June 25 - Apartment House Real Estate Auction

APARTMENT HOUSE REAL ESTATE AUCTION

2 Apartment Houses Selling together as one unit
12 Apartments in All Near UCO College

SOLD IN ONE DAY THE AUCTION WAY
SALES PRICE $625,000.00

Auction Date: Thursday June 25th, 2015 at 11:00 AM

Open House Inspection: Wednesday June 24th 11AM till 2PM
Auction Site: 319 & 325 East Edwards St Edmond, Oklahoma 73034
(Across the Street from UCO College)

(Directions) In Downtown Edmond At Broadway & East 2nd Street
go East 2 Blocks to Boulevard then North 5 Blocks to Edwards
then East 2 Blocks to the Auction Site

 

 

These 2-2 Story Brick Apartment Houses are being Sold to Close out
the Margaret Millington Estate, Each Building has 6 Apartments 
319 E Edwards has 1-3 Bed 2 Bath Apt, and 2-2 Bed 1 Bath Apts
and 2-Efficiency Apts and 1-1 Bed 1 Bath Apt
325 E Edwards has 2-2 Bed 1 Bath Apts and 4-1 Bed 1 Bath Apts
Each Apt has a Window Unit Air Cond & Wall Unit Gas Furnace
(All 12 Apts have a new Wall Gas Furnace)

Real Estate Taxes are $1,164.44 on 325 East Edwards
and $1,179.64 on 319 East Edwards
Total Insurance on the Two Properties is $6,026.10

TERMS:$35,000 Down Auction Day with the Balance due at
Closing in 35 Days, Title Ins, Abstracting & Closing Cost are
split evenly between the buyer and seller, If the Buyer gets a loan
any cost associated with the loan is paid by the Buyer, If Buyer
fails to close for any reason they will forfeit their Deposit.

319 & 325 East Edards, Edmond, Oklahoma
Owned by the Millington Estate

Apartments, Bedrooms, Rent

Apt 1 $1200.00 Per 4 people an extra $100.00 per person is added for extra people. 4 Bedroom 2 Bath dishwasher and washing machine.
Apt 2 $600.00 2 Bedrooms 1 Bath
Apt 3 $550.00 2 Bedroom 1 Bath. This guy does security work around apartment houses to keep undesirable people out of the area and watches illegal parking and gets a break on rent
Apt 4 $800.00 2 Bedroom 1 Bath
Apt 5 $500.00 Efficiency Apt with 1 Bedroom 1 Bath
Apt 6 $500.00 Efficiency with 1 Bedroom 1 Bath
Apt 7 $850.00 Large 2 Bedroom 1 Bath new wood floors new tile in Bath room
Apt 8 $600.00 1 Bed 1 Bath lots of built ins
Apt 9 $600.00 1 Bed 1 Bath new wood floors
Apt 10 $750.00 2 Bedrooms 1 Bathroom
Apt 11 $600.00 1 Bedroom 1 Bath
Apt 12 $600.00 1 Bedroom 1 Bath new wood floor