Two-Story Office Building, Conyers, GA
POSTPONED
DATE TO BE ANNOUNCED

John Dixon & Associates is proud to have been commissioned to sell this bank owned office building at public auction. At this important real estate auction, there will be three distinct auction opportunities available to the purchaser: (1) an opportunity to acquire ownership of an outstanding office building, (2) you may bid live at the auction or (3) you may bid online. We encourage you to take a close look at the information included about this prestigious office building and then make plans to attend the open house previews. Be sure to attend this auction on Wednesday, February 2nd at 2:00 p.m. and buy at the price you set…at public auction!

 
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Auction Brochure
Auction Brochure

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DIRECTIONS

From Exit 82 on I-20 in Conyers, take GA Highway 138 North 1.9 miles. Turn right on Eastview Parkway. go 0.2 miles to property on the right at.

Auction Brochure
 


Plat

 

IMPORTANT NOTICE
Auction Rescheduled from December 16, 2010 to February 2, 2011.

Zoning: ID Selling real estate only, no personal property.
Year Built: 2006
Tax ID: 071-0-01-026A
Leased: Yes, one tenant
Upstairs: Two prestigious suites of 3,000 square feet each, one with private balcony.
Downstairs: 1,500 square feet rented to Edward D. Jones and Co. for $1,545 per month through March 31, 2014 with an option to renew for an additional five years. Two additional suites are unfinished; one is 3,000 square feet and the other is 1,500 square feet.
Comments:

Each floor has two restrooms, common area plus elevator and front and rear staircase.

 
AUCTION TERMS & CONDITIONS

TERMS FOR LIVE BIDDING: Pay 10% down of the purchase price at the auction. Balance will be paid in full at closing to be held within 32 days. A copy of the sale contract may be reviewed prior to the auction by contacting the auctioneer.
TERMS FOR ONLINE BIDDING: The online registration will need to be completed, including credit card information which will be verified and approved, and the credit card will be charged $1.00 for this process. If you are the successful bidder and do not deliver the earnest money (10% of the purchase price) which must be certified funds or wire transfer within 24 hours from receipt of the contract, a charge of $5,000 will be placed on the account. The card is for verification purposes to ensure we have serious bidders. Balance will be paid in full at closing to be held on or before Monday, January 17, 2011. The successful online bidder will be notified immediately following the closing of the auction and emailed the purchase contract. The executed contract shall be emailed to K.J. Otis or faxed to 770.425.4413. If you have any questions, you may contact our controller, K.J. Otis, or our online auction manager, Brad Davis or call 800.479.1763.
SUCCESSFUL ONLINE BIDDER: The successful online bidder will be notified immediately following the closing of the auction and issued the purchase contract. The executed contract shall be emailed to K.J. Otis or faxed to 770.425.4413. The earnest money deposit (10% of the purchase price) must be in certified funds or by wire transfer, along with the original executed purchase contract to be received by John Dixon & Associates no later than 24 hours following receipt of the contract.
CLOSING: Balance of the purchase price is due in 32 days, on or before Monday, January 17, 2011.
BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a 10% buyer’s premium of $1,000 will be added to arrive at a purchase price of $11,000.
BROKER PARTICIPATION: A 2% commission of the high bid, before adding buyer’s premium, will be paid to any qualified Georgia licensed real estate broker whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by mail, deliver by hand or fax the prospect’s name and address on John Dixon & Associates’ broker registration form. The registration must include the signature of the prospective purchaser, the signature of the broker and the broker’s real estate license number. The registration must be received at 200 Cobb Parkway North, Suite 120, Marietta, Georgia 30062, Attention: Joe Tarpley, no later than 4:00 p.m. eastern time on the business day preceding the auction. Broker registration may be faxed to 770.425.4413. UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. In addition, to qualify for a commission, the broker must attend the auction with the prospect. Commissions will be paid only if property closes. A commission on a property will be paid only to the first broker registering a prospect. A BROKER CANNOT ACT AS A PRINCIPAL AND BROKER ON THE SAME TRANSACTION. Click here to download a broker participation form.
CLOSING ATTORNEY: Closings will be conducted by Linda Karlo LLP, Lane & Karlo, Atlanta, Georgia, (770.952.3388). Deed preparation will be paid by the seller; all other normal closing costs will be paid by the purchaser. Taxes for 2010 and prior will be paid by the seller; purchaser assumes all of the 2011 taxes. Title insurance will be available at purchaser's expense.
AGENCY: John Dixon & Associates, auctioneer/broker, is acting exclusively as agent for the seller.
SPECIAL NOTE: Property is selling "as-is, where-is" with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning and all other matters revealed by a current survey or an inspection of the property or contained in public records. The only representation and warranties made are those contained in the Contract of Sale. Seller reserves the right to add or delete property, reject any bid (unless selling absolute) and/or cancel the sale. Properties will be conveyed by Limited Warranty Deed. Information contained herein was obtained from sources deemed reliable. The seller and their agents reserve the right to place bids on the property up to the seller’s reserve unless selling absolute, if desired, at their sole discretion. The property will sell "as-is, where-is" with no warranty, express or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate unless denoted in contract. Neither the seller, John Dixon & Associates nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters.
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GAL #2034

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800-479-1763

If you have any questions please let us know. We look forward to hearing from you!