{"id":67027,"date":"2020-02-18T00:00:00","date_gmt":"2020-02-18T06:00:00","guid":{"rendered":"https:\/\/zomercompany.com\/site\/properties\/closing-on-march-23-2020-starting-630-p-m-upcoming-online-only-auction-of-a-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners-property-sold-for-139500\/"},"modified":"2021-10-23T10:53:11","modified_gmt":"2021-10-23T15:53:11","slug":"closing-march-23-2020-starting-630-p-m-upcoming-online-auction-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners","status":"publish","type":"wealty_realty","link":"https:\/\/zomercompany.com\/site\/closing-march-23-2020-starting-630-p-m-upcoming-online-auction-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners","title":{"rendered":"Closing On March 23, 2020 Starting @ 6:30 P.M. -- Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex -- Douglas J &#038; Janet E. Smit\u2013Owners=-----Property sold for $139,500.00!!!! Thank you to all the bidders and everyone who came an looked at this property!!"},"content":{"rendered":"<p style=\"text-align: center;\"><strong><span style=\"font-size: 18px;\"><span style=\"background-color: #ffff00;\">Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong><span style=\"font-size: 18px;\">This Great Opportunity Is Your Chance To Own A Great Investment In Ireton, IA!!\u00a0This Apartment Complex Provides A Unique Opportunity That Is Rarely Available And This Is One You Do Not Want To Miss!!\u00a0<\/span><span style=\"font-size: 18px;\">This Auction Features A Well Maintained 4 Unit Apartment Building With Several Updates And A Great Occupancy History!<\/span><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18px;\"><strong>Location: \u00a0<\/strong>402 8th St., Ireton, IA 51027 or from the Super Stop in Ireton, IA go 1\/2 mile (7 Blocks) South on BLKTP K30\/Maple St to 8th St then go 3 blocks West on 8th St. to the\u00a0property.\u00a0Auction signs will be posted.\u00a0<\/span><span style=\"font-size: 18px;\">All bidding will take place on www.zomerbid.com<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-size: 18px;\">Bidding Will Open On March 3, 2020<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong><span style=\"font-size: 18px;\">Bidding Will Close On March 23, 2020 Starting @6:30 P.M.<\/span><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18px;\"><strong>Auctioneers Note:<\/strong> We are honored to have been selected by Doug &amp; Janet to offer for sale this great investment opportunity! This apartment building is well maintained and has had several updates! To view this property contact an agent or plan to attend an open house! This will be an online only auction with all bidding taking place on www.zomerbid.com.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 18px;\">zomerauctions.com<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"font-size: 13px; text-align: center;\"><span style=\"font-size: 22px;\"><span style=\"color: #0000ff;\">Please go to zomerbid.com to bid or click on the blinking button below to bid on the items!!<\/span><\/span><\/p>\n<p style=\"font-size: 13px; text-align: center;\">\n<p style=\"font-size: 13px;\">\n<p style=\"font-size: 13px;\" align=\"center\"><span style=\"font-size: 22px;\"><a style=\"color: #35245c; margin: 0px; padding: 0px; outline: 0px; border: 0px currentcolor; line-height: 20.8px; font-family: Tahoma; font-size: 13.33px; vertical-align: baseline;\" href=\"http:\/\/zomerbid.com\/\" target=\"_blank\" rel=\"noopener\"><img class=\"aligncenter\" style=\"margin-top: 0px; margin-bottom: 12px; padding: 0px; outline: 0px; border: 0px currentcolor; width: auto; height: auto; clear: both; vertical-align: baseline; max-width: 100%; opacity: 0.9;\" src=\"https:\/\/mediazomer.s3.us-west-2.amazonaws.com\/site\/wp-content\/uploads\/2021\/09\/04232652\/onlineonlybidding.gif\" alt=\"Vande Vegte Zomer Realty &amp; Online Bidding\" width=\"400\" \/><\/a><\/span><\/p>\n<p style=\"font-size: 13px;\" align=\"center\">\n<p style=\"font-size: 13px;\" align=\"center\"><a href=\"https:\/\/zomer.nextlot.com\/public\/sales\/87501\/lots\"><span style=\"color: #ff0000;\"><strong><span style=\"font-size: 22px;\">TO GO DIRECTLY TO THE