| Property Address | |
| 3133 Bretton Street NW
North Canton, OH 44720 |
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| Attached Files | |
 | Floor Plan #1 (PDF) | | Floor Plan #2 (PDF) | | Floor Plan #3 (PDF) | | Realtor registration (PDF) | |
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Absolute Real Estate Auction
Sells to the highest bidder! Regardless of price!
Auction Date: Friday, July 9th at 4PM
Auction to be held at: The Holiday Inn-Canton, 4520 Everhard Rd NW Canton, OH 44718
Property Address: 3133 Bretton Place NW, North Canton, OH 44720.
If you would like to have a copy of previous financials and the 2009 P/L statement, please send an email to Auctioneer Michael Hoffman requesting the information be sent to you. Please include your contact information. hoffman@ohiorealestateauctions.com
Real Estate Description: Extremely well maintained 24-unit apartment complex, with excellent rental history. Built in 2003. Gross income estimates of $195,000 (if full), net operating income estimates of $127,000. There are a total of 31 garages with openers (7 extras beyond the 24 apartments). Units include refrigerators, ranges, dishwashers and some units have washers & dryers. 12 units have washers and dryers. 2 acres +/- for lot size. Forced air heating with air conditioning. There are 6 one bedroom one bath, 6 2 bedroom 1 bath, 12 2 bedroom 2 bath units.
Stark County Parcel #: 55-02960.
Property Preview Dates: Fridays July 2nd and 9th 12:00 Noon to 1:00 PM.
Property sells as is, with no buyer contingencies for financing, inspections or otherwise. 10% Buyer’s premium applies. The buyer’s premium will be added to the final bid to determine the contract sales price. Financing, if any, is calculated on the final contract price. Buyer pays all closing costs including title search, transfer taxes, deed preparation, conveyance and recording fees. Taxes will be pro-rated via the short proration method. Clean deed given at closing with no liens or delinquent taxes.
Cashier’s Check Required to Bid: In order to register to bid, potential purchasers must bring a $35,000 CASHIERS CHECK MADE PAYABLE TO HBI Title plus provide balance of 10% down by other instrument on auction day, which will be your non-refundable deposit if you are the high bidder. Deposit will be applied at closing to the purchase price. Checks will be immediately returned to all non-winning bidders at the conclusion of the bidding process. The purchaser will be required to sign a Contract to Purchase at the auction conclusion.
Closing / Possession: Potential purchasers must be able to close within 30 days after the auction. Time is of the essence. The real estate is selling free and clear of any and all liens. The purchaser will receive an insurable title at closing. Possession will be given to the purchaser on date of closing.
Agency: Auctioneer exclusively represents the Seller in this sale.
REALTOR® Participation: Realtor® showings are encouraged and cooperation will be granted. To collect a commission, you must:
1) Conduct a showing on the property,
2) Register your bidder no less than 48 hours prior to the auction on the approved form (will be attached to website listing)
3) Present a written opening bid on behalf of your client. NOTE: You will receive 2% of the high bid if you represent the successful bidder.
4) Accompany your client to the auction.
Please expect no exceptions to these minimal requirements. Please call Auctioneer to schedule all showings.
Directions: Located off of Cleveland Ave NW & Bretton Street NW, Canton.
Brokerage: Ohio Real Estate Auctions, LLC
Auctioneer License Information: 2002000102
