Lender Owned Auction 152 Units in 9 Buildings
Stone Crossing Apartments, 3639 Woodley Road
Montgomery (Montgomery County), Alabama 36116
ONSITE AUCTION: Tuesday, November 24th, 2009 at 11 AM
OR BID ONLINE AT www.auctionEbid.com
INSPECTION: Friday, November 20th, 2009 at 10 AM- 2 PM or By Appointment
Built ca. 1973 and zoned R-65-m, the garden-style apartment asset
includes 9 two-story buildings, a single level leasing office with
laundry facility, kitchenette and restrooms, and a swimming pool,
picnic area, playground, and 285+- parking spaces. Montgomery County
indicates that parcel number 15-02-03-02-011-051.000 consists of 9.8
acres.
# Type SF
64 1 BR/ 1 BA 780
72 2 BR/ 1 BA 960
16 3 BR/1.5 BA 1,350
152 Total 140,640 SF
Terms: Proof of Required Earnest Money Downpayment Funds required to bid , 10%
Buyers Premium added to winning bid to determine sale price, 10%
Earnest Money Deposit payable immediately after the auction, close no
later than Monday, December 28th, 2009.
Escrow and Closing Agent: First American Title, attn Carol Perry. Closing agent fees split between Buyer and Seller.
Broker Co-Op: 1.5% Commission Paid to Properly Registered Brokers, see BROKER PARTICIPATION section in website terms for details
For additional property information, auction terms, and contract form, visit www.auctionEbid.com or call 770-980-9565, TOLLFREE 877-980-9565
Questions? Contact Jeb Howell, 770-841-9924, at jeb@auctionEbid.com
Auction Management Corporation
Julian E Howell, AAL #1682
1827 POWERS FERRY ROAD, BLDG. 5
ATLANTA, GA 30339
770-980-9565
www.auctionEbid.com
