 45 calendar days of the date the Government signs the sales contract.

CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances.   Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.

How to Register
1. Register for Auction

Go to Auction and select register to bid.

2. Submit Deposit

Bid Deposit: $50,000

Submit the Bid Deposit Form and mail in your deposit of $50,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by June 23, 2022 at 5PM ET.  OR submit the bid form and wire deposit to arrive no later than 5pm ET on June 22.  Request wiring instructions at realproperty@cwsams.com

You will receive a confirmation email once your deposit is received and registration is approved.

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