Zomer Company
YOUR LAND & AUCTION COMPANY

Serving IA, SD, NE & MN            712.476.9443     info@zomercompany.com

Zomer Company
  • Sold

May 28-2 Rock Valley IA Investment Property with six rental units at public auction!!! Premier Bank-Rock Valley, IA.--owners Sold for $42,000.00

  • Live Auction
Auction Date:   May 28, 2014 - 5:00 pm
14th Street, Rock Valley, IA 51247, USA
  • Rock Valley
  • Sioux County
  • IA

Upcoming Public Auction

~~Great Investment Property~~

 Of Rock Valley, IA. Residential property which features 2 homes w/6 possible Rental Units –

Great income Potential!!

Wednesday evening May 28, 2014–Sale time: 6:00 P.M.

Location of 2 homes: 1925 14th St. Rock Valley, IA. or from the Stoplight downtown 4 Blks East on 14th St. These 2 homes are located on one lot and offer endless potential!!

Abbreviated Legal Description: Lot 9, Blk. 6, Auditors Plat of the Incorporated City of Rock Valley, IA.

General Description: The 1st home on this property is a 2 story home built in approx. 1900 and consists of 3 possible apartments. The main floor apartment consists of living room, dining room, kitchen, bathroom and 2 bedrooms. The upstairs has 2 -one bedroom apartments. The home has a partial basement. The home has a hot water heat system. The exterior of the home has vinyl siding and asphalt shingles. The 2nd home on this property is a 2 story home built in approx. 1880. The home consists of 3 apartments. This property is perfect for the handyman or investor and offers much potential. Both homes are in need of updates. These homes are situated on a approx. 90 x 150ft lot in an excellent location. This property has excellent income potential –so make plans today to attend the open houses & auction.

6 possible rental units!!

Open house: Open house will be held on Thursday May 15, 2014 from 5:30 to7:00 PM or by appointment by contacting the agents listed below.

Possession: Possession of properties will be given on closing day-June 19, 2014.

Real estate taxes: According to the Sioux County Treasurer, the current Real Estate Taxes for the property are $2074.00 per year. Sellers will prorate real estate taxes to date of closing.

Terms:  The buyer(s) will agree to enter into purchase agreement with these terms. A $5,000.00 non–refundable down payment will be due on property immediately following the auction with balance due on closing day June 19, 2014. Properties are being sold as a cash sale with no finance contingencies. Full payment will be due and payable on closing day when clear and merchantable title will be given to the buyer(s). Property is being sold as is where is with all defects and no warranties expressed or implied. Property is sold subject to any and all easements and City zoning laws and ordinances and permitted uses. Although all information is deemed reliable all buyer(s) are encouraged to inspect the property and verify any information.  The Sale is subject to the confirmation of the sellers and court approval. Auctioneers are representing the sellers in this transaction.  Any announcements made day of auction will supersede any advertising.

Premier Bank—Rock Valley IA.–owners

Auctioneers and Agents:

Mark Zomer-712-470-2526   Darrell Vande Vegte-712-726-3428

Gary Van Den Berg-sales-712-470-2068    Ryan Zomer-712-441-3970

Listing Agent(s)

Blake Zomer
  • Farm Management Representative,
  • Real Estate Agent
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