NOTE: This is an auction. The above mentioned "For Sale" price is not an asking price but rather, a SUGGESTED OPENING BID. MAJOR INVESTMENT OPPORTUNITY 12 Rental/Starter Homes | Enid, Garfield Co., & Isabella, Major Co., OK AUCTION Wednesday February 5, 2020 10:00 a.m. Auction Location: Springhill Suites by Marriott, 5815 KL Drive, Enid, OK 73703 {W. of Wal-Mart on W. edge of Enid} Open House: Tues., Jan. 28th Prop. #1-#5: 1-2:30p Prop. #6-#11: 3-4:30p Note: Most homes are occupied. Please call for an appointment to view. Property #3 (2 Homes) 1115 & 1117 E. Park Ave., Enid: 1115 E. Park, Enid (Occupied): 558 +/- sq. ft. of living area * 1 BDRM * 1 BA * kitchen w/refrig. & range * stackable washer & dryer * living room * central electric furnace * window unit air * newer roof covering * lease term July, 1, 2019 till Jan. 31, 2020 * $500/mo. (includes utilities) * $300 security deposit '19 Taxes: approx. $182.00 Legal Description: Lt 10, Blk 17, Rosedale Addn. 1117 E. Park Ave. (Vacant): 972 +/- sq. ft. of living area * 2 BDRM * updated BA * kitchen w/refrig. & range * living room * updated cabinets * dual pac HVAC * newer windows * '19 Taxes: approx. $320.00 Legal Description: Lts 8-9, Blk 17, Rosedale Addn. General Statements Order of Auction: Properties will be offered individually only. '20 Taxes: will be prorated to day of closing. Minerals: Do Not Sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing leases. Seller shall retain any rent due & payable through the month of closing. Buyer is entitled to any rent due & payable the month following closing. Security Deposits, if any, will transfer to Buyer(s) at closing. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. Terms: 10% of the purchase price is to be placed in escrow day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to size, condition, etc. prior to auction day. Announcements made day of auction take precedence.
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