SOLD FOR $467,500
APARTMENT COMPLEX AUCTION – BROOKINGS, SD
APARTMENT COMPLEX AUCTION
DON’T MISS THIS RARE INVESTMENT OPPORTUNITY IN BROOKINGS, SD
6 UNITS W/GARAGES WITH POTENTIAL FOR ADDITIONAL BUILDINGS SITUATED ON OVER 1 ACRE LOT
Burlage Peterson Auctioneers will offer the following at public auction 1027 10th Street South, Brookings, SD
Here is an outstanding opportunity to purchase a meticulously maintained, income generating property with an excellent, quiet location in Brookings, SD.
THURSDAY, SEPTEMBER 28, 2017 SALE TIME: 10:00 A.M.
This very well cared for complex includes 6 units that include the following: 5-2 bedroom and 1-1 bedroom, full bathroom, refrigerator, range, forced air furnace, central A/C, and single garage w/opener. The complex has many updates that include siding, shingles, trim, furnace/AC, water heater, and other items too numerous to list. This property currently is fully rented and has a history of renters waiting for availability. This property is centrally located in Brookings in a very quiet area close to churches, schools, malls, hospital, and retail stores. Sitting on over a 1-acre lot and zoned R-3 with space for additional possibilities, properties like this don’t come on the market very often.
LEGAL DESCRIPTION: Lot 3, Blk 4, Meadwowood Addn., City of Brookings, Brookings County, SD.
IF YOU ARE LOOKING FOR AN EXCEPTIONAL INVESTMENT OPPORTUNITY WITH GREAT INCOME POTENTIAL THIS IS AN AUCTION YOU WILL WANT TO ATTEND. FOR ADDITIONAL DETAILED INFORMATION OR SHOWINGS CONTACT BURLAGE PETERSON AUCTIONEERS OR GO TO OUR WEBSITE WWW.BURLAGEPETERSON.COM COME PREPARED TO BUY!!!
TERMS: Cash. 10% non-refundable earnest money deposit due day of the sale with balance due on or before November 10, 2017. Title Insurance and Closing Fee split 50/50 between buyer and seller. Real Estate taxes to be pro-rated to the date of closing. This property is sold subject to existing leases, easements, restrictions, and sold subject to confirmation of owner. Information contained herein and all statements made herein believed to be accurate but not guaranteed. Burlage Peterson Auctioneers & Realtors, LLC represent the seller in this transaction.
LEONA C. TELKAMP – OWNER
Jim Peterson 605.690.2674
Scott Peterson 605.690.0505
Lenny Burlage 605.690.0379
Tyler Burlage 605.695.3874
Burlage Peterson Auctioneers & Realtors, LLC
317 4th St, Brookings, SD 605-692-7102
6-PLEX APARTMENT BUILDING
1027 10th Street South, Brookings, SD
LEONA C. TELKAMP – OWNER