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AUCTION: Wildwood Meadows Townhome Subdivision

Real Estate  >  Maas Companies Inc  >  AUCTION: Wildwood Meadows Townhome Subdivision

AUCTION: Wildwood Meadows Townhome Subdivision

by Maas Companies Inc
Event Begins: Tuesday,  August  19,  12:00 PM Central
Event Ends: Tuesday,  August  26,  4:00 PM Central
40 Lots Total, 2 are SOLD, 38 Lots Remaining-Including 10 Improved Lots in the First Phase and a Proposed Second Phase of 28 Lots.

Real Estate is selling subject to owner confirmation.

As set forth in further detail in the Auction Real Estate Purchase Agreement, the Real Estate is subject to the Minnesota Common Interest Community Act, Minnesota Statutes 515B and acts amendatory thereto, by the Restated Declaration for Wildwood Meadow Townhomes (CIC 273), a planned community, dated May 2, 2006, filed May 5, 2006 as Document Number A1098842 by Declarant, Wildwood Meadows, Inc., a Minnesota corporation, and is subject to the terms, conditions and provisions of said act and restated declaration. Buyer acknowledges receipt of the restated declaration, the articles of incorporation, bylaws and any amendments to those documents, that it has had the opportunity to review said documents and that it has completed its own due diligence and inquiry into the status of the Association. Signed form must be on file with Auction Company. AUCTION MANNER OF SALE: Auction is being conducted online only. Bidding ends Tuesday, August 26 at 4PM CDT. $20,000 Minimum Certified Deposit due within 48 hours of auction date. If the Deposit is less than 20% of Purchase Price, an additional deposit is due bringing full deposit amount to 20% of the Total Purchase Price within 48 hours of the auction. Signed Sales Contract is due within 12 hours of the sale. Buyer acknowledges that it has had the opportunity to review all Declarations and Association documents and has completed its own due diligence with regard to the Declarations and the status of the Association. Balance due at closing within 30 days. To obtain a Bidder's Kit, please contact the auction company at (507) 285-1444. Contact Maas Companies direct at 507-285-1444 with regard to the Declarations and the status of Association. All bidders must review documents and sign a Bidder Acknowledgment form stating all documents have been reviewed, prior to being granted bidding privileges.

Wildwood Meadows Residential Townhome Subdivision Wildwood Meadows Residential Townhome Subdivision

Wildwood Meadows Residential Townhome Subdivision

Lot #1 (Sale Order 1 of 1)

Wildwood Meadows: Residential Townhome Subdivision. 40 Lots Total, 2 are SOLD, 38 Lots Remaining-Including 10 Improved Lots in the First Phase and a Proposed Second Phase of 28 Lots Subdivision Sits on Approximately 20.09 Acres, with 16.48 Acres allocated for Future Expansion Zoned Mixed Single-Family Extra Residential Wildwood Meadows is a 20 acre community made up of 40 Townhome lots, located along Bear Creek in southeastern Rochester. Wildwood Meadows welcomed it's first townhomes in 2005 and has a scenic layout with woods, quiet cul-de-sac streets and city utilities. There is a Townhome Association that was established in 2004, but it is currently inactive. Easy access to Highways 52, 63 and 14, just minutes from downtown Rochester and nearby schools and shops. The Grading Plan, Site Plan, Townhouse Association Declaration, and Title Policy paperwork available upon signing a non-reliance form (contact auction company direct). Completed Townhomes Not Included in Sale. Location: Rochester is Minnesota’s 3rd largest city and is home to the famed Mayo Clinic, which is the state’s 2nd largest employer, outside of the government. The city has long been a fixture on Money Magazine’s Best Places to Live. Rochester is known for its’ top rated schools and offers an array of outdoor activities as well as a unique urban downtown area. Schools: Near Pinewood Elementary, Franklin Elementary, Willow Creek Middle School, & Mayo High School. All municipal services are installed to the existing lots and also to the future lots in phase 2. Directions: Located at 37th Avenue SE & 20th Street SE.

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