Online Only Auction Of A 5 Unit Apartment Complex In Rock Valley, IA
Previous Page Listing ID#: 115732

Auction Location
1000 19th Ave., Rock Valley IA 51247
Auction Dates and TimesSALE IS COMPLETED
Bidding Starts: Wednesday Sep 12, 08:00 AM
Bidding Ends: Tuesday Oct 2, 06:00 PM
Auction Type
 Online Auction  VIEW ONLINE CATALOG
Company Information
Zomer Company

Contact: Blake
Phone: 712-476-9443
Email: blake@zomercompany.com
Website: https://zomercompany.com/site/

GoToAuction.com ID#: 5966
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Listing Terms and Conditions

Online Only Auction of 5 Unit Apartment Complex   

This is an excellent opportunity to purchase a very well maintained 5 unit Apartment Complex

Located in Rock Valley, IA. with several long term tenants

This property has an Excellent Location

Location: 1000 19th Ave. Rock Valley, IA. or from Pump n Pak in Rock Valley, IA. go 2 blks East on Hwy 18 to 19th Ave. Property is located on East side of 19th Ave.

Auction signs will be posted!

Auction will open on Sept 12, 2018 at 8:00 A.M. and will close on Oct 2, 2018 at 6:00 P.M.

"The Real Estate Specialists" zomerauctions.com
Auctioneers note: We are honored to conduct this auction for the City of Rock Valley, IA. This property is very well maintained and features 5 individual apartments with the 4 of the 5 of the apartments having long term tenants. This property has been very well maintained and would make an excellent investment with an annual gross income currently of $29,000.00 plus dollars

 

Abbreviated Legal Description: The W ½ of the S 1 acre of Lot 5, in the Auditor Irregular survey, subdivision and plat of the S ½ of Section 21 and that part of the NE ¼ of the NE ¼ of Section 28, Lying North of the Railroad, all in Twp 97N, Range 46W of the 5th P.M., in the Incorporated City of Rock Valley, IA.--subject to public utilities and any/all easements of record and public roads and Highways.

General Description:  This is an unbelievable opportunity to purchase this high quality great Income Producing Property in a Progressive Community where the rental occupancy is nearly 100% full in all rental units and properties in Rock Valley, IA. This property contains 5 well maintained apartments. Each unit has its own kitchen/dining, living room, bathroom and one or two bedrooms. This property is in an excellent location and has concrete parking located in front of the units. This building also has a common income producing laundry area. Each unit has its own electric, heat and wall unit a/c and is metered separately. This complex was built in 1973 and has been extremely well maintained. This building has asphalt shingles and brick and hardboard exterior.  This property was formerly owned and managed under Section 8 housing and therefore has been well maintained. This property currently provides $29000.00 plus annual gross income. This property would make an excellent investment opportunity and is located in progressive Rock Valley, IA.! Income producing properties of this type are hard to find. Contact the agents for rental income and property brochure.   

Open house: Open house will be held on Sept 11, 2018 from 5:30 P.M. to 7:00 P.M. and Monday Sept 17, 2018 from 5:30 to 7:00 P.M. or by contacting one of the agents listed below.

Taxes: Currently the property was tax exempt for Real Estate Taxes as it is owned by a Government entity. The County Assessor estimates the future estimated taxes to be $4,800.00 per year.

Method of Sale: This will be an online only auction. Property will be sold in total dollars.

Possession: Possession will be on closing day November 1, 2018.

Terms: Successful bidders at close of auction agree to sign a purchase agreement within 24 hrs of final bidding closing with the following terms.  A $25,000 non refundable down payment will be due immediately following the auction and the remaining balance will be due in full on November 1, 2018. This property is being sold as a cash sale, with no finance contingencies. Full payment will be due and payable on closing day when clear and merchantable title will be given to the buyer(s). Buyer(s) agree to honor the current owners agreement with Section 8 housing  This property is being sold as is where is with all defects and no warranties are expressed or implied. Although all information is deemed reliable, all buyer(s) are encouraged to inspect the property and verify any information. All prospective buyers are encouraged to contact Rock Valley City Zoning for any permitted uses and future zoning questions. This property will be sold according to the terms in this ad and at zomerbid.com. The Sale is subject to the confirmation of the sellers and sellers reserve the right to accept/reject or negotiate final bid at close of auction. This transaction will only become binding upon written execution of purchase agreement between buyers and sellers. Auctioneers and Agents are representing the sellers in this transaction. Any announcements posted day of auction will supersede any advertising. Jenny Winterfeld-attorney for City of Rock Valley

