480 Hwy 7 Eddy, Texas 76524
March 19, 2016 — 10:30AM
The Avalon center has closed its doors. The have commissioned us to liquidate all personal property @ Absolute Auction. The real estate will be offered subject to owner confirmation. The company doesn’t need this multi-use property. We do expect to sell this great piece of real estate on sale day. Please read the real estate terms and conditions, and come prepared to buy.
Photographs can be viewed here.
REAL ESTATE(To be offered approximately 12:00 Noon)
10.489 Acres F Scranton A0317 Falls county, Texas
The Heritage House has 8140 square feet which includes thirteen bedrooms, many shared
Bathrooms, two living areas, offices, & storage rooms.
Brick building has aerobic septic system & a large ranch style veranda.
An 1800 square foot brick building is now being used as an office.
Included are two cottages that have two bedrooms, a shared bath & living room.
Property features approximately 1600 feet of Highway 7 road frontage.
The tax value of this real estate is about $481,000.
Corporation is selling at auction to cease operations and close within 30 days from Auction day.
There are so many different uses for this property we cannot start to name them. Truly a multi-use property.
Contact Towne Adams, real estate broker at 254-744-4558 for real property details.
BROKER PARTICIPATION INVITED
A 2% commission will be paid to the licensed broker whose prospect pays for and closes on the property. To qualify for a commission the licensed broker must; Register the prospect on company stationery with the prospects signature and the signature of the broker or sales person by fax within 12 hours of the auction to (254) 662- 4700.
The participating broker or sales person must register at the auction with the prospect.
A legitimate-reasonable opening bid must be submitted by fax to (254) 662-4700 within 12
Hours of the auction. To qualify the opening bid must equal to 50% of the selling price.
REAL ESTATE TERMS AND CONDITIONS
All real estate will sell subject to owner confirmation. However, as we previously stated we do expect this property to sell on auction day.
On sale day the successful buyer must pay 20% down in two (2) separate 10% irrevocable and nonrefundable payments. One being a 10% buyer’s premium to Garner & Associates, the other being 10% earnest intent irrevocable and nonrefundable escrow deposit with the closing being no more than (30) thirty days from the date of the auction.
Real estate is sold as-is subject to all defects. No warranty is expressed or implied. Each buyer is responsible for securing their own financing. This property will not be owner financed. The sale of this property is not contingent upon financing.
All information in this brochure is derived from sources believed to be correct, but not guaranteed. All property dimensions are only approximations. Buyers shall rely upon their own judgment, information, and inspection of the property and records.
Property taxes to be pro-rated to date of closing.
Porter-Cable small air compressor
Several Craftsman lawn mowers
Several aluminum ladders
Yard & shop tools
2008 Jeep Grand Cherokee Laredo, 162,374 miles, like new rubber
2007 Chrysler, mileage 269,147, great rubber
1999 Chevrolet 1500 Suburban, 171,732 miles, like new rubber
Pero utility trailer, about 6’X12’
PORTABLE BUILDING/SPECIALTY ITEMS
Morgan Building about 12’X14’
Several Mountain bikes, good condition
(8) Small child’s bikes
4 Boxes new sports bras
Commercial coffee pot
SS bakers rack
Several washers & dryers
13ct. Bunk beds
32ct. Chest of drawers
Several couches, loveseats, and chairs
Numerous small flat screen TV’s
Visio 40” TV
3ct. Office refrigerators
Folding tables, numerous
Office chairs, numerous
4ct. Desks, Mahoney w/leather tops several
Office desk chairs
Filing cabinets, two & four drawer
Metal folding chairs
Numerous rugs and wall art
PLUS MUCH MORE!
AUCTION SALE TERMS AND CONDITIONS
- All purchases must be paid in full on sale day.
- Out of state checks must be accompanied by an irrevocable bank letter of guarantee.
- In state checks accepted with valid driver’s license and one other form of ID.
- All items are selling with no warranty or guarantee expressed or implied.
- Please try to remove all items on sale day.
- We are agents and agents only. Any warranties are solely between the buyer and the seller.
- Inspection begins about two hours before the auction begins.
- 10% Buyers Premium
10% Buyers Premium
Garner & Associates Auctioneers
Ronnie Garner TX 7316
Waco Auction Group
Randy Solberg TX 12677
TX Broker # 0335690
Members Texas Auctioneers Association