AUCTION ID #: 430174 Bookmark and Share
4 Lots Camping/Cabin Land Woodland Lakes MO Missouri Investors Package
Item 430174  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 11-29-09    10:45 PM ET
Auction Closed: 12-06-09    08:00 PM ET
Asset Details
Seller Information
Seller Name: Cashflow To Retire
Rating: Seller Rating - 5 (36)
Location: Sullivan, MO    63080
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Bid Increment: $25
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $300
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Item Specifics
 
Land Properties  
  Address
Sullivan, MO 63080
United States

Asset Description

Welcome to Beautiful Woodland Lakes in Sullivan MO!

Investors Dream! Four Camping Lots for sale in one auction!!

Photobucket

Just 70 miles South West of St Louis, Missouri lies Woodland Lakes, a gated planned community that covers over 2,800 acres. Woodland Lakes has 11 fishing lakes that are stocked with catfish, bass and crappie, for excellent fishing. Property owners are able to enjoy boating, fishing, camping, swimming, pool, parks, and picnic areas.  There is a Country Store, a swimming pool and a baseball field. There are about 200 families who live in Woodland Lakes year round. Hundreds more live or visit in the summer months. The front gate is manned 24 hours a day. Learn more about the community from their website.

Lakes in Woodland Lakes-

  • Aspen Lake
  • Crystal Lake
  • Deer Lake
  • Delago Lake
  • Del Vista Lake
  • Emerald Lake
  • Greens Lake
  • Piney Lake
  • Ruby Lake
  • Spring Lake
  • Woodland Lake

Crystal Lake is the largest lake on which you can water ski and fish. More information about each lake here


Crystal Lake

 
Power - Power is in the community
Water - You can drill a well on a camping lot
Sewer - There are very well kept bathrooms in the area
Time Limit - No time limit to build
Roads - Gravel, some paved Asphalt

Market Value is approximately $1,500 PER lot!

Now is the best time to invest in Real Estate, and during this recession land should be in your portfolio. This is a great opportunity to expand your portfolio now, either as a short or long term investment. Invest in this group of FOUR camping/cabin lots and pay less than market value of just ONE lot. You can resell two or three of them and easily pay for all four. Sell three, make a profit and keep one for yourself, or sell all four and make a huge profit.

These are Camping/Cabin Lots, you can-

  • Build a Camping cabin (420 sq ft, no indoor plumbing) on each of these lots
  • Leave a camper/tent on the lot year round
  • Build a pavilion on the property for great family parties
Three of these lots are in Section 2, very near the most popular lake, Crystal Lake. (see maps to the right). Two of those lots, #69 & #70, are adjacent to one another. The fourth lot is near Greens Lake in Section 55 (see map below). Your winning bid buys all FOUR lots, this is NOT a down payment auction. There will be a 10% buyers premium and a one time $249.00 document prep fee that will be added to the winning bid.

  • Location- Sullivan, Missouri
  • Legal descriptions-
  • Lot 29 Block 7 Sec 2
  • Lot 69 Block 6 Sec 2
  • Lot 70 Block 6 Sec 2
  • Lot 8 Block 141 Sec 55
  • Yearly taxes approx $40 per year per lot
  • Property Owner Fees are $134 per year, $96 for each additional lot owned
  • The lot sizes vary but are approximately .07 acres

DUE DILIGENCE

Before purchasing any property conduct your own due diligence. All properties are sold "as is, where is"and in the same physical condition as when we received them. All information on our properties comes from reliable sources such as Property Owners Association (POA), federal, state, county, and other governmental agencies. Ask all questions before you purchase. Your bid is a legal agreement to purchase and by bidding you indicate that you have completed all of the necessary DUE DILIGENCE.

PAYMENT

A 10% buyers premium and a one time document preparation fee of $249.00 will be added to the winning bid that covers deed preparations, recording fees, transfer taxes, and notification of all relevant agencies. The time period for the deed transfer depends on the county, but we will do our best to have the deed delivered in between 3-6 weeks after the purchase. Payment must be made within 5 business days. Once payment is received and cleared by the bank, then a Quitclaim deed will be issued and sent to the county to be recorded and then forwarded to you. We accept cashier’s/certified checks, money order, Paypal money, or credit cards through Paypal. NO PERSONAL CHECKS. All estimated fee and tax amounts are listed correctly to the best of our knowledge.
The photographs in this advertisement ARE NOT of the actual parcels for sale.


Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.


PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

  • A satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
Payment Type
  • Certified/Cashier's Check
  • Money Order