 

City of Rock Valley, IA.–owners

 

Auctioneers and Agents:

Mark Zomer-712-470-2526     Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068--Ryan Zomer-sales-712-441-3970

Blake Zomer-sales-712-460-2552

 

 

 

 

 

 

 

 

 

When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Zomer Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Zomer Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Zomer Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please check back and review auction terms often. 

 Bidder responsiblities are but not limited to the following:

All bidders must provide their name, email address, daytime phone number, physical address at which they can be contacted for timely and accurate communication between Zomer Auctions and purchaser throughout any transaction or auction. 

bidders will be responsible and must obey any and all local, state and federal laws any/all violations will result in termination of bidding and website use priviledges with this auction company.

 

Listing Information

1
5 Unit Apartment Complex Located At 1000 19th Ave., Rock Valley, IA
Online Only Auction of 5 Unit Apartment Complex    This is an excellent opportunity to purchase a very well maintained 5 unit Apartment Complex Located in Rock Valley, IA. with several ...
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Online Only Auction Of A 5 Unit Apartment Complex In Rock Valley, IA

Zomer Company

Zomer Company

Contact: Blake
Phone: 712-476-9443
Sale Location
1000 19th Ave., Rock Valley
Rock Valley, IA 51247
Sale Dates and Times
Sale Terms and Conditions

Online Only Auction of 5 Unit Apartment Complex   

This is an excellent opportunity to purchase a very well maintained 5 unit Apartment Complex

Located in Rock Valley, IA. with several long term tenants

This property has an Excellent Location

Location: 1000 19th Ave. Rock Valley, IA. or from Pump n Pak in Rock Valley, IA. go 2 blks East on Hwy 18 to 19th Ave. Property is located on East side of 19th Ave.

Auction signs will be posted!

Auction will open on Sept 12, 2018 at 8:00 A.M. and will close on Oct 2, 2018 at 6:00 P.M.

"The Real Estate Specialists" zomerauctions.com
Auctioneers note: We are honored to conduct this auction for the City of Rock Valley, IA. This property is very well maintained and features 5 individual apartments with the 4 of the 5 of the apartments having long term tenants. This property has been very well maintained and would make an excellent investment with an annual gross income currently of $29,000.00 plus dollars

 

Abbreviated Legal Description: The W ½ of the S 1 acre of Lot 5, in the Auditor Irregular survey, subdivision and plat of the S ½ of Section 21 and that part of the NE ¼ of the NE ¼ of Section 28, Lying North of the Railroad, all in Twp 97N, Range 46W of the 5th P.M., in the Incorporated City of Rock Valley, IA.--subject to public utilities and any/all easements of record and public roads and Highways.

General Description:  This is an unbelievable opportunity to purchase this high quality great Income Producing Property in a Progressive Community where the rental occupancy is nearly 100% full in all rental units and properties in Rock Valley, IA. This property contains 5 well maintained apartments. Each unit has its own kitchen/dining, living room, bathroom and one or two bedrooms. This property is in an excellent location and has concrete parking located in front of the units. This building also has a common income producing laundry area. Each unit has its own electric, heat and wall unit a/c and is metered separately. This complex was built in 1973 and has been extremely well maintained. This building has asphalt shingles and brick and hardboard exterior.  This property was formerly owned and managed under Section 8 housing and therefore has been well maintained. This property currently provides $29000.00 plus annual gross income. This property would make an excellent investment opportunity and is located in progressive Rock Valley, IA.! Income producing properties of this type are hard to find. Contact the agents for rental income and property brochure.   

Open house: Open house will be held on Sept 11, 2018 from 5:30 P.M. to 7:00 P.M. and Monday Sept 17, 2018 from 5:30 to 7:00 P.M. or by contacting one of the agents listed below.

