This two-story apartment complex was built in 1973. Located on approximately 4 acres, this complex is comprised of 8 buildings offering 7 one-bedroom, 24 two-bedroom, and18 three-bedroom units.
Apartment features include; air conditioning, garbage disposal, gas range/oven, refrigerator and blinds. Community features include; laundry facility and cable/satellite hookup.
A $50,000 Earnest Money Deposit is required for bidding at the foreclosure sale.
A $95,041 Letter of Credit is required at closing to ensure the completion of repairs. Repairs must be complete 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. HUD does not own or operate this facility and cannot grant access for viewing. Viewing is at the discretion of the current owner/management agent. Interested parties are urged to review the Invitation to Bid prior to submitting a bid at the foreclosure sale.