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MULTI FAMILY UNIT AUCTION! 8 - 1 Bed | 1 Bath Units
1601 Brooke Park Dr.
Toledo,
Ohio,
43612
Key Details
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PROPERTY DETAILS
MULTI FAMILY UNIT AUCTION! Min Bid $100,000. Bidding has started and will end on Dec. 18th at 4PM EST. An exceptional multi-family investment opportunity! This rare auction features five professionally managed apartment buildings, each offering 8 units for a total of 40 units in one convenient West Toledo location. These properties boast a strong 93% occupancy rate (37 of 40 units currently rented) and are highly sought-after by investors seeking stable income and portfolio growth. Each building ranges from 6,000 to 7,000 square feet, featuring a mix of 1- and 2-bedroom units sized from approximately 620± to 870± square feet. Many units have been remodeled, adding to their long-term appeal and rentability. Due diligence package available upon request.
PROPERTY DOCUMENTS
TERMS & CONDITIONS
An earnest money deposit of 10% in the form of wire transfer is required within 24 hours of auction by Purchaser to Midland Title Co or a cashier's check delivered to Midland Title. Failure to adhere to the terms and conditions of the auction will constitute default and the Purchaser will be in breach of contract. Purchaser will be responsible for all legal fees and damages associated with the breach of contract from Beth Rose Auctions, LLC and the Seller. 10% Buyer’s Premium will be added to the final bid to establish the final sales price. No contingencies will be added to the Auction Purchase Agreement and no changes can be made. All agreements are considered cash. If financing is obtained by the purchaser no contingencies will be made by the seller.