491 E State Highway 76, Anderson, MO 64831

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Building Details:

491 E. Hwy 76 - Super 8 Hotel

Previously Valued:$1,350,000
Minimum Acceptable Bid:$849,000
Buyers Premium:2%
Price Slash:37%

Auction Location: 491 E. Highway 76, Anderson, MO
Auction Date: October 10, 2011, 12:00 PM
Inspection/Registration: October 10, 2011, 11:30 AM

Square Footage: 27150

Rooms: 50

Description:

AUCTION OF BANK OWNED PROPERTY! 2 story Super 8 Motel located in good visibility from Highway 71, which is a major North-South travel route. A total of 27,150 sq ft. Motel includes 50 rooms, a swimming pool, office/lobby area and a conference room. Building ONLY; buyer to assume ground lease for land.
PROPERTY MAY BE PURCHASED PRIOR TO AUCTION. Auctioneer: #2011014141 Broker:#2011014141. A buyers premium will be added to high bid to determine sale price; please see bidder's packet for more details. Non-refundable earnest money of 5% of the minimum acceptable bid due from the high bidder the day of auction. Cash closing, no contingencies.