CATALOG FOR THIS AUCTION CLICK HERE<\/span><\/strong><\/span><\/a><\/p>\n<p style=\"font-size: 13px;\" align=\"center\">\n<p><span style=\"font-size: 18px;\"><strong>Legal Description: <\/strong>Lots 7 &amp; 8 in Block 26 Original, Ireton, IA 51027 (402 8th St., Ireton, IA 51027)<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18px;\">\u00a0<strong>General Description:\u00a0<\/strong>If you or your investment group are in the market for a new investment property opportunity then your wait is over!! This apartment building features 4 separate units. This building has 2\u20142 bedroom units and 2\u20141 bedroom units. Each unit has a fridge and stove which are owned\/maintained by the landlord and will be included with the purchase price. This building has 1 common laundry area and the washer and dryer are owned\/maintained by the landlord and will be included with the purchase price. Each unit has a window a\/c unit and hot water heat with 1 boiler for the complex which was new in 2019. This building had a new roof installed in 2010. This building also had new vinyl siding installed in 2007.\u00a0 This property is situated on a 140\u2019 x 107\u2019 lot. Seller will convey current rent deposits to buyer at time of closing. Rents will be pro-rated to the date of closing. These apartments have an excellent occupancy rate and offer a great return on investment!! This property currently has the potential to generate $20,400.00 per year!! This is a great opportunity to purchase a great income producing property which has had excellent maintenance and has great potential!! Don\u2019t miss this opportunity as properties of this nature are rarely offered for sale!!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18px;\"><strong>Open Houses: <\/strong>Open house will be held on the property on March 7, 2020 from 1:00 to 2:30 P.M. and on March 12, 2020 from 5:30 to 7:00 P.M.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\"><strong>Method of sale:\u00a0<\/strong>This will be an online only auction. All bidding will take place on www.zomerbid.com. This auction will have a 5 minute auto\u00a0 extension feature enabled.\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\"><strong>Taxes:\u00a0<\/strong>The current Real Estate Taxes according to the Sioux County Treasurer are approx. $2,378.00 per year. Taxes will be pro-rated to the date of closing.\u00a0 \u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\">\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\"><strong>Possession:\u00a0<\/strong>Possession of the property will on May 1, 2020. Possession of each unit will be subject to current tenants lease.\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-size: 18px;\"><strong>Terms:<\/strong>\u00a0Purchaser (s) will be required to pay a non-refundable $20,000.00 of the purchase price as earnest money deposit, and also agree to enter into a purchase agreement with the remaining balance due and payable on closing day on or before May 1, 2020 when the buyer shall receive a clear and merchantable title to the property. This property is being sold as is as a cash sale with no finance contingencies and as is with any\/all defects and encroachments if any. 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 data provided. No warranties are expressed or implied. Any lines on maps are for informational purposes only and are not guaranteed to be actual boundary lines of the property. Any announcements posted on zomerbid.com will supersede any advertisements. Auction booklets are available upon request. This Property is being sold subject to the confirmation of the sellers.\u00a0Auctioneers and Real Estate brokers are representing the sellers. If any additional information is requested, please contact auctioneers listed below.