Auction Information

Absolute Auction of 8 Condo Pads in Bulk

Thu Jul 14, 2011 - 02:00PM

Slatey Hollow Condominium Development, 3558 West Henderson Road, Columbus, OH Click to Map

Tim Lile, CAI - Auctioneer

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Auctioneer ID#: 16795

Phone: (937)689-1846

License: 57199772159

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Attached Files

	Realtor Registration (PDF)		Tax Cards (PDF)
	Condo Bylaws (PDF)		Appraisal (PDF)

Absolute Auction

8 Condominium Pads Selling in Bulk

Sells to the Highest Bidder Regardless of Price!

Auction Date: Thursday July 14th @ 2:00pm On-Site

Address: 3558 West Henderson Road, Columbus, Ohio 43220-2491

Description: The subject is 1.416 acres of a 3.0± acre original parcel, zoned PUD-4 (Planned Unit Development District-Four Units per Acre). The site has been approved by the City of Columbus zoning authorities for the development of ten detached, residential condominiums. The developer has sold one unit and has leased one completed unit. The eight remaining units to be sold in bulk have not yet been constructed and remain completed pad sites. The subject is located on the north side of Henderson Road, just east of Sawmill Road, in northwest Columbus, Franklin County, Ohio. The development is located in a desirable residential area, between the suburban communities of Upper Arlington and Dublin, but is close to major commercial development. Downtown Columbus is located approximately ten miles southeast of the subject. Public water, sanitary sewers, natural gas and electric are available and are connected to the subject. According to information available to the appraisers, all utilities will be adequate for the proposed residential use.

Parcel ID: Franklin County #580-234516-00; 580-234517-00; 590-234519-00

Viewing Dates: View at your convenience.

Basic Terms: Sells absolutely to the highest bidder with no minimum and no reserve. Property sells as-is with no buyer contingencies for financing, inspections or otherwise. Clear Deed at closing with no liens or delinquent taxes. 10% buyer's premium will be added to the high bid to obtain final contract selling price. Short proration of taxes. Buyer pays all closing costs.

Deposit and Closing: In order to register to bid you must bring a CASHIER'S CHECK MADE PAYABLE to Ohio Real Estate Auctions in the amount of $10,000 which will be your non-refundable deposit if you are the high bidder. Checks will be immediately returned to all non-winning bidders. Closing must be within 30 days of Auction.

Realtor Participation: Realtor cooperation is available. For full compensation instructions, see Realtor Registration form attached above.

Seller: Medfirst Development II, LTD

Tim Lile - Auctioneer

(877)294-BIDS

Tim@OhioRealEstateAuctions.com

Information provided here obtained from sources deemed reliable. Prospective purchasers should verify before relying on same.

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