Commercial Real Estate Auction
Thursday, November 14th at Noon
Regisration & Preview Begin at 11:00AM
2701 Fairlawn Avenue
Dunbar, WV 25064
Massive Mobile Home Park on 44 Acres
Property Overview:
110 Trailer/RV/Camper Spots with Full Utility Hookups
44.16+/- Acres of Flat Land
Large Paved Parking Lot- Fits 100+/- Cars
Nearly 30 Acres of Undeveloped Land – Imagine the Possibilities
All Mobile Homes/RV’s Tenant Owned – Provides Less Management Responsibility for New Owner
Large Workshop with Nice Office, Kitchenette & Restroom
City Water, Electric & Gas Available
Rental Information Breakdown:
$550/Monthly for Mobile Home Lots
$100/Monthly for Parked RV & Campers (On Paved Parking Lot)
All Rents Are Current – Roughly 50% are Long Term Mobile Home Renters!
Fantastic Location
AMAZING Visibility off I-64 in Dunbar/Institute –between Exit 53 Dunbar & Exit 50 Institute – on Route 25 Providing Access to East & West
One Minute from Shawnees Sports Complex – The New Complex has Millions Spent on Improving the Area, Bringing in Tourists, Etc.
Near: West Virginia State University, Ben Franklin Middle School, Dunbar Middle School
A Great Location for Traveling Nurses – Large Hospitals Nearby
3 Separate Entrances off Fairlawn Avenue - Great for Multiple Business Ventures
Entrances with Fences to 30 Acre Tract: Near Armory, Middle of Mobile Home Park & Near Storage Units
Major Opportunities for Commercial Growth & Development in an Unincorporated Area
Additional Information & Details:
NO B&O Taxes – MAJOR Bonus – Unincorporated Land
Serviced By Institute Fire Department & WV State Police
30 Acres Previously used as Fairlawn Fairways Driving Range – Consists of 300 Yards with Some Tee Boxes & Street Lights Still in Place
List of Utilities Costs Can Be Provided Through Request – No P&L’s Available
Full Time Manger on Location 24/7 & Prefers to Continue Working
DEP Release of Dam Safety Rule (47-34-11) Has Been Met & Released – Copy by Request
Please note: Billboard Will Not Convey
Kanawha County – District 25, Map 34H, Parcel 16 & Map 35E, Parcel 49
Legal Description: 29.93 AC M/L Lot D Resub Kan Riv BTMS & 11.66 Ac M/L Lot C Kan Riv BTMS
10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding.
REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders) with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied.
Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the seller only.
DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.
Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding.
BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
We don't just list your property - WE SELL IT!
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
Joe R. Pyle, Broker
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
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