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94 Unit Apartment Complex Auction
Thursday, February 18, 11:00 am
Indianapolis, IN · Marion County

Owner: TriTex Real Estate Advisors
Contact Sales Manager:
Rex Schrader
260-244-7606


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  • 94 Units on 6.7+/- Acres
  • Bethel Townhomes Apartments

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AUCTION LOCATION:
From I-70, exit 85 north for Keystone Avenue toward Rural Street, right on East Keystone, left on East 30th, right onto Baltimore to property on left.

PROPERTY DESCRIPTION:
Built ca. 1971 and zoned D611- Dwelling District Two , the garden-style apartment asset includes 12 two-story buildings, an 8,000+/- sf brick leasing/ clubhouse, and 153+/- parking spaces. There are 5+/- down units. Units are individually metered for electric and gas. Owner pays water, sewer, and trash. It consists of Parcel Numbers 1044651 and 1099882. # Type SF 64 2 BR/ 1.5 BA 796 30 3 BR/ 1.5 BA 1006 94 Total 81,124 SF
AUCTION TERMS & CONDITIONS:
Proof of Required Earnest Money Downpayment Funds required to bid , 10% Buyers Premium added to winning bid to determine sale price, 10% Earnest Money Deposit payable immediately after the auction, close no later than Thursday, March 18th, 2010.
Escrow and Closing Agent: First American Title, attn Carol Perry.
Broker Co-Op: 2% Commission Paid to Properly Registered Brokers

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