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Townhome Investment Properties for Sale in Abingdon VA!

Auction on 07/22/2021 @ 4:00 PM EST
Auction Type: online

Description

You have the opportunity to purchase 4 townhomes and 9 townhome lots in Abingdon VA offered for sale by online only auction. Each Townhome is very similar, offering 4 bedrooms and 2.5 baths. Each home boasts hickory wood flooring, ceramic tile, granite countertops in kitchen and baths, neutral paint, spacious rooms, custom closets, & nice lighting! The basement level features an etched, stamped concrete foyer entrance, laundry/half bath combo, bonus room, & a 2 car tandem garage. The exterior consists of quality features of brick & vinyl siding with concrete driveway, landscaping, open back deck, and curbs with sidewalks. The Townhomes were built in 2014, have 2,523 Square Feet of living area and 500 square feet of unfinished basement for storage. The Townhome lots are ready for building and have access to town water and sewer. Zoning is AB. Download Bidder Packet for complete information such as maps, floorplans, tax cards, HOA, Terms of Auction, Sample Purchase Contract, and property information.

Townhomes will be offered individually and the 9 townhome lots will be offered as 4 lots combined and 5 lots combined. Bidder(s) desiring more than one offering will need to be high bidder on each offering desired. Bidding will remain open on all offerings until bids are complete on each offering.

Online Only Auction Ending Thursday July 22nd @ 4 PM

101 Smartview Lane, Abingdon VA 24210
103 Smartview Lane, Abingdon VA 24210
105 Smartview Lane, Abingdon VA 24210
107 Smartview Lane, Abingdon VA 24210
9 Building Lots on Smartview Lane, Abingdon VA 24210

Offering 1 – Townhome at 101 Smartview Lane, Abingdon VA; This offering is known as tract 1 and is currently rented for $1,300 / month.

Offering 2 – Townhome at 103 Smartview Lane, Abingdon VA; This offering is known as tract 2. Currently not leased. Previously rented for $1,200 / month.

Offering 3 – Townhome at 105 Smartview Lane, Abingdon VA; This offering is known as tract 3 and is currently rented for $1,200 / month.

Offering 4 – Townhome at 107 Smartview Lane, Abingdon VA; This offering is known as tract 4 and is currently rented for $1,300 / month.

Offering 5 – 4 lots totaling .349 Acre +/- at 109, 111, 113, and 115 Smartview Lane, Abingdon VA.

Tract 5, Tract 6, Tract 7, & Tract 8

Offering 6 – 5 lots totaling .345 Acre +/- at 117, 119, 121, 123, & 125 Smartview Lane, Abingdon VA.

Tract 9, Tract 10, Tract 11, Tract 12, & Tract 13

Preview Dates – Thursday July 8th @ 4 PM and Friday July 16th at 4 PM

Online Bidding – Online bidding is now active and runs through 4 PM on July 22nd 2021. SOFT CLOSE.

Directions – From 81 North, Exit 19, Left at Ramp onto Route 11. Travel approximately 1 mile then right after crossing bridge onto Thompson Drive. Take Immediate right onto Baugh Lane. Continue approximately 3 miles then left onto Smartview Lane. Property on left. See sign.

TERMS AND CONDITIONS

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 per offering required on day of sale (July 22nd 2021). Close on or before September 7th. Subject to seller confirmation.  Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on July 22nd 2021. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Some of the maps are used for illustration purposes and bidders should rely on surveys for acreage and boundary. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.

Contact – Realtor Evie Hunt at 276-608-1883 or email eviejhunt@gmail.com ; Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com