REAL ESTATE
09/18/2010SEPTEMBER MULTI-PROPERTY/MULTI-SELLER AUCTION
09/18/2010
Auction will be conducted offsite by pictorial presentation at the:
LaQuinta Inn & Suites
11029 Dowlin Dr.
Cincinnati, OH 45241
COMMERCIAL & RESIDENTIAL PROPERTIES IN CINCINNATI AND NKY
PROPERTY #1
Stately home w/ 4+ acres
Ordered sold by owner
7275 Gracely Dr.
Cincinnati (Saylor Park), OH 45233
Directions: River Rd to Gracely Dr.
Inspect: : Wednesday September 15 (6:00 – 7:00PM), or by appointment with auction manager 513.678-7346.
This brick 2 story home has over 4 acres on seven (7) parcels of land. The stately home was constructed in 1885 and contains apprx. 3875 sf of living space with 11 total rooms, 4 bedrooms, 3 full bath rooms and 2 partial bathrooms. The various other rooms are divided into a formal living room, formal dining room, family room and large country kitchen. There is also a partial basement which houses the hot water boiler and hot water heater. The vacant lots are heavily wooded with many mature cherry, fir, spruce, and walnut trees. Outside is a portico, in-ground swimming pool, and water feature. The total current annual taxes on all the parcels is $7,271.95 on an assessed value of $348,900. Hamilton County PID # 1670002004900, 1670002011200, 1670002011400, 1670002011500, 1670002004500, 1670002005100, & 1670002017300. The property will positively sell at or above an aggregate high bid…….
Note: This property will be offered in 3 separate pieces and bidder selected combinations using our Infinity Bidding System. The offerings will be as follows:
- Tract #1
- PID # 1670002004900
- PID # 1670002011200
- PID # 1670002011500 (House & 2.636 acres)
- PID # 1670002004500
- PID # 1670002011400
- Tract #2
- PID # 1670002005100 (1.141 acre corner lot)
- Tract #3
- PID # 1670002017300 (0.542 acre corner lot)
PROPERTY #2
Burlington Executive Center
Lender Approved ABSOLUTE Auction
1655 Burlington Pk.
Florence, KY 41042
Directions: Off I-71/75 take exit # 181 (Rt. 18) west apprx. 2 mile
Inspect: : Wednesday Sept. 15 (11:00AM – Noon), or by appointment w/ auction manager 513.678-7346.
Beautiful partially completed 21,000 sf Executive Office Condo building with an apprx. 500 sf condo already sold and occupied. The building sits on a 1.41 acre lot which is owned by the condo association. The gross sf of the remaining units is approx. 16,800 sf divided as follows: lowest level (approx 3,200 sf) divided into 2 units – 1 finished and ready to sell/rent & 1 unfinished unit, the first floor (approx. 5,800 sf) has 4 units totally finished and ready to sell/rent and 4 units unfinished, ready for completion, while the available upper level (apprx. 7,800 sf) contains 3 finished units ready to sell/rent and 7 units ready for completion. Annual base condo fees are $2.84 per lineal gross sf. – not including any property management fees the association would choose to hire which could add to the dues amount somewhat. There is also an estimated 1500 sf of common area which includes 4 restrooms, conference room, waiting area, video surveillance room, equipment rooms, and staircases, which will be deeded over to the condo association after all closings.
These condo units will be offered as two packages – the finished units as a package and the unfinished units as a package. No units will be offered individually. Should the bidders desire to own both packages, they will have to be the highest bidder on each package – they will not be combined at the auction.