\u00a0Myron Toering\u2013attorney for sellers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 20px;\"><strong><a href=\"http:\/\/vanzomrealtyauction.com\/auction\/wp-content\/uploads\/2020\/02\/Ireton-apartments.pdf\">Click Here to Download &amp; Print Booklet<\/a><\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 18px;\"><span style=\"background-color: #ffff00;\">Douglas J &amp; Janet E. Smit\u2013Owners<\/span><\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"font-size: 18px;\">Auctioneers and RE Agents:<\/span><\/strong><\/p>\n<p style=\"text-align: center;\">\n<p style=\"text-align: center;\"><span style=\"font-size: 18px;\">Gerad Gradert\u2014712-539-8794\u2014Ivan Huenink-712-470-2003<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 18px;\">Mark Zomer-712-470-2526\u2014Blake Zomer-712-460-2552<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 18px;\">Ryan Zomer-712-441-3970\u2014Gary Vanden Berg-712-470-2068<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><iframe style=\"border: none; width: 100%; height: 326px;\" src=\"\/\/e.issuu.com\/embed.html?d=doug_smit_catalog&amp;u=vandevegtezomer\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex This Great Opportunity Is Your Chance To Own A Great Investment In Ireton, IA!!\u00a0This Apartment Complex Provides A Unique Opportunity That Is Rarely Available And This Is One You Do Not Want To Miss!!\u00a0This Auction Features A Well Maintained 4 Unit Apartment Building [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67028,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","wealty_rlty_status":[503],"wealty_rlty_sale_type":[],"wealty_rlty_farmland_year":[],"wealty_rlty_auction_year":[1105],"wealty_rlty_land_realestate_year":[],"wealty_rlty_equipment_year":[],"wealty_rlty_acreage_year":[],"wealty_rlty_ag_facilities_year":[],"wealty_rlty_residential_category":[1087],"wealty_rlty_commercial_category":[],"wealty_rlty_contract_type":[789],"wealty_rlty_region":[],"wealty_rlty_state":[967],"wealty_rlty_type":[],"wealty_rlty_amenities":[],"wealty_rlty_land_category":[],"wealty_rlty_auction_category":[],"wealty_rlty_acreage_category":[],"wealty_rlty_agfacility_category":[],"wealty_rlty_listing_type":[],"wealty_rlty_energy":[911],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Closing On March 23, 2020 Starting @ 6:30 P.M. - Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex - Douglas J &amp; Janet E. Smit\u2013Owners=-Property sold for $139,500.00!!!! Thank you to all the bidders and everyone who came an looked at this property!! - Zomer Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zomercompany.com\/site\/closing-march-23-2020-starting-630-p-m-upcoming-online-auction-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Closing On March 23, 2020 Starting @ 6:30 P.M. - Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex - Douglas J &amp; Janet E. Smit\u2013Owners=-Property sold for $139,500.00!!!! Thank you to all the bidders and everyone who came an looked at this property!! - Zomer Company\" \/>\n<meta property=\"og:description\" content=\"Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex This Great Opportunity Is Your Chance To Own A Great Investment In Ireton, IA!!\u00a0This Apartment Complex Provides A Unique Opportunity That Is Rarely Available And This Is One You Do Not Want To Miss!!\u00a0This Auction Features A Well Maintained 4 Unit Apartment Building [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zomercompany.com\/site\/closing-march-23-2020-starting-630-p-m-upcoming-online-auction-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners\/\" \/>\n<meta property=\"og:site_name\" content=\"Zomer Company\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-23T15:53:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mediazomer.s3.us-west-2.amazonaws.com\/site\/wp-content\/uploads\/2021\/04\/16230659\/smit-outside-revised-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1471\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/zomercompany.com\/site\/closing-march-23-2020-starting-630-p-m-upcoming-online-auction-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners\/\",\"url\":\"https:\/\/zomercompany.com\/site\/closing-march-23-2020-starting-630-p-m-upcoming-online-auction-well-maintained-4-unit-apartment-complex-douglas-j-janet-e-smit-owners\/\",\"name\":\"Closing On March 23, 2020 Starting @ 6:30 P.M. - Upcoming Online Only Auction Of A Well Maintained 4 Unit Apartment Complex - Douglas J & Janet E. 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