Newly Renovated 13 Unit Building, Duplex & more! Enid, OK
MLS NOTE: This is a public auction. The price listed above is a low estimated value of what the property could sell for. The high estimated price is $500,000. INVESTMENT OPPORTUNITY * LOS PIMIENTOS APARTMENTS * 13 UNIT BLDG * DUPLEX * NEWLY RENOVATED * ENID OKLAHOMA ONLINE ONLY AUCTION Ending Date: Monday September 30th 6 P.M. Auction Location: 1502 and 1510 E. Broadway Enid, OK. This is a great opportunity for an investor to purchase an income producing 13-unit apartment complex with a 2-unit duplex next door. The 15 units are currently running about 90% occupancy bringing in $8,200 gross income. 1510 Apartments Details: 1: Occupied - 1-bedroom - $595 2: Occupied - 1-bedroom - $615 3: Occupied - 1-bedroom - $615 4: Being used as storage 5: Occupied - 1-bedroom - $640 6: Occupied - 1-bedroom - $615 7: Occupied - 1-bedroom - $600 8: Occupied - 1-bedroom - $550 9: Occupied - studio - $550 10: Occupied - studio - $500 11: Occupied - studio - $595 12: Occupied - 1 Bed - $595 13: Occupied - studio - $495 1502 Duplex A: Occupied-1-bed - $595 B: Occupied-1-bed - $575 Utilities: Avg. Electric per month $575.00 Avg. Water/Sewer per month $350 Avg. Gas per month $200 Remodel Information 5 - NEW MINI SPLITS 2 - NEW COMMERCIAL ELE. HOT WATER TANKS FURNISHED APPT 3,5,6,7,9,10,11,12, 13A REPLACED MAIN WINDOWS ON NORTH AND SOUTH END OF BLDG. REPLACED BASEMENT ENTRY DOOR REPLACED BALCONY FRENCH DOORS IN APPT 5 AND 6 4 - NEW SHOWER INSERTS NEW FLOORING IN NORTH AND SOUTH ENTRY WAYS PAINT FULL INTERIOR IN 1,2,3,5,6,7,9,10,11,12,13, A & B (Duplex) NEW PAINT IN HALLWAYS/COMMON AREA 4 - NEW REFRIGERATORS All deposits will transfer to new owner Laundry Income: $100.00 monthly Legal Description: Lots 6-8 Block 1 Arlington Addition. Garfield County Oklahoma. Possession: will be given at closing. Taxes: $5,000 Pre-Offers: All offers must be turned in on or before Wednesday September 18th 4PM. Co-Broke available on pre-offers only. Same terms as auction terms. Buyer's Premium: 5% will be added to the final bid price. Online Bidding: Will be available by logging on to lippardauctions, neither seller or auction company are responsible for loss of signal by either side. Terms: 5% of the total purchase price is to be placed in escrow the day of auction with the balance being due upon delivery of marketable title. All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding. All Real Estate is being sold "AS IS". Any changes made during online auction supersede all advertising Seller: Sarah Jones Owner/ Real Estate Agent