July 17-Public Auction of 7 Condominium Lots--Prairie Diamond Properties-owners

Upcoming Public Auction of 7 Condominium Lots

Contractors, Investors & Entrepreneurs—

 Check out this Amazing Opportunity to purchase 7 Parkdale Estates Condo Lots in Inwood, IA!!

Buyer of this property will purchase 7 Lots as a unit

with an excellent opportunity to construct up to 7 individual condo units.

Thursday July 17, 2014 –Sale time: 6:30 P.M.

Location: 605 Parkdale Estates Inwood IA. or from Lil Chubs in Inwood go approximately 2 blocks east on Blktop A-42/240^th St. to Douglas St. then go approx. 1 block north and 1 block west on Parkdale Dr.

See our website for pics and video-zomerauctions.com

Auctioneers Note: We are honored to offer this outstanding property with endless opportunity. If you are a contractor, investor or homeowner here is an excellent opportunity to add to an already great condo association by constructing 7 additional Units. Land to be sold is directly north of the current Parkdale Estates Units.

Legal Description: Lots for–Units 5, 6, 7, 8, 9, 10 & 11 of Parkdale Estates of Inwood, Lyon County, IA.a condominium developement located on Lots 1, 2, 3 and 4, Block 4; and Lots 6, 7 and the South 25′ of Lot 8, Block 3 and the vacated Poplar Drive located West of the South 25′ of Lot 8 & Lots 7 and 6 and South of Lot 6 in Block 3 all in Jacobsma’s Section Addition to Inwood Lyon County, IA; together with all common elements in and to said Units according to all previously filed declarations and any further filed declarations referring to said units.

General Description: This to roperty contains 7 individual lots with the opportunity to build 7 1374 sq ft condos which would adjoin the 4 condos already constructed. This is an excellent opportunity to add on to an existing condominium development with excellent potential for future condo sales. This property would adjoin the current condos which each unit features 1374 sq ft of living space which includes 2 bedrooms, 2 bathrooms, kitchen, living room, attached double garages, common hallway and much more. The original 4 units were built in 2006. If you are an entrepreneur that has always been looking to be part of a development opportunity –here it is!! Sold subject to the Parkdale Estates owners associations articles and horizontal property restrictions and covenants.“Buyer will assume rights and obligations of the Developer”.

Property Viewing: Please feel free to view the lots or contact the agent for personal viewing and more info.

Taxes: According to the Lyon County Treasurer, the current Real Estate taxes are $490.00 total for all 7 lots per year. Taxes will be prorated to the date of closing.

Method of sale: all 7 lots will be sold as a unit.

Possession: Possession will be closing day August 14, 2014

Terms:  Purchaser(s) will be required to pay a non-refundable 15% of the purchase price immediately following the auction and also enter into a purchase agreement with the remaining balance due on closing day August 14, 2014 when the buyer shall receive a clear and merchantable title to the property. This property is being sold as is where is as a cash sale with no finance contingencies. While every effort has been made to ensure the accuracy of the information herein, all prospective buyers are encouraged to inspect the property and verify all the data provided. Any announcements made the day of the auction will supersede any advertisements. Auction booklets are available upon request. The property is sold subject to the confirmation of the sellers. If any additional information is requested, please contact the agents listed below. Vande Vegte and Zomer Realty and Auction Inc. are agents for the sellers. Paul Kippley – Attorney for the sellers.

Prairie Diamond Properties LLC-owners

Auctioneers and Agents

Mark Zomer-712-470-2526

Darrell Vande Vegte-712-726-3428

Rick Childress-605-261-3208

Gary Van Den Berg-712-470-2068