• Excellent Potential Rental Portfolio • Great Opportunity for Fix & Flip Investors • Attractive Starter Homes 6 - Single Family Homes • 3 - Multi-Tenant Properties
Single Family Residential PORTFOLIO! 9 Properties in Tulsa & Broken Arrow, OK
Tulsa & Broken Arrow, OK - Tulsa County, OK
Tue, Aug 27, 2024 CENTRALAUCTION IS OVER
TOTAL SOLD: $1,268,800
| Tract(s): 1-9 | @ $1,268,800 |
Big G Properties has decided to sell their existing rental portfolio in the Tulsa Metropolitan Area, consisting of 6 single family homes and 3 multi-tenant properties located throughout the metro. The properties are well appointed in Tulsa & Broken Arrow with excellent opportunity for rental investors, fix & flip investors and individual home buyers alike. Whether you are looking to buy one property or add multiple properties to an existing portfolio, this is an exciting opportunity for all! Buyers may place bids on any individual property or combination of properties that fit THEIR NEEDS!
OPEN HOUSE/INSPECTION DATES
Properties 1-3: Tuesday, August 6th from 11:00am-1:00pm
Properties 4-6: Tuesday, August 6th from 1:30pm-3:30pm
Properties 7-9 Tuesday, August 6th from 4:00pm-6:00pm
Properties 1-3: Tuesday, August 20th from 11:00am-1:00pm
Properties 4-6: Tuesday, August 20th from 1:30pm-3:30pm
Properties 7-9 Tuesday, August 20th from 4:00pm-6:00pm
PROPERTY LOCATION
See Property Descriptions for Addresses
AUCTION LOCATION
Campbell Hotel Renaissance Square Event Center
2636 E 11th Street, Tulsa, OK 74104
TRACT DESCRIPTIONS
Tract 1: 0.2± ac 3756 W 44th Street, Tulsa - 1-Story Ranch Home, 3 Bedroom, 1 bath, 1034 sf, built in 1957, lot size 0.18 acres
Tract 2: 0.2± ac Duplex 1305 & 1307 S College Ave, Tulsa - 2 Bedroom, 2 Bath per side Total 1685 sf, built in 1930, lot size 0.16 acres
Tract 3: 0.2± ac 2 Single-Family Homes on One Parcel 1603 S Indianapolis, Tulsa 2 Bedroom, 1 Bath, 911sf, built 1934, 3408 E 16th Street, Tulsa 2 Bedroom, 1 Bath, 868sf, built 1934, lot size 0.17 acres
Tract 4: 0.2± ac Single-Family Home with Garage Apartment 1139 S Sandusky Av, Tulsa 2 Bedroom, 1 Bath, 1284 sf, built 1928, 1139 1/2 S Sandusky Ave, Tulsa, Studio Garage Apartment / 1 Bath 400 sf, lot size 0.24 acres
Tract 5: 0.2± ac 4724 E 6th Street, Tulsa - 2 Bedroom, 1 Bath, Single Family Home 1076 sf, built in 1945, lot size 0.16 acres
Tract 6: 0.2± ac 7487 E 2nd Street, Tulsa - 3 Bedroom, 2 Bath Single Family Home, 1360 sf built in 1953, lot size 0.18 acres
Tract 7: 0.2± ac 416 S 80th E Ave, Tulsa - 3 Bedroom, 1 Bath, Single Family Home, 1084 sf, built in 1954, lot size 0.17 acres
Tract 8: 0.2± ac 9211 E 5th Street, Tulsa - 3 Bedroom, 2 Bath Single Family Home, 1174 sf, built in 1962, lot size 0.21 acres
Tract 9: 0.2± ac 2517 W Greeley Street, Broken Arrow - 3 Bedroom, 2 Bath, Single Family Home, 1516 sf, built in 1974, lot size 0.23 acres
TRACT MAP(S)
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 5
TRACT 6
TRACT 7
TRACT 8
TRACT 9
AREA MAP(S)
PROCEDURE: Properties 1 through 9 will be offered in individual tracts, in any combination of these tracts, or as a total unit per auction date and time. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete. The property will be sold in the manner resulting in the highest total sale price.
BUYER'S PREMIUM: The purchase price will be the bid amount plus a 4% buyer's premium.
DOWN PAYMENT: 10% of the total contract purchase price will be due as a down payment on the day of auction, with the balance due in cash at closing. The down payment may be made in the form of cashier's check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. The auction bids are subject to the acceptance or rejection by the Seller.
DEED: Seller shall be obligated only to convey a merchantable title by Special Warranty Deed or an appropriate form of Fiduciary Deed, as applicable.
EVIDENCE OF TITLE: Seller agrees to make available to bidder a preliminary title insurance commitment to review prior to auction. The cost of title insurance, if the buyer(s) elects to purchase the title insurance policy, will be the responsibility of the buyer(s). Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar related matters. All tracts sold "AS-IS".
CLOSING: The closing shall take place 45 days after the auction or as soon thereafter as applicable closing documents are completed by Seller.
POSSESSION: Shall be delivered at Closing, subject to the rights of current tenants.
REAL ESTATE TAXES: 2024 taxes shall be prorated to the date of closing.
MINERALS: The sale of the Purchased Tracts will include the minerals currently owned by Seller, if any. However, no promise, warranty or representation will be made as to the existence or value of any minerals or the nature or extent of Seller's interest therein.
ACREAGE AND DIMENSIONS: All acreages and dimensions are approximate and have been estimated based on current legal descriptions, property tax records and/or aerial photos. Any corrections, additions, or deletions will be made known prior to the auction.
AGENCY: Schrader Real Estate and Auction Company, Inc. and their representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
NEW DATE, CORRECTIONS AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes or additions to the property information.
