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WAREHOUSES ABSOLUTE AUCTION

Auction Description

ATTENTION: MANUFACTURERS & WAREHOUSE INVESTORS!

4 Warehouses & 1 Single-Family Residence SELLING REGARDLESS OF PRICE! ~

Offered in (5) Tracts & Any Combination ~ Live, Online Bidding Available!

 

AUCTION LOCATION:  All Properties will be Sold from 205 E. 2nd Avenue, Pine Bluff, AR 71601

 

REAL ESTATE DESCRIPTION:  The Properties Described below give the Investor/User Different Building Types & Configurations to meet many Different Needs!

 

(TRACT 2) 504 Rhinehart Road ~ 2 Warehouse Buildings Containing 33,310+/- SF w/Sunken Loading Ramps for 2 Trucks on 2.05+/- Acres ~ Main Building has 3 Overhead Doors & the 2nd Building has 2 Overhead Doors.

(TRACT 4) 205 East 2nd Avenue ~ Warehouse/Office Building Containing 66,895+/- SF on 1.44+/- Acres w/ 5 Overhead Doors & an Enclosed Sunken Loading Ramp for 2 Trucks.

SOLD IT!  SOLD IT!  SOLD IT!  (TRACT 5) 2720 West 6th Avenue ~ Warehouse Building w/ 13,000+/- SF on 1.13+/- Acres ~ Currently Rented for $675.00 Per Month.

(TRACT 6) 205 South Michigan Street ~ Masonry & Metal Warehouse Buildings Containing 188,183+/- SF on 13.91+/- Acres ~ NOTE: Evidence of Mold has been Noted in this Building.

(TRACT 7) 307 South Michigan Street ~ 7,625+/- SF, Pre-Engineered, Steel Warehouse Building w/ 28+/- Ft. Sidewalls on 8.2+/- Acres.

(TRACT 8) 208 East 21st Avenue ~ 3 Bedroom, Single-Family Home w/ 1-Car Carport on 60x154 Ft. Lot ~ Recently Rented for $475.00 Per Month.

 

All Properties will be Sold from the 205 E. 2nd Avenue Property ~ REMEMBER, THESE TRACTS ARE SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Offers Made Prior to Auction Day are Welcome!

 

INSPECTION:  Properties can be Viewed by Appointment ~ Contact Broker, Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com ~ Auctioneers will be On-site at 9:00 a.m. for Inspection on Auction Day.

 

 

 

CLOSING COMPANY:  Jefferson Title Company ~ Closing Agent: Kay Beverly ~ 715 West 5th Avenue, Pine Bluff, Arkansas 71601 ~ (870) 540-4927 ~ Fax/ 540-1267.

 

REAL ESTATE TAXES FOR YEAR 2021: 

(TRACT 2) 504 Rhinehart Road

$1,194.00

 

(TRACT 4) 205 East 2nd Avenue

$3,122.00

 

(TRACT 6) 205 South Michigan Street

$5,523.00

 

(TRACT 7) 307 South Michigan Street

$2,264.00

 

(TRACT 8) 208 East 21st Avenue

$245.17

School District – Pine Bluff

 

TERMS:  (TRACT 2) $25,000.00 ~ (TRACT 4) $35,000.00 ~ (TRACT 6) $20,000.00 ~ (TRACT 7) $10,000.00 ~ (TRACT 8) $5,000.00, All in the Form of a Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

Property Location

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