Bank Ordered Commercial Property in Natchitoches, LA For Sale at Online Only Auction
Industrial Warehouse, Office, Storage Facility – Investment Property with Income in Natchitoches Parish
Ended: 02/27/20 at 10:00 AM CST
Prime Commercial Income Producing Property
Industrial Warehouse, Office, and Storage Facility on 1.45+/- Acres
Current Rental Payments for 2/3 Buildings :
$250 & $450 Monthly
Three Buildings are constructed of steel on slab with metal siding/roof.
One building contains offices that are finished with sheetrock and tile floors. The offices are central heated and cooled.
The remainder of the buildings are open span warehouse type buildings.
Building 1 – 9,020 SqFt
Building 2 – 1,920 SqFt
Building 3- 2,030 SqFt
TOTAL – 12,970 SqFt
Electricity is provided by Cleco
Gas is provided by City of Natchitoches
Water is provided by City
Sewer is provided by City
Telephone is provided by AT&T
REAL ESTATE TERMS & CONDITIONS
REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online.
BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818
TAXES: Taxes will be pro-rated.