Multi-Property Investment Auction - 7 Wichita Area Properties

Your opportunity to bid on 7 income-producing properties, selling separately! 2 single-family homes, 3 duplexes, and 2 fourplexes, all offered at auction. Title work has been started at Meridian Title Company. Taxes and existing rents will be prorated to the closing date, facilitating a seamless transfer of ownership. All tenant security deposits will be transferred to the new owner at closing. Don't miss this opportunity to bid on 7 income-generating properties at auction.

The auction will close at 2 PM on the first property and they will end every 15 minutes thereafter.

All properties will be open Sunday April 13th from 1-4 PM

10% buyer premium will be added to the final bid and make up the final contract price. Property is selling in its “as-is” present condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer’s responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of the title insurance and the closing fee. ALL taxes will be prorated to the day of closing. Bidding is not contingent upon financing. Closing to take place on or before 30 days from the auction closing date. The Seller reserves the right to accept any offer made prior to the auction's close, regardless of the current highest bid, only if the reserve price has not been met. In the event of an acceptable pre-auction offer, the auction will be immediately terminated and the highest bidder notified. Non-refundable earnest money deposit due at the conclusion of the auction in the amount of $5,000. The property on Hunter and Topeka require a $7,500 Earnest Money deposit.