Multi Building Apartment Complex Auction, Brookings SD

August 13, 2019 12:00 am

424 MEDARY AVENUE SOUTH, BROOKINGS SD

Directions

Auctioneer Notes

If you are looking for an exceptional investment opportunity with great income potential, this is an auction you will want to attend. For additional information or showings, contact the auctioneers or go to our website www.burlagepeterson.com. Broker participation welcomed.

Overview

Complex #1 (Medary Avenue Building) 424 Medary Avenue South, Brookings SD

This 2-story building includes eight 1-bedroom apartments.

Legal Description: GC Andersons Addn, S 126’ of OL “B” of Lot 1, City of Brookings, Brookings County, SD.

Complex #2 (Fifth Street Building) 923, 925 & 927 5th Street South, Brookings SD

This 2-story building includes four 2-bedroom apartments, one 1-bedroom apartment and four efficiency apartments. This complex also includes a residence w/4 bedrooms, 1 ½ baths, kitchen, living room and dining room.

Description

GC Andersons Addn, Lot 1 of OL “B” of Lot 1, City of Brookings, Brookings County, SD.

Terms

Cash. 10% non-refundable earnest money deposit due day of the sale on each complex with balance due on or before September 30, 2019. Title Insurance and Closing Fee split 50/50 between buyer and seller. Real Estate taxes to be pro-rated to the date of closing. This property is sold subject to existing easements, restrictions, rental agreements and sold subject to confirmation of owner. Information contained herein and all statements made herein believed to be accurate but not guaranteed. Properties sold as-is, where-is. Burlage Peterson Auctioneers & Realtors, LLC represents the sellers in this transaction.

Owner

THOMAS KEPFORD, CORINNE JACKSON, JULIE PEDERSON, JAMES KEPFORD

Additional Information

DOROTHY H. KEPFORD ESTATE – THOMAS L. KEPFORD, PR THOMAS KEPFORD, CORINNE JACKSON, JULIE PEDERSON, JAMES KEPFORD – OWNERS TERRY D. WIECZOREK, ATTORNEY FOR ESTATE AUCTIONEERS & REALTORS Jim Peterson 605-690-2674 Scott Peterson 605.690.0505 Lenny Burlage 605.690.0379 Tyler Burlage 605.695.3874 Burlage Peterson Auctioneers & Realtors, LLC 317 4th St., Brookings SD 605-692-7102 www.burlagepeterson.com

What our clients say about us!

Our family personal and farming operations have utilized Burlage Peterson Auctioneers and Realtors
for more than 30 years. They have provided exceptional support in the acquisition
and sale of both agricultural farmlands as well as personal real estate.
The firm has always provided individualized, professional support in all our
real estate transactions. They are market knowledgeable and always current on existing
and changing trends in the marketplace.Absolutely top notch! Highly recommend!

Burlage-Peterson helped us sell our house with their auction service.
Burlage-Peterson provided us with a great team to complete this process.
They were professional, respectable, and very caring of our needs from start to closing.

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