• Year Built: 1961
325 West Parkwood Drive is amulti-family property for lease in Dayton, OH.
To be sold Absolute with no reserve.
17 unit apartment building, brick construction, needs complete rehab. Capable of generating $90,000.00 in Annual Income. Contractor ready willing and able to quote and commence rehab. Management also available.
Approx 1080 SF per unit. 12 units are 2BR/1.5BA, 5 units 2BR/2BA.
Potential rents are $400-$450.00 +/- or potential for $7650.00 per month income.
Taxes approx. $2343.00 per half.
Online Auction only. Auction to close April 15, 2015 starting at 10:30 Am in conjunction with other properties.
For income/expense or other information, please contact Shawn Dostie.
Available for showing by appointment. For scheduling please contact Shawn Dostie.
Inspections in Dayton will be Saturday, April 11 starting at noon at 221 Helena Ave., Dayton. Interested parties will caravan to all properties and end by 3pm. Appointments are required. If there are no set appointments the caravan will not occur.
Terms and Conditions: Deposits: An initial deposit in the amount of $2,500 per property will be collected from the high bidders credit card at the conclusion of the auction. In the event the Initial Deposit of $2,500 is less than 10% of the total purchase price, an additional certified check making up the balance of a 10% deposit will be required to be delivered to Auction Firm the next business day following the conclusion of the auction along with the Purchase & Sale Agreement.
Closing is to be within 30 days. No contingencies. Properties sold as is where is with no warranty express or implied including merchantability for any particular purpose.
Buyers Premium: A 10% Buyers Premium will be added to the final bid price and included in the total sale price.
Complete Auction terms and conditions at auction site www.proxibid.com/gryphon
• No Reserve Online Only
• $90,000.00 annual income potential
• Rehab Special
• Inspections in Dayton will be Saturday, April 11 starting at noon at 221 Helena Ave., Dayton. Interested parties will caravan to all properties and end by 3pm. Appointments are required. If there are no set appointments the caravan will not occur. Contact Shawn Dostie.
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