ONLINE ONLY - Quadplex for Sale in Pembroke VA

Start Bidding:

7/26/2021 2:06:00 PM ET

End Bidding:

8/18/2021 4:00:00 PM ET

Event Date:

8/18/2021 4:00:00 PM ET
  • Quadplex for Sale in Pembroke VA

    Real Estate

    Quadplex for sale in pembroke va you have the opportunity to purchase a nice quadplex located in giles county va. This property is a 4 unit apartment

Quadplex for Sale in Pembroke VA

You have the opportunity to purchase a nice quadplex located in Giles County VA. This property is a 4 unit apartment building, built in 1975. The property is in good condition and consists of 3,952 sq. ft. with 1,875 sq. ft. on the lower level and 2,076 sq. ft. on the upper level. The units on the upper level have 3 bedrooms and 1.5 baths. The units on the lower level have 2 bedrooms and 1 bath. This would be a wonderful investment property! The property has a shared well with apartment building on adjoining property. Featuring a shingle roof, brick exterior, private septic, paved driveway and more! Shared driveway with other apartment building which is a right of way off Eggleston Road.

This property is just a short drive, around 20 minutes to Blacksburg & Christiansburg VA. You are also very close to the West Virginia line, Mountain Lake, the New River and more!

1221 Eggleston Road, Pembroke VA 24136
Online Only Auction Ending Wednesday August 18th @ 4 PM

Click Here for Bidder Pack

Click Here for Interactive Map

Unit 5 – This unit features 2 bedrooms, 1 bath and 938 sq. ft. This is a lower-level unit. This property is currently leased for $575 / month and the lease ends December 31st 2021.

Unit 6 – This unit features 2 bedrooms, 1 bath and 938 sq. ft. This is a lower-level unit. This property is currently leased for $525 / month and has a month-to-month lease.

Unit 7 – This unit features 3 bedrooms, 1.5 baths and 1,038 sq. ft. This is an upper-level unit and has a laundry area.  This property is currently leased for $575 / month and has a month-to-month lease.

Unit 8 – This unit features 3 bedrooms, 1.5 baths and 1,038 sq. ft. This is an upper-level unit and has a laundry area. This property is currently leased for $700 / month and the lease ends September 30th 2021.

Preview Dates-  Friday August 6th @ 5 PM & August 13th @ 5 PM

Online Bidding – Online bidding is now active and runs through 4 PM on Wednesday August 18th 2021

Directions – From Blacksburg 460 Business West to 460 West; 10 miles to left on Eggleston Road 2.5 miles property on right.
From Pearisburg 460 Business East to 460 East; 10 miles to Right on Eggleston road 2.5 miles to property on right.

Contact – Broker & Auctioneer Matt Gallimore at 540-239-2585 or email gallimore.matt@gmail.com ; You can also contact Ed Gallimore, Associate Broker at 540-230-9090 or email edgallimore.re@gmail.com

Pre-Auction Sales: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform.  Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions, and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner.  Seller may accept or reject such offer at their sole and absolute discretion.  When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance.  A Buyer’s Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.


TERMS:

10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required on day of sale (August 18th 2021). Close on or before October 4th 2021. Subject to seller confirmation.  Property sold as is where is any and all faults. Buyer is expected to complete their own due diligence. Property is being sold by Online Only Auction with a SOFT CLOSE. Auction starts ending at 4 PM on August 18th 2021. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Auction ends once bidding ends. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.


DOCUMENTS:

Questions? Contact Us!

Matthew Gallimore

(540) 745-2089

gallimore.matt@gmail.com

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