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Property Type: Commercial Property Purpose of Sale: Foreclosure Status:   Closed
   746 E. 16th, Mt Pleasant, Texas  75455 Auction ID : 100645   
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20,000 SF Bank Owned Warehouse
Location: 746 E. 16th
Mt Pleasant, Texas  75455
Time Left: Closed
Auction Date: Oct. 09, 2010
Time: 10:00 am
Winner(s) N/A
Description

Enormous banked owned commercial warehouse in Mt. Pleasant, TX. 746 E. 16th is approximately 20,000 SF of building space sitting on 7.239 acres. Property features quality frontage on busy 4 lane highway, upstairs offices, loading docks, and a 2 Bed/1 Bath 1104 SF house. House and Warehouse are selling together.

Property is located on Hwy 67 near industrial area and only minutes to Interstate Hwy 30. Investors and end users are both good candidates for the property.

Auction will be held On-site the morning of Saturday, October 9th at 10 a.m. Registration will begin at 9 a.m. You will need to bring a cashier check of $5,000 made payable to yourself in order to bid. The winning bidder will complete the Auction Sales Contract and submit earnest money deposit immediately following the auction. Please review the Terms and Conditions and Auction Contract below.

Please contact David Coleman with questions about the auction at 936-661-3411 or by email at david@colemanandpatterson.com

Take Advantage of Auction Prices from a Highly Motivated Bank Seller!!!
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20,000 SF Bank Owned Warehouse
Address Information
Street Address 746 E. 16th
City Mt Pleasant
State/Province Texas
Zip/Post Code 75455
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Property Information
Purpose of Sale Foreclosure

Bedrooms -

Bathrooms -

Heated Square Footage 20000

Lot Size 7.239 Acres

Year Built 2000

MLS # 9985772

Occupancy Unoccupied

Reoccuring Fees/Dues -

Property Shown By? Real Estate Agent(s)

Listing Agent
Name Michael Davis

Brokerage Firm Century 21 Landmark

Office Phone 903-572-1151

Cell Phone -

Fax -

Email -

Address -

Auction Basics

Buyer's Responsibilities

  1. 5% BUYERS PREMIUM or $1,500 (Whichever is greater) = Additional fee added to the final bid amount to equal the total contract price.
  2. $5,000 EARNEST MONEY - Deposit to be paid by cashiers check immediately following the auction.
  3. CLOSE IN 30 DAYS or risk loss of earnest money deposit.
  4. NOT CONTINGENT UPON FINANCING - have financial arrangements made before bidding.
  5. AS-IS/WHERE-IS - buyer assumes full responsibility as to condition and suitability.
  6. ALL PLACED BIDS will be held accountable for 7 business days from auction end date for sellers approval.
  7. DEFAULTING and/or fraudulent bidders are responsible for auction commissions plus collection and/or atty fees and will be reported to authorities.

Buyers Rewards

  1. SELLER PAID TITLE POLICY
  2. NO BACK TAXES
  3. NO LIENS
  4. NO ENCUMBRANCES
  5. HIGHLY MOTIVATED SELLER

This is only a summary. Please review the "Auction Sales Contract" and the complete "Terms & Conditions" below. Please contact our office with any questions prior to placing bids.

Auction Sales Contract Auction Sales Contract

Terms and Conditions Terms and Conditions
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The seller, candpauctions, assumes all responsibility for the contents of this listing
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