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Timed Online Real Estate Auction
3-8 unit Apartment Buildings and 2 Duplexes
Dates & Times- Starts April 25th- Ends May 2 nd 10 AM
Location- Grygla MN
For More Info and Viewing Contact Joe McMullen-218-689-5760
Auctioneers Note- MAR BEL HOMES INC. Has made a decision to sell all of their property and the apartment complexes. This is a good opportunity for anyone to invest in any one of these buildings. Once your’re the new owner of anyone of these properties the potential is unlimited for your new ideas. The legal rental agreements with the tenants stay in force of the contacts duration. The Rental Agreements goes with each building. Any Questions on lease dates on any building or any other questions, Give McMullen Auctions a call at 218-689-5760
Click on link for updated auction bill-Real Estate Bill
Unit #1
Duplex 203 & 205 E Park Dr. Grygla, MN
2 bendroom Apartments built in 1968
Dimensions 26’x66′ 1776 sq. ft.
Future Legal Description: Lot 8 & W. 20ft. of Lot 9, Alden’s Addn. Grygla MN
Rental Status- 100% Rented
Unit #2
Duplex 209 & 211 E. Park Dr., Grygla, MN
1 Bedroom Apartments, Built in 1968
Dimensions: 26’x52′ 1352 Sq. Ft.
Future Legal Description: Lots 10 & E. 30ft. of Lot 9, Aldens Addn. Grygla MN
Rental Status: 100% Rented
Unit #3
Independence Hall 319 S Liberty Ave Grygla MN
Consist of 8 One Bedroom Apartments Utility Room & Laundry Room with A Center Gathering Room
Built in 1985
Future Legal Description: Lots 5, 6, and 7, Alden Addn. Grygla, MN
Rental Status: 5 Apartments out of 8 are rented
Unit #4
Blair House 318 S. Liberty Ave, Grygla, MN
Consist of 8 one bedroom Apartments, Utility & Laundry Room with A Center Gathering Room
Built in 1981
Future Legal Description: Lots 10, 9, 8, 7 & S. Side of Lot 6 Subd-Park Addn. Grygla MN
Rental Status: 5 Apartments out of 8 are rented
Unit #5
White House 119 E. Park Dr. Grygla, MN
Consist of Seven 2 Bedroom Apartments And One Single Bedroom Apartment with Utility & Laundry Room
Built in 1976
Dimensions: 44’x78′ 3432 Sq. Ft., Two Story Building
Future Legal Description: Lots 4, 5 & N. Side of Lot 6, Grygla, MN
Rental Status: 4 Apartments out of 8 are rented
Unit #6
Garage 14 ft. x 24 ft., with overhead and walk in door. The Garage is selling to be moved (unless the new property owner purchases)
Terms and conditions: The successful bidder shall enter into purchase agreement immediately following the auction with Nonrefundable earnest money down of 5% of auction price which will be held in escrow. The balance is due and payable day of closing which will be no later then 60 days from Auction date. Real estate taxes will be prorated from date of closing. The buyer shall pay for any title opinion or title insurance. Square footage, dimensions amounts are based upon information provided by the seller and are believed to be correct. Owners of Real Estate Reserves the right to approve final bid. Auctioneer statements take precedence over all printed material. Real Estate Auction is under direction and supervision of McMullen Realty LLC, Brokerage.