800.329.0036 info@karlindaniel.com

3 INCOME PRODUCING MOBILE HOMES


Since B.G.L. Henry Investment Group is liquidating its real estate assets, Karlin Daniel and Associates has been authorized to sell the following income producing property at public auction to the HIGHEST BIDDER, REGARDLESS OF PRICE!

LIVE ON-SITE AUCTION
Began: 12/09/09 at 4:00 PM EST
Location: google pin icon 1140 Kerri Lynn Road, St. Augustine, FL

Directions: From the intersection of US 1 and State Road 207, go southwest on SR 207 for 1 1/2 miles to S. Holmes Blvd., then north 1/2 mile to Kerri Lynn Road and follow the auction signs.

AREA AMENITIES

  • St. Johns County schools
  • 2 1/2 miles to St. Augustine Historic District
  • Minutes to shopping, restaurants and movie theaters
  • 3 miles to I-95

    POSSIBLE USES
    ● Single family residence
    ● Manufactured home

PROPERTY FEATURES

  • $1,400 per month income potential (based on full occupancy)
  • (3) 2 bedroom/1 bath, manufactured homes with separate electric meters/ service and septic tanks
    A. 1970 Fleetwood, 790 square feet, previously rented for $600/month
    B. 1972 Adam, 585 square feet, leased through May 14, 2010 for $400/month
    C. 1967 Park, 510 square feet, leased month-to-month since 2007 for $400/month
  • One shared well with separate meter/service paid by the landlord
  • County RHM – Residential Manufactured/Mobile Home zoning
  • Future Land Use – MD- Mixed Use Development
  • 1/2 acre lot
  • 101’ frontage on paved road
  • Mature pines

AUCTIONEER’S NOTE

If you are an investor looking for a return on your money or you’re just looking for affordable living in an urban area, this auction offers the rare opportunity to buy this property at your own price!

AUCTION TERMS AND CONDITIONS

● OPEN TO THE PUBLIC.
● Sells to the HIGHEST BIDDER, REGARDLESS OF PRICE!
● 10% buyer’s premium charged.
● Sells on an “AS-IS” basis.
● Auction conducted on-site, rain or shine.
● $2,500 cash, cashier’s check or check with a Bank Letter of Guarantee must be displayed to bid.
● 10% deposit collected day of auction.
● Balance due at closing within 30 days.
● Possession with deed.
● Real estate taxes to be paid by the seller through December 31st, 2009 and the buyer thereafter.
● Rent to be paid to the seller through December 31st, 2009 and the buyer thereafter.
● All closing costs shall be at the expense of the buyer.
● Inspection by appointment. Call Alan Frenkel, Ext 620.
● Bidder Information Package available upon request.
● Up to 2% Broker Participation available. Broker must register 48 hours prior to auction. Call to qualify.

Owners: B.G.L Henry Investment Group

Announcements made at auction take precedence over printed matter.

Karlin Daniel & Associates

4285 SW Martin Highway, Palm City, Florida 34990
Mailing Address: P.O. Box 1035, Palm City, FL 34991

Licensed Real Estate Broker * FL AB878AU1207
(772) 220-2557 or (800) 329-0036

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Karlin Daniel & Associates, Inc

http://www.karlindaniel.com

6495 SW Martin Hwy Palm City, FL 34991

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