- Finished units (package #1) – Apprx. 7674 sf
- Unit #50 (Lower Level – 2142sf)
- Unit # 101,102, 103,104 (combined into1 unit) (First Floor – 1793sf)
- Unit # 105, 106 (combined into 1 unit) (First Floor – 700sf)
- Unit # 107 & 108 (combined into 1 unit) (First Floor – 1080sf)
- Unit # 217 & 218 (combined into 1 unit) (Second Floor – 1063sf)
- Unit # 227 (Second Floor – 447sf)
- Unit # 228 (Second Floor – 447sf)
- Unfinished Units (Package #2) – Apprx. 9548sf
- Unit # 75 (Lower Level – 1547sf)
- Unit # 113,114,115,116, & 117 (No dividing walls) (First Floor – 2121sf)
- Unit # 219 (Second Floor – 718sf)
- Unit # 220 (Second Floor – 655sf)
- Unit # 221 (Second Floor – 1139sf)
- Unit # 222, 223,224,225, & 226 (no dividing walls) (Second Floor – 2363sf)
- Unit # 229 & 230 (Second Floor – 1005sf)
Property will transfer free of any liens and with an insurable title
PROPERTY #3
1.2 Acre Commercial land
Ordered sold by owner at ABSOLUTE auction
E. Main St. (aka St. Rt. 28)
Milford, OH 45150
Directions: Off I-275 take exit # 57. Go west on St. Rt. 28 approx. 1.5 miles. (Property will be on right next to Big Lots and behind office bldg.)
Inspect: : Anytime.
A fantastic opportunity to purchase 1.252 acre vacant commercial land tract. This tract is located contiguous to Big Lots, behind an office building at 905 E. Main St (also known as St. Rt. 28) and is heavily wooded. The tract of land is zoned B-3 which allows for such uses as offices, rental halls, restaurants, retail businesses, clinics, clubs, convenience stores, etc. (See complete B-3 zoning on our website). Semi-annual taxes are $769.00 on a current assessed value of $62,800. The property can be found on the Clermont County Auditor website under PID # 210721.341.
Property will transfer free of any liens and with an insurable title
PROPERTY #4
Foreclosure Auction
Ordered sold by Hamilton County Court of Common Pleas – case # A0801510
6148 Argus
Cincinnati (College Hill), OH 45224
Directions: Corner North Bend Rd. & Argus Rd. (East of Hamilton Ave).
Inspect: : Wed. Sept 15 (1:30- 2:30 PM)
Built in 1942, this cute brick 1.5 story home features 5 total rooms of which there are 3 bedrooms, living room, kitchen, and a full bath. There is approx. 1314 sf of living space, full basement, and forced air heat w/ central air. The home also has a 1 car lower level basement garage. Taxes are $585 semi-annually on a current assessed value of $55,770. Hamilton County PID # 2360001002400.
Property will transfer free of any liens and with an insurable title
PROPERTY #5
NKY Commercial Property
Ordered sold by owner
6418 Dixie Hwy.
Florence, KY 41042
Directions: : I-275, exit #83 S/W to site or I-75 exit 182, Turfway Rd south to Dixie Hwy.
Inspect: : Wednesday September 15 (9:00 – 10:00AM)
The property is currently leased as an automotive sales lot. This well located property is on heavily traveled Dixie highway with good visibility and ample parking. Additional details of the property can be found with the Boone County PVA – PID #072.14-04-009.01. Current assessed value by the PVA is $400,000. The deed can be found in Deed Book 966 pg. 187.
Property will transfer free of any liens and with an insurable title
PROPERTY #6
22 Unit Multifamily
Ordered sold by owners
2535 Burnett Ave (aka 323 Hilton Pl)
Cincinnati (Corryville), OH 45219
Directions: Wm Howard Taft Rd to Burnet Ave.
Inspect: : Wednesday September 15 (11AM – Noon), or by appointment with auction manager 513. 207-0967.
Conveniently located on the bus line and near the University of Cincinnati, this multiunit apartment building is ready for the right person to make improvements to this architecturally blessed building. This well located building is situated across from a park on Burnet Ave in Corryville. This multifamily building has 22 single bedroom units. Total square footage is 12,680 with a basement and built in garage. Each unit has a separate electric meter and the owner is paying water and heat. Hamilton County Auditor PID is 0920001004600, recorded address is 323 HILTON PL (mailing address is 2535 Burnet Ave.). Current tax appraisal is $477,770.00 according to the Hamilton County Auditor.
Property will transfer free of any liens and with an insurable title
Property information packets are available below in PDF or by calling 513-724-1133.
To download Free Adobe Reader please click the link below.