Valuable Real Estate in Bowers Beach, Delaware
Friday, 29 Sep, 2006 04:30 PM Selling for Private Seller
Bowers Beach, Delaware Terms: See Below
Aerial Pictures of the Property Real Estate
General Information: PUBLIC AUCTION
OF

VALUABLE REAL ESTATE WITH INVESTMENT POTENTIAL

IN BOWERS BEACH, DELAWARE


FRIDAY, SEPTEMBER 29, 2006

4:30 P.M.


From U.S. Rt. 1 just north of Frederica, travel east on Bowers Beach Road for approx. 2.9 miles. Turn left onto Bayview Avenue. Properties will be on right (Signs Posted).

Inspection: Tuesday, September 26 from 4:00 to 5:30 P.M. To arrange a private showing, please contact our office at 1.866.866.8756.

Parcel 1 (82 Bayview Ave.): The property is identified on the Kent County Tax Map in South Murderkill Hundred Map 114.20 Block 1 Parcel 10.00 and consists of 7,500 sq. ft. of land improved with a mobile home. The property has approx. 50 ft. of frontage along Bayview Avenue. The property currently produces $700/month in rental income.


Parcel 2 (92 Bayview Ave.): The property is identified on the Kent County Tax Map in South Murderkill Hundred Map 114.20 Block 1 Parcel 9.00 and consists of 7,500 sq. ft. of land improved with a mobile home. The property has approx. 50 ft. of frontage along Bayview Ave. and is adjacent to Parcel 1. The property currently produces $600/month in rental income.


Parcel 3 (15 Sussex Lane): The property is identified on the Kent County Tax Map in South Murderkill Hundred Map 114.20 Block 1 Parcel 13.01 and consists of 7,500 sq. ft. of land improved with a mobile home. The property has approx. 150 ft. of frontage along Sussex Lane and the back of the property is bordered by farmland. The property currently produces $700/month in rental income.


All three properties are situated just off of Main Street and just outside the town limits of beautiful Bowers Beach. The properties are only a short walk or bike ride away from the Delaware Bay. The seller is relocating and is extremely motivated to sell, so if you’re looking for affordable resort property, do not miss this auction!


Terms (Each Parcel): $7,500.00 non-refundable down payment on day of sale in the form of Cash, Cashier’s, or Certified Check made payable to Jos. C. O’Neal & Sons with the balance to be paid in 45 days when a good & marketable deed will be given. Buyer & Seller will equally share all State & County transfer taxes. State and County and municipal taxes and assessments to be adjusted as of the date of sale. Buyer will be required to pay all costs of preparing and recording the deed. The property is being sold in “AS-IS” condition. Failure to comply with these Terms of Sale will cause the down payment paid on day of sale to be forfeited and the property will be resold at the buyer’s expense. A 5% buyer’s premium will be added to the final selling price. Seller(s) have the right to accept or reject any or all bids, but it is their intent to sell said property.






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