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(15) NEW LAKE CHELAN LUXURY CONDOMINIUMS

Murphyrealestateauctions.com

SATURDAY, AUGUST 8TH CHELAN, WA

LOW MINIMUM BIDS START AT $189,000 (1 BR), $258,000 (2 BR)

PRELIMINARY INFORMATION:
  • (14) 2 BR/2 BA, (1) 1 BR, 1 BA

  • FIRST OPEN HOUSE SUNDAY, JULY 5TH 1:00 - 4:00

  • LAKE VIEWS
  • LAKE ACCESS (TWO MINUTE WALK)
  • EACH UNIT HAS UNDER GROUND SECURE PARKING
  • ON SITE VACATION RENTAL (OWNER OWNED)
  • INDOOR POOL, SPA, OUTDOOR BBQS
  • 100% WHOLE OWNERSHIP
  • HIGH QUALITY CEDAR, STONE CONSTRUCTION
  • STAINLESS STEEL APPLIANCES
  • DECKS
  • AIR CONDITIONING
  • FIRE PLACES
  • EUROPEAN WINDOWS/DOORS
  • 9 TO 12 FT CEILINGS IN ALL UNITS
  • ATTRACTIVE FINANCING AVAILABLE
  • BUILDING 70% SOLD
  • 1 MILE FROM TOWN OF CHELAN
  • CLOSE TO WATER SLIDE PARK
  • CLOSE TO ALL CHELAN AMENITIES: GOLF, WINERIES
  • LUXURY FURNISHINGS AVAILABLE

TERMS & CONDITIONS
  • 5% Buyer's Premium will be added to the final purchase price.
  • Each condo will be sold subject to minimum starting bids as listed below.
  • There are no hidden reserve prices! These homes will sell if the minimum bid is obtained at the auction.
  • The property will be sold free and clear of all liens.
  • To qualify to bid buyers must have a copy of a loan pre-approval along with a $5,000 cashiers check payable to North Meridian Title Co. (per unit) for the earnest money deposit. Buyers not financing will need a $10,000 cashiers check payable North Meridian Title Co. (per unit) for the earnest money deposit.
  • The winning bidder will be required to deliver to the auctioneer the cashier's check or certified check as earnest money deposit and execute the Purchase and Sales Agreement immediately upon acceptance of bid.
  • Closing must occur within 30 days of the auction date (Tuesday, September 9, 2009). Final payment must be made by assured funds.
  • Property is sold on an "AS IS" cash basis.
  • The James G. Murphy Company makes no warranties expressed or implied or representations of any kind concerning the property, including but not limited to the physical condition of the property.
  • It is the responsibility of the buyer to inspect the property prior to the sale and satisfy himself or herself as to its condition, value and fitness for intended purpose.
  • All real and personal property is sold in "AS IS" condition with no warranties by seller or auctioneer expressed or implied. The buyer is entitled to rely solely on his or her own inspections and evaluations, and not on any representations from seller or auctioneer.

MINIMUM BIDS
    $285,000
    Suite #
    & Parking
    Suite Type Gross sq.ft. List Price MINIMUM BID
    101 (48) C-2BR/2BA 1,295 $449,000 $269,000
    102 (15) H-1BR/1BA 796 $325,000 $189,000
    205 (32) ABF-2BR/2BA 939 $430,000 $219,000
    206 (33) A-2BR/2BA 939 $435,000 $229,000
    207 (34) A-2BR/2BA 939 $435,000 $239,000
    208 (41) A-2BR/2BA 939 $435,000 $249,000
    209 (29) A-2BR/2BA 939 $435,000 $265,000
    305 (40) ABF-2BR/2BA 939 $463,000 $278,000
    306 (39) A-2BR/2BA 939 $463,000 $278,000
    307 (38) A-2BR/2BA 939 $465,000 $278,000
    308(5) A-2BR/2BA 939 $472,000 $285,000
    309 (6) A-2BR/2BA 939 $472,000
    406 (1) A-2BR/2BA 939 $489,000 $289,000
    401 (54) C-2BR/2BA 1,295 $599,950 $359,000
    402 (49) F-2BR/2BA 1,015 $549,000 $329,000

Open House
  • 3pm-7pm on July 5th, 11th, 12th, 25th, 26th, and August 1st & 2nd or by appointment.

BROKER PARTICIPATION
  • A 1-_% commission will be paid by the James G Murphy Co., the auctioneer, to the licensed broker whose prospect pays for and settles the property in this auction. To qualify for the commission, the licensed broker or salesperson must register his/her client on a broker participation form and must attend the auction with his/her prospect. A broker participation form can be obtained from the James G. Murphy Co. by calling 800-426-3008. Registration forms must be received by 5pm, Friday August 7th

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James G. Murphy Co.
Commercial / Industrial / Real Estate Auctioneers
P.O. Box 82160 - 18226 - 68th Ave. N.E.
Kenmore, Washington 98028
(425) 486-1246 or Toll Free 1-800-426-3008
Fax: (425) 483-8247

Oregon address & phone:
105 McNary Estates Dr. N
Keizer, OR 97303
phone: (503) 463-4444
fax: (503) 463-1554


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