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Cupluaq House
Lot 13, Block 2
Stebbins, AK 99761
Is offered for sale at foreclosure:
August 15, 2013
at: 10:00 am (local time)
Location of Sale:
U. S. Post Office
113 Front Street
Nome, AK 99762
HUD Photo
Cupluaq House
Lot 13, Block 2
Stebbins, AK 99761
Is offered for sale at foreclosure:
August 15, 2013
at: 10:00 am (local time)
Location of Sale:
U. S. Post Office
113 Front Street
Nome, AK 99762
HUD Photo
Cupluaq House
Lot 13, Block 2
Stebbins, AK 99761
Is offered for sale at foreclosure:
August 15, 2013
at: 10:00 am (local time)
Location of Sale:
U. S. Post Office
113 Front Street
Nome, AK 99762
HUD Photo
Cupluaq House
Lot 13, Block 2
Stebbins, AK 99761
Is offered for sale at foreclosure:
August 15, 2013
at: 10:00 am (local time)
Location of Sale:
U. S. Post Office
113 Front Street
Nome, AK 99762

This single story apartment complex was built in 2001.  Located on approximately .33 acres, this complex is comprised of one building, offering 5 one-bedroom units. 

The property is subject to a Lease Agreement with the City of Stebbins.  The City passed a resolution agreeing to amend the Lease Agreement to remove the elderly restriction.  Execution of the Amendment is not a requirement for closing.

Apartment features include: electric range/oven, refrigerator.

A $10,000 Earnest Money Deposit is required for bidding at the foreclosure sale.
Repairs to meet state and local codes and the Department's Physical Condition Standards are to be completed within 6 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.