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Multi Building Apartment Complex Auction, Brookings SD

APARTMENT COMPLEX AUCTION

KEPFORD MANOR APARTMENTS 

DON’T MISS THIS GREAT INVESTMENT OPPORTUNITY IN BROOKINGS, SD
2 APARTMENT COMPLEXES & GARAGES, VERY WELL MAINTAINED WITH EXCELLENT LOCATIONS
 

In order to settle the estate of Dorothy H. Kepford, we will offer at public auction these two properties located at 424 Medary Avenue South and 923, 925 & 927 5th Street South, Brookings SD on:

TUESDAY, AUGUST 13, 2019     SALE TIME:  10:00 A.M.

Sale will be held at 424 Medary Avenue South, Brookings SD

Complex #1 (Medary Avenue Building) 424 Medary Avenue South, Brookings SD

This 2-story building includes eight 1-bedroom apartments. 

Legal Description:  GC Andersons Addn, S 126’ of OL “B” of Lot 1, City of Brookings, Brookings County, SD. 

Complex #2 (Fifth Street Building) 923, 925 & 927 5th Street South, Brookings SD

This 2-story building includes four 2-bedroom apartments, one 1-bedroom apartment and four efficiency apartments.  This complex also includes a residence w/4 bedrooms, 1 ½ baths, kitchen, living room and dining room. 

Legal Description:  GC Andersons Addn, Lot 1 of OL “B” of Lot 1, City of Brookings, Brookings County, SD. 

EACH COMPLEX HAS ITS OWN COIN-OPERATED LAUNDRY.  18 GARAGES GO WITH THE COMPLEXES.

THESE 2 APARTMENT COMPLEXES WILL BE OFFERED AS A UNIT

If you are looking for an exceptional investment opportunity with great income potential, this is an auction you will want to attend.  For additional information or showings, contact the auctioneers or go to our website www.burlagepeterson.comBroker participation welcomed.
Come prepared to buy 

TERMS:  Cash.  10% non-refundable earnest money deposit due day of the sale on each complex with balance due on or before September 30, 2019.  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, rental agreements and sold subject to confirmation of owner.  Information contained herein and all statements made herein believed to be accurate but not guaranteed.  Properties sold as-is, where-is.  Burlage Peterson Auctioneers & Realtors, LLC represents the sellers in this transaction.

DOROTHY H. KEPFORD ESTATE – THOMAS L. KEPFORD, PR
Thomas Kepford, Corinne Jackson, Julie Pederson, James Kepford – Owners
Terry D. Wieczorek, Attorney for Estate

AUCTIONEERS & REALTORS
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
www.burlagepeterson.com