Courthouse Dr, Martinsburg, WV 25404

Auction Wed. Dec. 16th starts closing @ 12:00 PM Online Only

***AUCTION***Price of $1,600,700 reflects the assessed value ONLY Not the Reserve*** Prime Martinsburg Real Estate Auction 27.29+/- Acres High Traffic Area Location: Courthouse Dr and Forbes Dr Martinsburg, WV 25404 GPS Coordinates 39.478676, -77.962121 Directions: PRIME spot right off of Edwin Miller Boulevard and just 1 minute from I-81 and downtown Martinsburg. Watch for signs. Date: Bidding is Open & Starts Closing Wednesday, December 16th @ Noon Online only bidding Preview Date: Tuesday, December 1st From 11:00 A.M. to 1:00 P.M. 27.29+/- ACRES, Highly developable Acreage, Berkley County, Located in the 2nd highest traffic count in BOTH Berkeley and Jefferson County, Endless Potential, Public Water and Sewer Available, Electric and Natural Gas Available, Berkley County Schools, Utilities on property already. Don't miss an opportunity on this gem! Property has TIF (tax increment financing) available through the City of Martinsburg, TIF are funds that can be used to subsidy for redevelopment, infrastructure, and other community-improvement projects. LEGAL DESCRIPTION: DISTRICT 6 MAP 25 PARCEL 3, 27.29 PARCELS A B & C TOWNHOUSE LOTS 1 THR 101 VILLAGES AT COURTHOUSE SQ Kaufman Realty & Auctions of WV    399 W. Main St.   Bridgeport, WV 26330   David Anthony Kaufman, Broker   License #WV0030037      Andrew Yoder Jr. - Auctioneer/Agent   License #WV0028890   Auc. Lic #2086      Wayne Yoder - Auctioneer/Agent   License #WV0029880   Auc. Lic #2161   In Conjunction with Touchstone Realty Andrew Johnson Terms 10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer's premium will be added to determine the final contract price. Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier's check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier's check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees. Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction. Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. (This is a binding agreement as you will agree to the terms prior to bidding) At the close of bidding. The system is set to add a 5 minute extension when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time. Buyer's Premium Example: Bid Price: $100,000 Plus 10% Buyers Premium: $10,000 Total Contract Price: $110,000 Down Payment $11,000 DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only. DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate BUYER/BROKER INFORMATION: Up to 3% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines.