SOLD FOR $174,500
APARTMENT COMPLEX AUCTION
DON’T MISS THIS RARE INVESTMENT OPPORTUNITY IN VOLGA, SD
5 UNITS W/ STEADY RENT INCOME IN A GREAT LOCATION
Burlage Peterson Auctioneers will offer the following at public auction: 412 Astrachan Ave., Volga SD
As I am moving, we are offering an outstanding opportunity to purchase a well-maintained income generating property with an excellent location. Many recent updates & strong potential cash returns
THURSDAY, MAY 17, 2018 SALE TIME: 12:00 NOON
Have you been looking for an affordable property that generates strong cash returns? This 5 unit, multi-story apartment complex has a great location in the heart of Volga, close to Main Street, Hwy. 14 and the Public and Private Schools. This property features four 1 bedroom units and one 2-3 bedroom unit. Each unit has outside entry access and the property has road side and alley access. All windows have been recently replaced. Other updates include newer shingles, siding and a newer deck installed. All leases are currently month to month. This property represents the opportunity for strong income generation with low accrued expenses. Seller is currently occupying the 2 bedroom unit and is moving. New buyer will receive security deposits at closing and rent income starts immediately with new possession. Call today for information, don’t miss this opportunity!
LEGAL DESCRIPTION: Ask’s Addition, Lots 3-4, Block 11, 11x165 City of Volga, Brookings County, SD.
IF YOU ARE LOOKING FOR AN EXCEPTIONAL INVESTMENT OPPORTUNITY WITH GREAT INCOME POTENTIAL, THIS IS A PROPERTY YOU WILL WANT TO SEE. FOR ADDITIONAL INFORMATION CONTACT BURLAGE PETERSON 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 July 1, 2018. 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 easements, restrictions, and sold subject to confirmation of owner. Information contained herein and all statements made herein believed to be accurate but not guaranteed. Property sold as is, where is without warrantees, guarantees or contingencies of any kind. Burlage Peterson Auctioneers & Realtors, LLC represents the seller in this transaction.