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Mar Bel Homes Inc. Online Real Estate Auction Ending Thurs. May 2ND 10AM 2019

Click on Online auction tab for Bidding and Registration 

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.