Taxes: Currently the property was tax exempt for Real Estate Taxes as it is owned by a Government entity. The County Assessor estimates the future estimated taxes to be $4,800.00 per year.

Method of Sale: This will be an online only auction. Property will be sold in total dollars.

Possession: Possession will be on closing day November 1, 2018.

Terms: Successful bidders at close of auction agree to sign a purchase agreement within 24 hrs of final bidding closing with the following terms.  A $25,000 non refundable down payment will be due immediately following the auction and the remaining balance will be due in full on November 1, 2018. This property is being sold as a cash sale, with no finance contingencies. Full payment will be due and payable on closing day when clear and merchantable title will be given to the buyer(s). Buyer(s) agree to honor the current owners agreement with Section 8 housing  This property is being sold as is where is with all defects and no warranties are expressed or implied. Although all information is deemed reliable, all buyer(s) are encouraged to inspect the property and verify any information. All prospective buyers are encouraged to contact Rock Valley City Zoning for any permitted uses and future zoning questions. This property will be sold according to the terms in this ad and at zomerbid.com. The Sale is subject to the confirmation of the sellers and sellers reserve the right to accept/reject or negotiate final bid at close of auction. This transaction will only become binding upon written execution of purchase agreement between buyers and sellers. Auctioneers and Agents are representing the sellers in this transaction. Any announcements posted day of auction will supersede any advertising. Jenny Winterfeld-attorney for City of Rock Valley

 

City of Rock Valley, IA.–owners

 

Auctioneers and Agents:

Mark Zomer-712-470-2526     Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068--Ryan Zomer-sales-712-441-3970

Blake Zomer-sales-712-460-2552

 

 

 

 

 

 

 

 

 

When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Zomer Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Zomer Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Zomer Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please check back and review auction terms often. 

 Bidder responsiblities are but not limited to the following:

All bidders must provide their name, email address, daytime phone number, physical address at which they can be contacted for timely and accurate communication between Zomer Auctions and purchaser throughout any transaction or auction. 

bidders will be responsible and must obey any and all local, state and federal laws any/all violations will result in termination of bidding and website use priviledges with this auction company.

 

Listing Details

1
5 Unit Apartment Complex Located At 1000 19th Ave., Rock Valley, IA
Online Only Auction of 5 Unit Apartment Complex    This is an excellent opportunity to purchase a very well maintained 5 unit Apartment Complex Located in Rock Valley, IA. with several ...
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Online Only Auction Of A 5 Unit Apartment Complex In Rock Valley, IA
 Online Only Auction
Auction Date(s)
Bidding Starts: Wednesday Sep 12 , 08:00 AM
Bidding Ends: Tuesday Oct 2 , 06:00 PM
Auction Location

Rock Valley, IA 51247
Listing Terms and Conditions

Online Only Auction of 5 Unit Apartment Complex   

This is an excellent opportunity to purchase a very well maintained 5 unit Apartment Complex

Located in Rock Valley, IA. with several long term tenants

This property has an Excellent Location

Location: 1000 19th Ave. Rock Valley, IA. or from Pump n Pak in Rock Valley, IA. go 2 blks East on Hwy 18 to 19th Ave. Property is located on East side of 19th Ave.

Auction signs will be posted!

Auction will open on Sept 12, 2018 at 8:00 A.M. and will close on Oct 2, 2018 at 6:00 P.M.

"The Real Estate Specialists" zomerauctions.com
Auctioneers note: We are honored to conduct this auction for the City of Rock Valley, IA. This property is very well maintained and features 5 individual apartments with the 4 of the 5 of the apartments having long term tenants. This property has been very well maintained and would make an excellent investment with an annual gross income currently of $29,000.00 plus dollars

 

Abbreviated Legal Description: The W ½ of the S 1 acre of Lot 5, in the Auditor Irregular survey, subdivision and plat of the S ½ of Section 21 and that part of the NE ¼ of the NE ¼ of Section 28, Lying North of the Railroad, all in Twp 97N, Range 46W of the 5th P.M., in the Incorporated City of Rock Valley, IA.--subject to public utilities and any/all easements of record and public roads and Highways.

