Kenny Werlinger Homestead Apartments Auction
FRIDAY JUNE 14, 2019 @ 7:00PM
Location: 502 3rd Ave NW, Ashley, ND
This 4 unit, split level Apartment complex was established in the early 80’s. Each unit has 2 good sized bedrooms. The living room is quite large and opens up to the kitchen which comes with a stove and refrigerator and a good sized pantry. Each apartment
is heated with electric baseboard and cooled with wall mounted air conditioning. There is a common area on the lower level where the washer & dryer are located, along with the rear exit. Also each units electric meter is in that area. All the units were painted within the past 2 years. There is also a detached 4 stall garage with shelving around the walls for extra storage.
This is a good business opportunity. It could easily be used for either long or short term rentals. Although some updates would be nice, the overall condition is very good, with the exception of the shingles which really should be replaced.
Legal Description: Lots 16, 17 Blk 62 and S 14’ of 18; Blk 62
Ulmer Auction is representing the seller of this property. The taxes will be prorated to closing. 20% down payment day of sale with the balance at closing.
Taxes for 2018 were approx $1,150.00.
Also, any tenants will require 30 days notice if new landlord wishes them to vacate.
Click on the sale bill for a complete listing of all the auction items and for a printable pdf.