ABSOLUTE REAL ESTATE AUCTION
08/18/201130+ ACRE INDUSTRIAL PARK
&
MULTIFAMILY PROPERTY
08/18/2011
Auction will be conducted OFF SITE at:
REYTON INN
6147 W. State Route 122
Middletown, OH 45005
ABSOLUTE AUCTION
30+ ACRE INDUSTRIAL PARK
&
MULTIFAMILY PROPERTY
PROPERTY #1
30.77 acre Industrial Park
Butler County Court of Common Pleas – case # CV2009-05-2339
Franklin Madison Rd (located between 6795 and 6847 Franklin Madison Rd)
Middletown, OH 45042
Directions: Off I-75 take State Route 122 (exit #32) west to State Route 4 North to Thomas Rd. Turn right onto Franklin Madison Rd.
Inspect: : Monday August 15 (12 Noon-1:00PM)
This 30.77 acre parcel is zoned M-2, Light Industrial. It is partially improved and ready for completion. The property is serviced by all public utilities and is improved with 4 all steel 60’x100’ buildings which were constructed in 1982. Each building has 1 overhead dock door. There is also 16.5 acres of vacant tillable land that is level and is leased for farming until April 1, 2013 @ $825.00 per year. Two of the buildings are leased until January 1, 2013 at an aggregate rent of $1500 per month. Semi-annual taxes are $2,402. Butler County PID # E2210010000017.
The property was appraised for the Estate at $465,000 and the Auditors assessed value is $402,000.
ABSOLUTE AUCTION
PROPERTY #2
Multifamily Apartment Building
Butler County Court of Common Pleas – case # CV2009-05-2339
1721 Lawn Ave. (corner Lawn Ave & Pearl St)
Middletown, OH 45044
Directions: Off I-75 take State Route 122 (exit #32) west to South on University Blvd to Yankee Rd to Lawn Ave.
Inspect: : Monday August 15 (10AM – 11AM)
This brick 4 family building was constructed in 1970 and sits on 2 lots. Each apartment is townhouse style and contains 2 bedrooms and 1 Bathroom. Although it will need some TLC, there is currently 2 units currently rented for $700 per month on a month to month basis w/ the tenants providing kitchen appliances and paying own utilities. Each unit has separate meters and gas forced air furnace.
This property should make someone an excellent investment opportunity. The property is serviced by all public utilities and the semi-annual taxes are $1,519, based on the Auditors assessed value of $137,270 and it was appraised for the Estate at $118,500. Butler County PID # Q6542039000184 & Q6542039000183.
ABSOLUTE AUCTION
PROPERTY #3
Ordered SOLD by owner
Corner Greenbush Rd & Greenwood Rd.
W. Elkton (Preble County), OH
Directions: Trenton Franklin Rd. to Michael Rd to right on Middletown Eaton Rd (Rt 122) to Greenbush Rd. Go 2.3 miles to corner of Greenbush Rd. & Greenwood Rd.
Inspect: : Anytime
Located in Gratis Township is this 3.5 acre lot at corner of Greenbush Rd & Greenwood Rd. Semi Annual taxes are only $233.00 based on an auditor assessed value of $29,900.00. PID # C07432830000004000
The property was appraised for the Estate at $465,000 and the Auditors assessed value is $402,000.
ABSOLUTE AUCTION
Property information packets are available below in PDF or by calling 513-724-1133.
To download Free Adobe Reader please click the link below.