AUCTION: November 16th, 2017

BANKRUPTCY SALE

Industrial Property located in mainly industrial area East of downtown Tulsa with easy access to Highway

Directions:  Exit US 412 Delaware Exit, W .2mi on E Admiral Pl to N Columbia, N .1mi to property at corner of King and Columbia.

15,680 SF Industrial Property

AUCTION DATE & TIME:
November 16th, 2017 1PM

AUCTION LOCATION:

2720 E King Pl

OPEN HOUSE / INSPECTIONS:

11AM-2PM, Thursday, November 2nd

BUYER-BROKER:

3% Buyer Broker Fee (Must register 24 hours prior to auction)

Brick and metal building built in 1957 with approximately 15,680sf. Building has multiple uses, Warehouse, Manufacturing, Storage, Automobile Shop etc.

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

Brick and metal Industrial building ideal for heavy machinery approximately 15,680 sf built in 1957 on .36Ac lot in a light industrial area. Currently has tenant with no lease in place, tenant may be willing to continue renting.

800 Amps Capacity, 3 Phase Power One

(1) Dock High Door- loading

(1) Grade Level Door with ramp

8” thick concrete floor in parts

22′ Sidewalls, Skylights ,Reznor Heaters, 25’Column Spacing

Zoned – IM

15,680 sf (per Tulsa County Assessor)

TAXES: $2,827(2017) 

UTILITIES:

  • Water:     City of Tulsa
  • Electric:   Public Service Co
  • Sewer:     City

All map & boundary illustrations are approximate

DISCLOSURES:

Property subject to any recorded easements

  

Terms & Conditions:

  • 3% Buyer’s Premium applies to this sale.  Buyers-premium is an additional fee (3% of high-bid amount) paid by the high-bidder.
  • All properties are being sold ‘as is, where is’ and are not subject to financing, inspections or any other contingencies.
  • CJ Auctions represents the seller only.
  • The high bidder must make a 10% (Min $5,000) non-refundable deposit on sale day (cash, personal or cashier checks)
  • Buyer will receive deed and title insurance.
  • Buyer will pay for (but not limited to) the closing fee, title policy. Taxes will be prorated through date of closing.
  • Balance and closing costs are due 30 days from Bankruptcy court approval
  • Sale is subject to court approval.
  • All bidders must register with CJ Auctions prior to bidding (registration is held 1-hour prior to auction) and provide a driver’s license or government-issued identification.
  • Absentee bidders must pre-register and qualify through CJ Auctions 48 hours prior to sale day.
  • All persons inspecting the property, attending an open house or auction do so at their own risk and shall not hold CJ Auctions or their agents liable for damages to their person or property.
  • ONLINE BIDDING: Individuals must wire 10% of opening bid amount (minimum $10,000) 48 hours prior to auction to be fully authorized to bid online. Contact CJ Auctions at 918 550 8118 for detailed wiring instructions.

 

 

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

Method of Sale: By the Dollar