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Description
SOLD
Previously Valued To: $525,000
Minimum Bid: $250,000
Buyer’s Premium: 6%
Cooperating Commission: 2%
Lot Size: Approx. 3.25 acres
Motel: 25 Rooms
Pin # 30 11 002 200 025 02 7 3
2015 Winter Taxes: $4,639.34
2016 Summer Taxes: $1,706.82
Currently operating for special events. Fully furnished motel with a variety of rooms: smoking and non-smoking rooms, king beds, queen beds, and two double beds. Each room has an air conditioner, refrigerator, and cable TV. New heating boiler installed in November of 2015 and a new domestic water heater installed in February 2016. Included is a 20′ x 30′ pole barn for storage.
Located 1 mile south of the Hillsdale City Limits; 4-minute drive from Hillsdale College; 12-minute drive from Highway 12.
Cooperating Broker Licensed in the State of Michigan: RE/MAX Preferred Realty, License #6505275985; Cathy Galloway, License #6502130587
To review the documents for this property, please follow these 3 simple steps:
- Register on our website or log in with your existing account.
- Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
- You may now download the document.
Total Bids Placed:
Auction has expired
Auction Expired because there were no bidsAuction started | November 10, 2016 12:00 am CST |
Auction Information
ONLINE-ONLY AUCTION
Bidding Starts: November 10, 2016 12:00 am CST
Bidding Ends: November 10, 2016 1:00 pm CST
Location: 1729 Hudson Road, Hillsdale, MI, 49242
How to Submit Pre-Auction Bid
Click on the Pre-Auction Offer Form button on the property page and submit your bid with proof of funds.
How to Register & Bid Online
Register: If you do not have an account on this website, click the “Sign-Up” button above and complete the brief registration form. We will then send you an email with a verification link that you must click in order to create a new account.
Important: You must be pre-approved to bid online. Follow these instructions to get approved to bid online:
BID APPROVAL PROCESS:
Review all information and due dilligence documents posted on the property listing on our website.
Read the Terms and Conditions and Purchase and Sale Agreement posted on the property listing on our website.
Wire or overnight the certified funds required to bid on the property (for amount required see Terms and Conditions).
Click the “Register to Bid” button.
You will receive an email notifying you that you have been approved to bid on the property.
If you have any questions, contact us. We would be happy to assist you.
For wiring instructions email: info@awproperties.com or call 847-509-2757.
There is a 6% Buyer's Premium in effect for this auction.
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