***POSTPONED ONE WEEK*** Wednesday, Aug 12 at 2pm to Wednesday Aug 19 at 2pm
**** POSTPONED ONE WEEK*** 70 + units of single and two family residential structures located at multiple adresses within Springfield, Ohio.
33 units believed to be vacant.
Rents range from $515/mo. to $700/mo.
2019 property taxes reported at $143,785.
Appraised by County Sheriff at $2,430,000.
Minimum bid at auction $1,620,000.
Bidding shall open on Wednesday, August 12, 2020 at 2pm
Bidding shall close on Wedensday, August 19, 2020 at 2pm or at a time after 2pm following a 3 minute period of no bidding.
Deposit shall be $25,000 and is payable within 24 hours of auction.
10% Buyers Premium will apply.
Purchase is subject to Ohio Housing Finance Agency (OHFA) and Low-Income Houensing Tax Credit Restrictive Covenants.
Unfortunately, and as is common with Private Selling Officer Auctions, we do not have interior access to the properties.
Addresses, occupancy data and OFHA documents available following return of completed Non-Disclosue Agreement available by contacting Jeremy Pratt at 614-905-7858 / jgp@gryphonusa.com or Richard Kruse at 614-774-4118 / rfk@gryphonusa.com.
All information, photographs and descriptions have been received from third parties, believed to be accurate but are not guarnateed.
Prospective bidders MUST conduct their own due diligence.
Richard F. Kruse, Private Selling Officer
Bidding Notice:
All information, photographs and descriptions have been received from third parties, believed to be accurate but are not guarnateed. Prospective bidders MUST conduct their own due diligence.