• Former Genesse Hills Golf Course • Numerous Possibilities • 20,000 Vehicles/Day on Saginaw Rd. • Chemical Free Soils • Potential Organic Certification • Currently Zoned R-1 • Tracts 1 & 2 Sell Absolute! Regardless of Price.
165 +/- Acres Offered in 11 Tracts - Real Estate Auction
Grand Blanc, MI - Genesse County
Owner: Janet Laboskey Trust, Dave Laboskey Mon, Oct 15, 2012 EASTERNAUCTION IS OVER
TOTAL SOLD: $269,860
| Tract(s): 1 | @ $46,350 | ($23,175/acre) |
| Tract(s): 2 | @ $94,760 | ($27,074/acre) |
| Tract(s): 3+4+6-10 | @ $90,640 | ($4,771/acre) |
| Tract(s): 11 | @ $38,110 | ($12,703/acre) |
OPEN HOUSE/INSPECTION DATES
Monday, October 1st, 3:30-5pm
Saturday, October 6th, 10-11:30am
Meet an Auction representative at the
Clubhouse on Tract 2. Walk-overs Welcome
PROPERTY LOCATION
5233 AND 5251 Mc Candlish Rd. Grand Blanc MI east of Saginaw Rd. 400 ft. on Mc Candlish Rd.
AUCTION LOCATION
Grand Blanc High School east campus 12500 Holly Rd. at Saginaw Rd. Cafeteria/Commons.
TRACT DESCRIPTIONS
Tract 1: 2± ac approx. 100 ft. frontage on Mc Candlish Rd. 255 ft. frontage on Leach Lane, Large home, approx. 3200 sq. ft., 4 bedroom, 4 bath, fire place, large rooms, 1950s GE Kitchen, cooking island, built in wood meat locker, TRACT 1 SELLS ABSOLUTE
Tract 2: 3.5± ac approx. 375 ft. frontage on McCandlish, approx. 4250 sq. ft. club house, kitchen, bar, dining room, fire place, mini golf in lower level, paved parking, TRACT 2 SELLS ABSOLUTE
Tract 3: 2± ac aprox 195 ft. frontage on Mc Candlish Rd. approx 450 ft. deep, gently rolling. Tracts 3 & 4 are combined.
Tract 4:
Tract 5: 138± ac 150 ft. frontage on Mc Candlish Rd., APPROX. 1200 ft. frontage on Leach Lane, gently rolling to rolling land, excellent soils, very scenic, maintenance building approx. 39 ft. x 84 ft. cement floor, ponds, 10 in. well approx. 600 GPM
Tract 6: 3± ac approx 300 ft. frontage on Mc Clandlish Rd., approx 450 ft. deep, gently rolling. This includes Tracts 6-11.
Tract 7:
Tract 8:
Tract 9:
Tract 10:
Tract 11:
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 11 individual tracts and as a total 165 +/- acres.
DOWN PAYMENT: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES:: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. Tracts 1 & 2 will sell ABSOLUTE regardless of price.
BUYERS PREMIUM: A 3% Buyers Premium will be added to the bid price to determine the contract purchase price.
Evidence of Title: Seller shall provide an owners title insurance policy in the amount of the purchase price.
CLOSING: The balance of the purchase price is due at closing, which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
Possession: Possession of land at closing.
REAL ESTATE TAXES: Taxes shall be prorated to the date of closing.
APPROVALS: Sale and closing shall be contingent upon approval by Grand Blanc Township and the proposed land division and compliance with Public Act 591, as to all parcels sold. All real estate is being sold subject to any existing easements and right-of-ways of record and without grants of further division rights under Public Act 591.
ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share the survey expense 50:50.
AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
Disclaimer & absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding, if there is any questions as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
Any announcements made the day of the sale take precedence over printed material or any other oral statements made.
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