Auction Listing
ABSOLUTE AUCTION
Being Sold by Order of the Corporate Owners
Due to Partnership Dissolution
741.83 +/- Acres Residential, Retail & Commercial PUD Development Land
October 18, 2012 @ 2pm
Greensboro, NC – Guilford County
Selling to the Highest Bidder Regardless of Price
at the End of the Auction!
Being Sold In
Tracts, Groups of Tracts and as a Whole
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AUCTION LOCATION
Koury Convention Center, Colony B Room, 3121 High Point Road, Greensboro, NC 27407.
PROPERTY DESCRIPTION
Auction Lot # | Reedy Fork Plat # | Description | Max. Res. Lots for Each Unit |
1 | Northwood Subdivision – Phase 2 | 52 Lots – Selling As A Whole |
|
2 | Tract 2 | 59.38 +/- Acres | 239 |
3 | Tract 3 | 18.61 +/- Acres | 74 |
4 | Hardie Farm Subdivision – Phase 3A | 5 Lots – Selling As A Whole |
|
5 | Tract 5 | 42.3 +/- Acres | 214 |
6 | Tract 6 | 24.60 +/- Acres | 123 |
7 | Tract 7 | 26.22 +/- Acres | 105 |
8 | Tract 8 | 23.16 +/- Acres | 116 |
9 | Tract 9a | 13.57 +/- Acres | 68 |
10 | Tract 9b | 13.17 +/- Acres | 66 |
11 | Tract 10 | 28.52 +/- Acres | 171 |
12 | Tract 11 | 17.30 +/- Acres | 104 |
13 | Tract 12 | 78.44 +/- Acres | 376 |
14 | REMOVED | REMOVED | REMOVED |
15 | Tract 14 | 28.28 +/- Acres | 114 |
16 | Tract 15 | 5.56 +/- Acres | 24 |
17 | REMOVED | REMOVED | REMOVED |
18 | Tract 17 | 4.74 +/- Acres | 24 |
19 | Tract 18 | 41.24 +/- Acres | 124 |
20 | Tract 19 | 30.47 +/- Acres | 244 |
21 | Tract 20 | 7.98 +/- Acres | 57 |
22 | Tract 21 | 14.20 +/- Acres | 57 |
23 | Tract 22 | 6.94 +/- Acres | 51 |
24 | Tract 23 | 257.15 +/- Acres | 663 |
25 | South Village Place Subdivision | 5 Lots – Selling As A Whole |
|
26 | Oakgate Subdivision – Phase 3B1 & 3B2 | 11 Lots – Selling As A Whole |
|
27 | Boxelder – Lot D12 | Individual Lots |
|
28 | Boxelder – Lot D14 | Individual Lots |
|
29 | Boxelder – Lot D24 | Individual Lots |
|
30 | Boxelder – Lot D37 | Individual Lots |
|
31 | Boxelder – Lot D40 | Individual Lots |
|
32 | Boxelder – Lot D41 | Individual Lots |
|
33 | Boxelder – Lot D46 | Individual Lots |
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34 | Boxelder – Lot D50 | Individual Lots |
|
35 | Boxelder – Lot D58 | Individual Lots |
|
INSPECTIONS
Wednesday, September 26th, Wednesday, October 3rd, Wednesday, October 10th and Wednesday, October 17th from 10am to 4pm. Agent will be located at the corner of Tract 3 & 11.
TERMS
Selling AS IS / WHERE IS. A 20% deposit due at the auction by cash, cashier’s check, personal or company check accompanied by a Bank Letter of Guarantee, with the balance due at closing. A 7% buyer’s premium will apply.*By bidding, you the bidder/buyer certify that you have either closely examined the item(s), have chosen to not examine the item(s) or have hired an independent agent to the item(s) for you. CONDITIONS – All information contained herein is deemed to be from reliable sources. However, neither the Auctioneer nor the Seller guarantees this information to be correct. We reserve the right to add or delete. Please inspect the property and bid accordingly. The Auctioneer represents the Seller in this transaction. All announcements made at the auction shall take precedence over all other information.
Broker Participation Invited – Pre-Auction Offers Entertained
Iron Horse Auction Company, Inc.
PO Box 1267-Rockingham, NC 28380
800-997-2248 – NCAL 3936
www.ironhorseauction.com
741.83 +/- Acres Residential & PUD Development Land in Greensboro
Oct 18, 2012
October 18, 2012 2pm Eastern
LOCATED IN THE CITY LIMITS OF GREENSBORO
October 18, 2012 @ 2pm
ABSOLUTE AUCTION
Approved For 3,014 Residential, Commercial & Retail Units, 82 Developed Lots
INSPECTIONS
Wednesday, September 26th, Wednesday, October 3rd, Wednesday, October 10th and Wednesday, October 17th from 10am to 4pm. Agent will be located at the corner of Tract 3 & 11.
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Conducted By:
Iron Horse Auction Company
910-997-2248
www.ironhorseauction.com
www.ponzischemeauction.com
