Property is located at:
1317 & 1325 St. Rt. 28
Milford, OH 45150

ST. RT. 28 MILFORD, OH DEVELOPMENT OPPORTUNITY
LOCATION – LOCATION – LOCATION
TREMENDOUS PURCHASING OPPORTUNITY

The auction will be conducted live at the Auction Studio of Semple International.

1325 St. Rt. 28 according to the Clermont County Auditor has an assessed value for real estate taxes of $134,900 with current annual taxes of $3522.26. PID # 182403G096.

1317 St. Rt. 28 according to the Clermont County Auditor has an assessed value for real estate taxes of $44,300 with current annual taxes of $1442.90. PID #182403G093.

Property to be sold utilizing the Infinity Bidding system or multi-parcel method. This type of auction allows buyers to choose and bid on specific tracts or combinations of tracts. Bidders can bid on just one parcel or combinations parcels, according to their particular wants. When property is sold using this method, bidders will have the opportunity to bid on any individual lot or any combination of lots. The amount of the combination bids must be greater than the sum of any individual bids. This process continues until no more bids are made within a reasonable period of time as determined by the auctioneer.

Deposit: Purchaser(s) shall deposit 10% of full purchase amount at the conclusion of the auction and acknowledge all required paperwork including Purchase Contract, Demand Note, and Agency Disclosure.

Buyer’s Premium: A ten percent buyer’s premium shall be added to the high bid amount to determine the full purchase amount. By example, if your high bid is $2,000,000.00 your full purchase amount will be $2,200,000.00.

Closings: Closing shall on or before October 31, 2016. Time is of the essence.

Possession: Possession will be immediate at closing, subject to tenant’s rights. All rents will be prorated to date of closing and any/all deposits being held by Seller will be transferred at closing.

Closing Agent: Closings shall take place at a title company, bank, or attorney office of the purchasers’ choosing. Purchasers shall be responsible for all closing costs. Seller will transfer an insurable title.

Note: Techne Title Agency performed the preliminary title exam on this property. If you desire to save on some closing costs, they can conduct the closing with just a title update. Techne Title can be reached at (513) 831-3398, 400 Techne Center Dr # 400, Milford, OH 45150.

Infinity/Multi-Parcel Bidding System: This type of auction allows buyers to choose and bid on specific tracts or combinations of tracts. Bidders can bid on just one parcel or combinations parcels, according to their particular wants. When property is sold using this method, bidders will have the opportunity to bid on any individual lot or any combination of lots. The amount of the combination bids must be greater than the sum of any individual bids. This process continues until no more bids are made within a reasonable period of time as determined by the auctioneer.

Buyer Broker/Agent Representation: A 2% Buyer/agent commission available to all active Ohio licensed Brokers or agents. Broker/agents must register clients with auction firm prior to 12 Noon on September 28, 2016 to qualify for co-op commission. No buyer registrations will be accepted on the day of the auction. Call auction firm for acceptable forms at 724-1133 or visit our website at www. SempleSells.com.

BROKER / AGENT PARTICIPATION FORMS

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. Information contained herein was obtained from sources deemed reliable. Although every precaution has been taken to ensure accuracy, neither seller, Semple International, Inc. nor its 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). All properties are subject to additions, deletions, and prior sale.

Note: Most of the information on the property was derived from the County Auditor Website, management company records, and other public information areas. The auction firm and its’ staff member(s) disclaim any liability for erroneous information. Prospective purchasers are encouraged to conduct their own research on the property in which they are interested.

Tony Giglio, Apprentice Auctioneer
513-505-5222
tony@semplesells.com

Brent Semple, CAI, AARE, CES