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Entirety 1857, 1859 & 1861 S Sawburg Rd
Alliance, OH 44601
$1,739,100.00


24-Unit, 15-Unit & 12-Unit Apartment Buildings

Friday, September 28, 2018
Auction Starts: 1:00 PM    -   Real Estate: 1:00 PM
Outstanding Income Producing Properties
Sierra Apartments
Auction #1: 24-Unit Apartment Building
Auction #2: 15-Unit & 12-Unit Apartment Building
Alliance, OH – Marlington Schools – Stark Co.
Buy 1, 2, Or All 3 Buildings

Absolute auction, all sells to the highest bidder(s) on location:
Auction #1 - 1861 S. Sawburg Rd., Alliance, OH 44601 and Auction #2 - 1857 & 1859 S. Sawburg Rd., Alliance, OH 44601
Directions: Take State St. east of RT 62 in Alliance, go just north on Sawburg Rd.
Download Printable Flyer For This Auction

Sept 28_S Sawburg Rd.pdf (1.85MB)

AUCTION #1 – 1861 S. SAWBURG RD.: Parcel #7700977. 24 efficiency units built in 1976. Units rent for $350 plus electric.

AUCTION #2 – 1857 S. SAWBURG RD.: 15 units built 1976. (5) 2 bedrooms, 2 baths, rents for $475 plus electric. (2) 2 bedrooms, 1 bath, rents for $450 plus electric. (8) efficiency units, rents for $350 plus electric. 1859 S. SAWBURG RD.: 12 units built 1975. (4) 2 bedrooms, 2 baths, rents $475 plus electric. (8) 2 bedrooms, 1 bath, rents for $450 plus electric. Both buildings on parcel #7700822.

NOTE: Excellent rental history and very well maintained and managed units. Roof shingles 2011, each building has coin-operated washers & dryers. Total 2017 gross income approximately $216,000. Units open at 11:00 AM auction day. Call Lori or Pete with questions about how to bid and buy successfully and other details.
Real Estate Terms15% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price, which goes to the seller. 45-day closing. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
Auction Order OfFairbanks Building Co. Inc.
Auctioneer/Realtor: Lori Kiko
Email: lori@kikocompany.com
Office: 330-455-9357 ext 126
Mobile: 330-495-3617
Fax: 330-453-1765
Auctioneer/Realtor: Peter R. Kiko
Email: peter@kikocompany.com
Office: 330-455-9357 ext 128
Mobile: 330-705-5996
Fax: 330-453-1765

KIKO Auctioneers (330) 455-9357
2722 Fulton Dr. NW, Canton, OH 44718

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