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Sold - $50,000.00
ABSOLUTE AUCTION
OCHAMPAUGH APARTMENT BUILDING
No
Minimum – No Reserve - Sells to the Highest Bidder!
Saturday,
November 25th, 2006, 2:00 P.M.
Auction Location: At the Apartment Site
503 S.
1st., Stockton, Ks.
Legal
Description: N/2 Lots 17, 19, 21, 23 & 25, Block 11
South of Main Street, City of Stockton
General
Description: Very Well Maintained 2 Story 6 Unit Brick
Apartment Building W/Full Basement, Central Air & Heat (New Units Approx. 7 Yrs.
Ago), 3 Apartments are 2 Bedroom W/Single Bath, 2 Apartments are 2 Bedroom W/2
Baths, 1 Apartment is a Single Bedroom and Single Bath, Common Laundry Area, New
Windows in 1997, New Roof Approx. 9 Yrs Ago. Elevator Service to all Three
Levels. Property also has a Single Car Detached Garage. Excellent Location!
Approx 1,880 Total Sq. on Each Level, Date of Construction 1952. This great
building is currently unoccupied but has GREAT INCOME POTENTIAL!
Terms &
Possession: 20% down day of sale with the balance to
be paid at closing. Possession will be granted immediately upon closing
Title
Insurance: Title insurance shall be used to prove
clear & merchantable title with the Buyer & Seller sharing equally the owner’s
policy expense. The mortgage policy, if required, will be the expense of the
buyer.
Taxes
All 2006 and prior years taxes will be paid in full by the
sellers. 2007 taxes and all subsequent years taxes will be the responsibility
of the buyer. 2005 taxes are; $827.10
Conditions: Buyers are encouraged to verify
details and view property prior to the auction. Announcements made day of sale
shall take precedence over printed material. This auction sale is not
contingent upon the purchaser's ability to finance the purchase. Consult your
loan agency prior to the auction.
SELLER; BARBARA OCHAMPAUGH
ESTATE, James Ochampaugh - Executor
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