Thursday, February 15 SEALED BID DEADLINE 4:00PM CT
322 County Highway 6
Clinton, MN 56225
Inspections
Tuesday, January 23rd 9:00am-3:00pm
Tuesday, February 6th 9:00am-3:00pm
Other Times By Appointment
Brochure
Description
SEALED BID AUCTION
23,000 SQ. FT. 19 UNIT ASSISTED LIVING/
OPERATING CLINIC ON 7.24 ACRES OF LAND
SELLING WITH ALL SUPPORT EQUIPMENT
WATERS EDGE ASSISTED LIVING
CLINTON COMMUNITY CLINIC
SUMMARY: Waters Edge Assisted Living and Clinton Clinic were designed to replace two existing businesses that had been located across the street from the current new building. The previous 22 bed nursing home/clinic Clinton Care Center, was originally built in the 1960’s and has now been torn down. Waters Edge opened the doors to the new building in July of 2021. Waters Edge is now an Assisted Living Facility licensed for 22 tenants. The like new facility has 4 types of apartments available: Studio, Deluxe Studio, 1 Bedroom and 2 Bedroom apartments. The large vaulted common areas have vaulted ceilings with hardwood beam accents. The beams are meant to recall the tall open buildings of Clinton’s grain milling history. The attached clinic is an affiliate of Sanford Health and part of Ortonville Area Health Services. The clinic serves both the general public and the residents of the attached assisted living facility. Complete office, kitchen, dining room, sitting room, exercise room, sun room and foyer lounge. Waters Edge Assisted Living is a 501c3 facility owned by Clinton Community Clinic, Inc. Shareholders.
PROPERTY INFORMATION:
Currently Licensed for 22-Assisted Living Residents Expiration Date 5/31/2024, 20-Total Apartments each with emergency call, consisting of: 2-2 Bedrooms (101,102), 4-Studio Plus (103,104,105,106), 4-1 Bedroom (107,108,109,110), 1-1 Bedroom Handicap Accessible (111), 1-Guest Suite (112), 8-Studio (113,114,115,116,117,118,119).
County: Big Stone · Property Type: Exempt Comm. Non-Hst · Assessed Value: $1,557,700 · Taxes: 2023 · $4,824 · Parcel ID’S: 17-0034-000, 17-0037-000, Zoning: No City Zoning · Utilities: Electric, Water, Sewer, LP, Parking: On-Site Asphalt, Off-Site Gravel · Telephone, CCTV, Fire Alarm, Irrigation System, Backup Generator: Cummins C60N6 60KW MFG:12/15/2020
PERFECT OPPORTUNITY FOR A NEW OWNER TO PURCHASE AT THEIR PRICE!!
LOW INTEREST FINANCING AND POSSIBLE LOAN ASSUMPTION AVAILABLE
CONTACT AUCTION COMPANY FOR MORE INFOMATION
PAST PRICING STRUCTURE:
Monthly Base Rents:
Size/Type of Unit Square Footage Monthly Rent
Two Bedroom Apartments (2 Units) 855 Sq. Ft. $3,142.00
One Bedroom (5 Units) 642 Sq. Ft. $2,921.00
Deluxe Studio (4 Units) 455 Sq. Ft. $2,535.00
Studio (8 Units) 410 Sq. Ft. $2,201.00
Additional Person in Room $ 800.00
Monthly Base Rent Includes these services:
3 meals per day, 2 loads of laundry weekly, 24 hour emergency call system, weekly vitals/weight check, 24 hour staffing, use of common areas, Activities, weekly housekeeping, heat/air conditioning, electricity, emergency monitoring system, daily wellness check in's, in house mail service, in house beauty shop.
Services Offered:
In addition to rent there are other fees that are required based on doctor's orders or staff assessments. The Tiered Fee Services are charged based on need as listed below:
Tiered Service Fees:
0 services contracted $525.00 10-12 services contracted $3,061.00
1-3 services contracted $1,020.00 13-15 services contracted $3,742.00
4-6 services contracted $1,701.00 16-18 services contracted $4,309.00
7-9 services contracted $2,268.00 19 plus services contracted $5,103.00
Other Options:
Refundable Damage deposit due upon admission $500
Cable TV/Internet/Telephone Service $75
Guest Room-$65 per night
Guest Meals-Breakfast $3 Lunch/Supper $6
Respite Rooms-$125 per night
Parcel Maps
23,000 SQ. FT. 19 UNIT ASSISTED LIVING/
OPERATING CLINIC ON 7.24 ACRES OF LAND
SELLING WITH ALL SUPPORT EQUIPMENT
WATERS EDGE ASSISTED LIVING
CLINTON COMMUNITY CLINIC
SUMMARY: Waters Edge Assisted Living and Clinton Clinic were designed to replace two existing businesses that had been located across the street from the current new building. The previous 22 bed nursing home/clinic Clinton Care Center, was originally built in the 1960’s and has now been torn down. Waters Edge opened the doors to the new building in July of 2021. Waters Edge is now an Assisted Living Facility licensed for 22 tenants. The like new facility has 4 types of apartments available: Studio, Deluxe Studio, 1 Bedroom and 2 Bedroom apartments. The large vaulted common areas have vaulted ceilings with hardwood beam accents. The beams are meant to recall the tall open buildings of Clinton’s grain milling history. The attached clinic is an affiliate of Sanford Health and part of Ortonville Area Health Services. The clinic serves both the general public and the residents of the attached assisted living facility. Complete office, kitchen, dining room, sitting room, exercise room, sun room and foyer lounge. Waters Edge Assisted Living is a 501c3 facility owned by Clinton Community Clinic, Inc. Shareholders.
