Iron Horse Auction Company
Commercial Real Estate, Foreclosure & Bank Real Estate, Industrial, Business Liquidations
November 18 - December 2 - 11:00 am Eastern
1202 River Oaks
Richmond Hill, GA 31324
Online Real Estate Auction
Click Here For The Virtual Tour
Online Only Auction!
Rowell Auctions, Inc.
P.O. Box 3428
Moultrie, GA 31776
Online Only Auction
Click Photo At Left for Complete Terms and Conditions and Additional Photos
This property is selling subject to prior sale
Property Type: CONDO
Home Owners Association: $275 / Month
Approx Year Built: 2006
Lease: $1500 / Month
Description: Executive lower level condo featuring 3 bedrooms and 2 bathrooms nestled under majestic oak trees with lagoon views. Features include study, laundry room, large open living room, formal dining room, family room with fireplace that includes gas logs & tile surrounds, plus a spacious kitchen with lots of cabinet space and storage. Relaxing screened in back porch for those cool fall nights. Brick exterior and wrought iron trim plus 2 Car attached garage and additional parking pad. A must see!Currently Leased, selling subject to tenants rights in possession.The community features walking/bike paths, swimming pool with an expansive paved patio full of seating, a fitness facility, river house and more. The River House opens to a brick patio with breathtaking views of the Ogeechee River, grills and a brick fire pit and 25 private boat slips available for lease to River Oaks residents.
Directions: Interstate 95 to exit 90.Travel east on Hwy 144 past Publix.Turn left into River Oaks.Follow road around to the right and building 12 will be on the right.Please contact listing agent for gate code.
GPS: 31°54’30.04"N / 81°16’22.63"W
Click here for Map of Property
Sunday November 22nd 1:00-3:00pm
Sunday November 29th 1:00-3:00pm
For more information on this property please contact:
Prudential Coastal Georgia Properties
3766 Coastal Hwy. 17, Suite 105-106
Richmond Hill, GA31324
Terms & Conditions
ALL PROPERTIES ARE SUBJECT TO PRIOR SALE
Contract For Sale of Real Property: Each property is offered under the specific terms provided in the contract. The Contract For Sale of Real Property is available at www.rowellauctions.com for each specific property. Please read and review the contract thoroughly prior to bidding on any property. If you have not read and reviewed the Contract for Sale of Real Property, Do Not Bid!
Auction End Times: All Rowell Online Only Real Estate Auctions are timed events. Auctions with multiple properties have staggered end times with 5 minutes between each ending.
Example: An auction scheduled to end at 10:00 a.m. will close the first property at 10:00 a.m., the second at 10:05 a.m., etc. Rowell Online Only Real Estate Auctions also have an auto extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 10:00 a.m. receives a bid at 9:59 a.m., the close time of the auction automatically extends to 10:09 a.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.
Property Groups: Several Property Groups have been compiled within this auction. When property groups exist, bidding will remain open on the entire group until no property within that group receives a bid for a 10 minute period. All properties within a group will close at the same time. Property groups are as follows:
GRP1: Properties 091315 – 091316 Patriot Blvd Commercial Lots
GRP2: Properties 091346 – 091352 Green Cove Springs Lots
GRP3: Properties 091396 – 091423 Parkside at Rice Hope Lots
GRP4: Properties 091533 – 091537 Timberland Plantation Lots
GRP5: Properties 091538– 091145 Timberland North Lots
GRP6: Properties 091164 – 091541 Gatlin Creek Trails Lots
GRP7: Properties 091508 – 091555 Franks Creek Lots
GRP8: Properties 091473 – 091490 Sweet Briar Lots
GRP9: Properties 091431 – 091434 Clay Street Commercial Properties
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Rowell will reject the registration, and bidding activity will be terminated.
Terms: At the close of the auction, successful bidders will be emailed a contract to be executed and returned to Rowell Auctions. Successful bidders will deposit $5,000.00 per property in the form of cashier’s check or wire transfer with the on-site broker listed for the specific property. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees.
Buyer's Premium: A 10% buyer’s premium will be added to the bid price to determine the final contract price.
Buyer’s Premium Example:
Bid Price: $100,000
Plus 10% Buyer’s Premium: $10,000
Total Contract Price: $110,000
Contracts: Contract Documents will be sent by e-mail to the successful bidder, who must execute and fax or email back to the onsite broker within 48 hours of the end of the auction.
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.
Auction Bid Default: In the event a winning bidder fails to submit the signed “Contract for Sale of Real Property” and $5,000 per property earnest money deposit as provided in the pre-stipulated Auction. Terms, the winning bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. Additional default remedies are reserved by Rowell Auctions, Inc. and the Seller as provided in the Auction Terms & Conditions and the “Contract for Sale of Real Property”.
Time being of the essence, these sales shall be closed on or before December 31, 2009. The seller will pay for preparation of the deed of conveyance, and all ad valorem taxes up to the date of closing. HOA fees and condominium assessments, if any, will be prorated up to the date of closing. The purchaser will pay all other closing costs associated with this sale.
Please contact property specific cooperating brokers for open house dates and times or to arrange a private showing.
Broker Participation: A two percent (2%) bid price commission is available to properly registered brokers. A Broker Participation Form with complete instructions is available at www.rowellauctions.com
Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as buyer’s agent. Rowell reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time.
Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer’s knowledge. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold “AS IS” with any and all faults. Please review all information supplied, and seek appropriate assistance prior to bidding. Note: Under Title X, the purchaser of a single family residence built before 1978 has a maximum of 10 days to inspect the property for the presence of lead-based paint. The period for the inspection begins November 7 through November 16, 2009. All bidders must sign a waiver of the 10 day post sale inspection period.