Timberline Commercial Strip Center
Online Only Auction
Timberline Commercial Strip Center

Strobbe & Co

2110 HWY 62/412 Track 1 & Track 2
Highland, AR 72542
 

Date(s) 11/26/2018 - 1/16/2019

11/28/2019 to 01/16/2019 Online Only; Ends at 4:00 PM CST

Past Auction
Online-Only Auction
Catalog
View Catalog (2 Lots)
Bidding Notice:

No Buyers Premium-Property Sold AS-IS, with no Contingencies.

Auction Information
Name Timberline Commercial Strip Center
Auctioneer
Strobbe & Co
Type Online-Only Auction
Date(s) 11/26/2018 - 1/16/2019
Auction Date/Time Info
11/28/2019 to 01/16/2019 Online Only; Ends at 4:00 PM CST
Preview Date/Time Call to setup preview / inspection dates. Due to tenants business hours, a planned showing will have to be scheduled
Checkout Date/Time Contract and non refundable deposit due at the conclusion of the auction.
Location
2110 HWY 62/412 Track 1 & Track 2
Highland, AR 72542
Buyer Premium 10% Buyer Premium added to ALL items.
Description
Commercial Investment Property AUCTION opportunity on Hwy 62/412 in Highland, Arkansas. County Parcel # 001-07156-000 containing 2.05 +- ac (TRACK 1 OPTION) The Timber Line Strip Center is occupied with long term tenants in a high traffic area near Highland High School, Centennial Bank, Grocery Store, Red Mule Convenient Store, and medical facilities. Put your money to work for you with the great rental return from the Bakery, Hair Salon, and Office units in this center. The property was completely remodeled in 2008. The property parcel can be bought in its entirety or separated out. Track 1; the improved property will contain approximately .65 acres to be surveyed if purchased separately. The property includes three commercial units, large parking lot, and storage shed beside the building that could also be rented for additional income. (TRACK 2 OPTION) Track 2 option contains approximately 1.40 acres +/- of vacant commercial land behind the Timberline Strip Center with access to Liberty Hill Road. Utilities are on/adjacent to the property. Great location for storage units, apartments, or a commercial shop/office. If the parcel is purchased in two tracks, a survey will be completed and recorded prior to closing. Call Brett Strobbe for additional information, or your own personal tour of this great investment property. Brett Strobbe 870-710-7585 Auctioneer AALB# 1894 Brett.Strobbe@gmail.com Warren-Strobbe LLC warren-strobbe.hibid.com
No Buyers Premium! This is an online only auction. Bidding will end at 4:00 PM CST on January 16, 2019. The property is subject to be pre-sold prior to the conclusion of the online auction with an acceptable pre-auction offer at the seller's discretion. The property will be sold As-Is with no contingencies. Closing will be within 30 days of an accepted offer/high bid. A 10% non-refundable deposit of the high bid price will be required at the closing of the auction. This is a reserve auction. The auctioneer represents the seller. If you wish to be represented by a broker/auctioneer, they will need to complete and submit a broker participation form one week prior to the conclusion of the online bidding to participate in a commission. It is the bidders/buyer's sole responsibility to inspect the property, secure funds, and do all due diligence prior to bidding or making a pre-auction offer. The auctioneer reserves the right to amend the terms of the auction at any point prior to the conclusion of the auction. Inquiries/Correspondence can be sent to brett.strobbe@gmail.com, or answered by the auctioneer at 870-710-7585. For updated information, visit warren-strobbe.hibid.com. Happy Bidding! Brett A Strobbe Auctioneer AALB# 1894
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 250,000.00 500.00 USD
250,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyer Premium added to ALL items.
Payment Terms
Cash (USD) or Certified Funds. All deposits and closing proceeds will be held with the closing company.
Possession of the property at closing!
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.