General Description:  This is an unbelievable opportunity to purchase this high quality great Income Producing Property in a Progressive Community where the rental occupancy is nearly 100% full in all rental units and properties in Rock Valley, IA. This property contains 5 well maintained apartments. Each unit has its own kitchen/dining, living room, bathroom and one or two bedrooms. This property is in an excellent location and has concrete parking located in front of the units. This building also has a common income producing laundry area. Each unit has its own electric, heat and wall unit a/c and is metered separately. This complex was built in 1973 and has been extremely well maintained. This building has asphalt shingles and brick and hardboard exterior.  This property was formerly owned and managed under Section 8 housing and therefore has been well maintained. This property currently provides $29000.00 plus annual gross income. This property would make an excellent investment opportunity and is located in progressive Rock Valley, IA.! Income producing properties of this type are hard to find. Contact the agents for rental income and property brochure.   

Open house: Open house will be held on Sept 11, 2018 from 5:30 P.M. to 7:00 P.M. and Monday Sept 17, 2018 from 5:30 to 7:00 P.M. or by contacting one of the agents listed below.

Taxes: Currently the property was tax exempt for Real Estate Taxes as it is owned by a Government entity. The County Assessor estimates the future estimated taxes to be $4,800.00 per year.

Method of Sale: This will be an online only auction. Property will be sold in total dollars.

Possession: Possession will be on closing day November 1, 2018.

Terms: Successful bidders at close of auction agree to sign a purchase agreement within 24 hrs of final bidding closing with the following terms.  A $25,000 non refundable down payment will be due immediately following the auction and the remaining balance will be due in full on November 1, 2018. This property is being sold as a cash sale, with no finance contingencies. Full payment will be due and payable on closing day when clear and merchantable title will be given to the buyer(s). Buyer(s) agree to honor the current owners agreement with Section 8 housing  This property is being sold as is where is with all defects and no warranties are expressed or implied. Although all information is deemed reliable, all buyer(s) are encouraged to inspect the property and verify any information. All prospective buyers are encouraged to contact Rock Valley City Zoning for any permitted uses and future zoning questions. This property will be sold according to the terms in this ad and at zomerbid.com. The Sale is subject to the confirmation of the sellers and sellers reserve the right to accept/reject or negotiate final bid at close of auction. This transaction will only become binding upon written execution of purchase agreement between buyers and sellers. Auctioneers and Agents are representing the sellers in this transaction. Any announcements posted day of auction will supersede any advertising. Jenny Winterfeld-attorney for City of Rock Valley

 

City of Rock Valley, IA.–owners

 

Auctioneers and Agents:

Mark Zomer-712-470-2526     Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068--Ryan Zomer-sales-712-441-3970

Blake Zomer-sales-712-460-2552

 

 

 

 

 

 

 

 

 

When using our online auction services you are making firm commitments to purchase said item(s) and are entering into a legal and binding contract. Bids may not be cancelled or retracted for any reason Non paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. You also acknowledge that the Internet may be an unreliable and error prone network. Zomer Auctions will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Zomer Auctions and their employees harmless for any interruptions in online bidding. Further, the auctioneer has the sole discretion to accept or refuse any bid. Zomer Auctions retains the right, at our sole discretion, to add, delete or change some or all of our online services and the terms and conditions governing their online auctions at any time without notice. Please check back and review auction terms often. 

 Bidder responsiblities are but not limited to the following:

All bidders must provide their name, email address, daytime phone number, physical address at which they can be contacted for timely and accurate communication between Zomer Auctions and purchaser throughout any transaction or auction. 

bidders will be responsible and must obey any and all local, state and federal laws any/all violations will result in termination of bidding and website use priviledges with this auction company.

 


1
5 Unit Apartment Complex Located At 1000 19th Ave., Rock Valley, IA
Online Only Auction of 5 Unit Apartment Complex    This is an excellent opportunity to purchase a very well maintained 5 unit Apartment Complex Located in Rock Valley, IA. with several ...