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Auction Information
Auctioneer Semple International 513-724-1133
Auction Date Nov 30 Auction
Location
278 N. 3rd. St.
Williamsburg, OH
Time 12:00PM
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Auction Listing
AuctionZip Auctioneer ID# 3989
    Property Address    
12103 Sheraton Ln.
Cincinnati, OH 45246
LIVE WEBCAST REAL ESTATE AUCTION

Date & Time: November 30, 2016 12:01 PM
Location: Auction Location:
278 N. Third St.
Williamsburg, OH 45176

Property Location:
12103 Sheraton Ln.
Cincinnati (Springdale), OH 45246

Highlights: Photo gallery -

3,884 SF POSSIBLE MULTI-TENANT OFFICE CONDOMINIUM

T_10001.JPG

Notes:

This double end cap office condominium was constructed in 1983 and contains approximately 3,884sf of finished space on two floors and ample parking is available. It is currently vacant and ready to move into. It was previously used as a medical office.

The main floor features 5 wet examination rooms, 4 private doctor’s offices, nurse’s station w/ lab area, reception area, ADA compatible entry, and private physician entrance. The lower level contains 3 wet examination rooms, 1 private office, wet lab area, reception area, bath w/ shower, storage, and an outside entrance. Both levels are sprinkled and the double unit is heated/cooled by 2 electric furnaces/heat pumps with separate gas and electric meters.

The office condominium is very conveniently located less than ½ mile from I-275 and approximately 1.5 mile from I-75 in the Springdale area with high visibility from major north – south artery Rt. 4 and excellent monument signage. The Hamilton County Auditor has assigned the condominium unit PID # 5990050053400. Current annual taxes are approximately $6,369 based on an annual assessed value of $203,880. Current condominium association dues are $447.00 per month.

HIGHEST BID WILL BE PUT ON CONTRACT - NO MINIMUM STARTING BID IS REQUIRED

Note: This auction will be conducted through our partner company’s website www.AssetIQllc.com

Terms:

Live Webcast Auction: The live auction will be conducted from our live auction webcast studio at 278 N. Third St., Williamsburg, OH 45176 on Wednesday November 30 beginning at 12:01PM. You can attend the live auction and participate or bid in real time from your computer or mobile device by logging on and registering at our partner site www.assetiqllc.com.

Registration: All bidders, whether in the room or over the Internet, must register to participate in the auction. Each registrant is responsible for any purchase on their bidding number or user name.

  • Live Studio Bidding: A government issued ID is required to register to bid in the room. In person registration begins at 11AM on day of auction.
  • Internet Bidding:
    Internet registration will be available once the auction is posted on our website. If the purchaser is an Internet bidder, the Contract to Purchase, Agency Disclosure, and Demand Note shall be emailed at the conclusion of the auction and must be signed and returned by email or fax within 24 hours. The required 10% deposit shall be paid by wire transfer or cashier check mailed or hand delivered to Semple International, 278 N. Third St., Williamsburg, OH 45176 and received by December 2 at 12 noon. If either the deposit or contract/ancillary paperwork are not received by December 2, 2016, the purchaser agrees to allow an additional $5,000 nonperformance charge.

Collection and Attorney Fees: In the event Semple International, Inc. or its client have to engage counsel or collection companies to assist in enforcing any part of the auction terms and conditions or collection of all or part of the down payment or full purchase amount from any attendee, bidder, buyer, or other such party to the transaction, buyer shall be responsible and agrees to pay reasonable fees including without limitation: attorney fees, collection costs, and all expenses incurred including without limitation costs and expenses relating to evaluating, analyzing, assessing, enforcing, preparing for and conducting litigation of any kind or nature, whether or not legal proceedings are commenced.

Deposit: Purchaser shall deposit 10% of the full purchase amount on the property at the conclusion of the auction and acknowledge all requested/required paperwork. This deposit shall be held in the real estate trust account of Semple International pending closing. Required paperwork will consist of Purchase Contract, Agency Disclosure, and Demand Note for entire purchase amount to guarantee closing. Copies of the required paperwork will be available for preview on our website at www.SempleSells.com.

Buyer’s Premium: A ten percent buyer’s premium shall be added to the high bid amount to determine the full purchase amount on each property. By example, if you’re the winning bidder at a high bid of $100,000, your contract purchase amount will be $110,000.

Closings & Possession: Closing on the property shall be within 30 days- on or before December 30, 2016. Time is of the essence. Possession will be immediate at closing. Any delinquent and accrued taxes will be paid out of the proceeds to date of closing. Closing must take place at a title company, attorney office, or bank of the Buyer’s choosing. Purchaser shall receive a General Warranty deed, free of liens and insurable.

    Note: A Preliminary Title Exam has been performed by Technetitle Title Agency. Technetitle can be reached at 513.831.3398 if you would like to close the transaction through them.

Buyer Broker/Agent Representation: A 2% Buyer/agent commission available to all Ohio licensed Brokers or agents. Broker/agents must register their clients with auction firm at least 24 hours prior to auction beginning to qualify for co-op commission. Call auction firm for acceptable forms at (513) 724-1133 or visit our website at www.SempleSells.com.

Agency: The employees of Semple International, Inc. are acting solely as agents for the seller.

Disclaimer: Property is selling “as-is, where-is, with caveat emptor/all faults/buyer beware” and no warranties expressed or implied. Information contained herein was obtained from sources deemed reliable. Although every precaution has been taken to ensure accuracy, neither Seller, Semple International, Inc., nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to accuracy thereof before submitting their bid(s). Property is subject to additions, deletions, and prior sale. Purchaser should obtain their own vandalism insurance on the property once the purchase contract is completed.

Auction Firm’s Note: Most of the information on the property was derived from the County Auditor Websites, previous appraisals, and/or other public information areas. The auction firm and its’ staff member(s) expressly disclaim any liability for erroneous information. Prospective purchasers are encouraged to conduct their own research on the property.

Brent Semple, Auctioneer

Directions:

For directions to the auction location please see the map quest link below.

Contact: Semple International
278 N. Third St.
Williamsburg OH 45176
Phone: 513-724-1133 or 800-783-6113
Fax: 513-724-1286
Email Web-page



Auctioneer License Information: 57197926569

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