PROPERTY INFORMATION:
Currently Licensed for 22-Assisted Living Residents Expiration Date 5/31/2024, 20-Total Apartments each with emergency call, consisting of: 2-2 Bedrooms (101,102), 4-Studio Plus (103,104,105,106), 4-1 Bedroom (107,108,109,110), 1-1 Bedroom Handicap Accessible (111), 1-Guest Suite (112), 8-Studio (113,114,115,116,117,118,119).
County: Big Stone · Property Type: Exempt Comm. Non-Hst · Assessed Value: $1,557,700 · Taxes: 2023 · $4,824 · Parcel ID’S: 17-0034-000, 17-0037-000, Zoning: No City Zoning · Utilities: Electric, Water, Sewer, LP, Parking: On-Site Asphalt, Off-Site Gravel · Telephone, CCTV, Fire Alarm, Irrigation System, Backup Generator: Cummins C60N6 60KW MFG:12/15/2020
PERFECT OPPORTUNITY FOR A NEW OWNER TO PURCHASE AT THEIR PRICE!!
LOW INTEREST FINANCING AND POSSIBLE LOAN ASSUMPTION AVAILABLE
CONTACT AUCTION COMPANY FOR MORE INFOMATION
PAST PRICING STRUCTURE:
Monthly Base Rents:
Size/Type of Unit Square Footage Monthly Rent
Two Bedroom Apartments (2 Units) 855 Sq. Ft. $3,142.00
One Bedroom (5 Units) 642 Sq. Ft. $2,921.00
Deluxe Studio (4 Units) 455 Sq. Ft. $2,535.00
Studio (8 Units) 410 Sq. Ft. $2,201.00
Additional Person in Room $ 800.00
Monthly Base Rent Includes these services:
3 meals per day, 2 loads of laundry weekly, 24 hour emergency call system, weekly vitals/weight check, 24 hour staffing, use of common areas, Activities, weekly housekeeping, heat/air conditioning, electricity, emergency monitoring system, daily wellness check in's, in house mail service, in house beauty shop.
Services Offered:
In addition to rent there are other fees that are required based on doctor's orders or staff assessments. The Tiered Fee Services are charged based on need as listed below:
Tiered Service Fees:
0 services contracted $525.00 10-12 services contracted $3,061.00
1-3 services contracted $1,020.00 13-15 services contracted $3,742.00
4-6 services contracted $1,701.00 16-18 services contracted $4,309.00
7-9 services contracted $2,268.00 19 plus services contracted $5,103.00
Other Options:
Refundable Damage deposit due upon admission $500
Cable TV/Internet/Telephone Service $75
Guest Room-$65 per night
Guest Meals-Breakfast $3 Lunch/Supper $6
Respite Rooms-$125 per night
Parcel Maps
Map
Broker Participation
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, at the time of registration, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, is not entitled to a commission.
Payment Information
10% Buyer’s Premium. Sealed Bid Offers must be received by Thursday, February 15 at 4 pm CT, accompanied by a $20,000 earnest money deposit (cashier's check or wire) and a completed Sealed Bid Form. Bids must be sent via a traceable courier to Maas Companies Inc at 6923 10 Ave SW, Rochester, MN 55902. Sealed Bids are binding and non-revocable.
An additional (earnest money) deposit is due within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 15 days. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction. Kelsey Stock with Fluegel, Anderson, McLaughlin & Brutlag is handling the closing or is coordinating the closing; funds are payable to: Fluegel, Anderson, McLaughlin & Brutlag
An additional (earnest money) deposit is due within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 15 days. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction. Kelsey Stock with Fluegel, Anderson, McLaughlin & Brutlag is handling the closing or is coordinating the closing; funds are payable to: Fluegel, Anderson, McLaughlin & Brutlag
Full Terms
REAL ESTATE: Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms.
EQUIPMENT: Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED.
In all transactions, Maas Companies is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company.
EQUIPMENT: Selling Subject to Owner Confirmation and Subject to Prior Sale. Selling AS-IS, WHERE-IS WITH NO WARRANTIES, GUARANTEES, EXPRESS OR IMPLIED.
In all transactions, Maas Companies is acting as an Agent for the Seller. Buyers are urged to inspect items prior to purchase. Seller and Auctioneer are not responsible for items. All information received from reliable sources believed to be correct but not guaranteed by the Auction Company.