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Subject Property:
Landmark
Restaurant and Saloon and #6 liquor license
Auction by order of the
Secured Creditor
Property Was Purchased in 2001 For
$750,000. Utilities:
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The Landmark restaurant/bar in Christopher
Creek, AZ
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Class 6 liquor license
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Misc. restaurant/bar equipment included
with sale
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Lot Size: 13,000 sq.
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Building size: 5,624 +/- sq. ft.
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Gila County APN: 303-10-093 and 303-10-094
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Legal Description:
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Frontage: 166.7’ on Old Hwy 260
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Zoning: C2 (general commercial)
TERMS: $1,000.00 cash/cashier’s check
deposit made out to Cunningham & Associates Real Estate, LLC in order to
obtain a Bidder’s card. This deposit is refundable to all unsuccessful
bidders. 10% of successful bid must be paid in cash or cashier’s check no
later than 8/20/07, 12 PM to Security Title Agency. All Bidders are
encouraged to personally inspect the subject property prior to auction as
this property will be sold “as is” and “where is”. Close of escrow to occur
on or before 9/4/07. Security Title Agency shall be escrow company. All
closing documents must be signed and returned to title company no later than
8/31/07. Buyer to pay all escrow fees/title fees/recording fees. Bidders
must conduct all due diligence to satisfy themselves prior to bidding,
including on-site inspections, land investigations, and title searches.
Bidder understands Bidder is purchasing subject property in “as is”
condition and as such waives his/her review and approval of seller
disclosure statement. Seller guarantees subject property will convey to
Buyer free and clear of all liens and encumbrances. Above information is
deemed reliable, however it is the responsibility of each Bidder to confirm
above information prior to auction.
By signing below, the successful Bidder
agrees to the above terms and conditions, waives all inspections/surveys
after auctioneer says “sold”, and agrees to agency disclosure that
Cunningham & Associates Real Estate, LLC represents the seller exclusively.
Please note: Bidders must read the terms and
conditions for each property they are interested in prior to auction as the
deposit amounts and/or who the cashier’s check is made out to may be
different for each property to be sold in auction.
contact
carl@auctionaz.com for more
information |
