Land for Sale in Alexandria, LA at online auction only
SELLING TO THE HIGHEST BIDDER!! Ordered by the U.S. Bankruptcy Court!
Ended: 12/05/19 at 10:00 AM CDT
Absolute Auction for Alexandria Iron
Tract 1: Commercial Property 627 Ariail St, Alexandria, LA 16.72+/- acres
Tract 2: 6.92+/- acres on 615 Willow Glen Rd, Alexandria, LA
Tract 1 is known as the old Alexandria Iron location and would make a prime site for industrial development, adjacent to a railroad spur.
Tract 2 is located near churches and a subdivision and would be ideal for homes or apartments. Property will sell online only to the highest bidder.
The auction will end Thursday December 5th 10am.
Both properties are located inside the city limits.
U.S. Bankruptcy Case 18-80408
Please see the documents tab for legal description and taxes.
REAL ESTATE TERMS & CONDITIONS
REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online.
BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818 TAXES: Taxes will be pro-rated.