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Valley View Apts
200 Tenth Ave E
Lamberton, MN 56152
Is offered for sale at foreclosure: August 26, 2014
at 11:00 am (local time)
Location of Sale:
Redwood County Sheriff's Office
Law Enforcement Center
303 East 3rd Street
Redwood Falls, MN 56283
HUD Photo
Valley View Apts
200 Tenth Ave E
Lamberton, MN 56152
Is offered for sale at foreclosure: August 26, 2014
at 11:00 am (local time)
Location of Sale:
Redwood County Sheriff's Office
Law Enforcement Center
303 East 3rd Street
Redwood Falls, MN 56283
HUD Photo
Valley View Apts
200 Tenth Ave E
Lamberton, MN 56152
Is offered for sale at foreclosure: August 26, 2014
at 11:00 am (local time)
Location of Sale:
Redwood County Sheriff's Office
Law Enforcement Center
303 East 3rd Street
Redwood Falls, MN 56283
HUD Photo
Valley View Apts
200 Tenth Ave E
Lamberton, MN 56152
Is offered for sale at foreclosure: August 26, 2014
at 11:00 am (local time)
Location of Sale:
Redwood County Sheriff's Office
Law Enforcement Center
303 East 3rd Street
Redwood Falls, MN 56283
HUD Photo
Valley View Apts
200 Tenth Ave E
Lamberton, MN 56152
Is offered for sale at foreclosure: August 26, 2014
at 11:00 am (local time)
Location of Sale:
Redwood County Sheriff's Office
Law Enforcement Center
303 East 3rd Street
Redwood Falls, MN 56283

This three-story, mid-rise elevator, apartment complex was built in 1980.  Located on approximately 1.15 acres, this complex is comprised of a single building, offering 35 one-bedroom, and 1 two-bedroom units. 

Apartment features include: electric range/oven and nd refrigerator.
Community features include: community space and laundry facility.

A $ 25,000 Earnest Money Deposit is required for bidding at the foreclosure sale.
A $ 26,200 Letter of Credit is due at closing to ensure the completion of repairs within 12 months of closing.

A Project-Based Section 8 Housing Assistance Payment Contract covering 36 units is being offered with this foreclosure sale.  Project-based assistance is predicated on the availability of funds.

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. Contact information for viewing is provided in the Property at a Glance.  Interested parties are urged to review the Invitation to Bid prior to submitting a bid at the foreclosure sale.