Amended 5/9/13: Information in the Property at a Glance (Invitation to Bid) was amended for year built and amenities.
This two-story apartment complex was built in 2005. Located on approximately 9.13 acres, this complex is comprised of 7 buildings, offering 48 one-bedroom and 64 two-bedroom units.
Apartment features include: air conditioning, dishwasher, washer/dryer, garbage disposal, refrigerator, electric range/oven, ceiling fans and blinds.
Community features include: fitness center, covered parking, playground.
A $75,000 Earnest Money Deposit is required for bidding at the foreclosure sale.
A $68,790 Letter of Credit is due at closing to ensure the completion of repairs within 12 months of closing.
The foreclosure sale does not include any tenant or project-based section 8 rental assistance.
HUD is not offering financing; this is an "All-Cash;As-Is" sale.
An Open House is scheduled for May 16, 2013 from 10 am until 2 pm (local time.) Contact information for the Open House is provided in the Invitation to Bid. Interested parties are urged to review the Invitation to Bid (bid kit) prior to submitting a bid at the foreclosure sale.