"BUILDER/DEVELOPER INVENTORY REDUCTION AUCTION" Property 6: 61023 260th Avenue, Mantorville, MN

Saturday, April 12 - 11:00AM 975 34th Ave N.W. Rochester, MN  55901

Property 6: Selling Subject to Owner Confirmation. Beautiful 2,593sq. ft. 2-story home with 2-story great room with fireplace, 3 bedrooms, 2 1/2 baths, 3 car oversized garage with two front facing doors and one rear facing. Large bonus room over garage on 3 acres along the Zumbro River. This home is partially finished with sheet rock up, taped and primed. Inventory Reduction of Homes-Townhomes and Development Land! Properties are Surplus to Aaron Swarts Construction. All Brand New Construction! 4 Residential Homes 3 Townhomes Located in Rochester, Kasson, Mantorville & Byron 160 Acres of Development Land Located north of Pine Island with Hwy 52 Frontage Selling in 2 80 Acre Tracts. 1 Tract has Buildings. 1 Tract is Bare Land. AUCTION LOCATION: Auction will be held at the Olmsted National Bank Building 4th floor on April 12th at 11:00AM. The ONB building is located at the SE corner of Highway 14 West and West Circle Drive. AUCTION OFFICE: Auction Office will be open daily from 11 AM – 2 PM from March 25-April 11, 1534 Willow Point Lane S.W. Rochester, MN 55902 HOW TO BUY AT AUCTION SEMINAR: Saturday, April 5th at 9 AM. Seminar will be held at the ONB Bank Building, 4th Floor. Special Financing Available. Rate 6% or lower, 30 year, No Fees! REAL ESTATE INSPECTIONS: Saturday March 29th, Sunday March 30th, Saturday April 5th, Sunday April 6th, 11:00AM-2:00PM. Other times by appointment. BROKER PARTICIPATION: Broker Participation is welcome but not required. A 3% Commission will be paid to the licensed Minnesota real estate broker/agent who registers the bidder who pays for and settles for the real estate. A broker/agent buying on his/her own behalf, or on the behalf of any business entity he/she holds an interest, is not entitled to a commission. Brokers must attend the auction AND open house with their client(s) to qualify.

Payment Info: 7% Buyer Premium. $2,500/Single Family Residence down on day of auction and $10,000/Tract Land down on day of auction. Balance due at closing on or before 30 days. Buyers should be pre-approved prior to the auction. Sales are not Subject To Financing.

Full Terms: 7% Buyer Premium. $2,500/Single Family Residence down on day of auction and $10,000/Tract Land down on day of auction. Balance due at closing on or before 30 days. James Ohly, Ohly Law Office, 507-289-4529 represents the seller. Olmsted Title, 507-424-0150 is the closing agent. If not specified, Real Estate is selling subject to owner confirmation. Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, auctioneer is acting as an agent for the seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event. Valid Government issued photo ID required to obtain a bidding number. Principal Auctioneer, Tyler Maas #55-060009. 3% Broker Participation. Brokers and buyers MUST ATTEND at least one open house together to qualify for the 3% Broker Participation. Broker Participation is payable from the Closing Agent at time of Closing.

Click Here for Auction Brochure

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