Private Equity Firm Auction | Surplus Real Estate Across FL, KY, MI & MO
5 Properties Across 4 States: Seven Hills Auctions presents an exceptional opportunity to acquire five diverse real estate assets being sold by order of a private real estate investment firm. The seller acquires land, installs cell towers, and retains the tower leases and associated income or creates easements which contain the cell tower leases, while divesting the properties. Each property is being sold subject to existing cell tower ground leases and its related easements, which will remain under the seller's control or easement holder.
FEATURED PROPERTIES:
In Kentucky, the portfolio includes 45± acres of residential land in Frankfort and a cabin with 108± acres in Lockport. The Florida offering consists of 4.45± acres of agricultural land in Naples. Michigan features a single family residence with 14± acres in Battle Creek, while Missouri rounds out the collection with an office/warehouse facility in St. Louis.
Don't miss this rare opportunity to acquire quality real estate across multiple markets from an institutional seller. Register today to participate in this exclusive auction event!
Thank you for participating in our Auction Showcase Event. Prior to placing a bid, please review the following information:
- Read the Terms & Conditions prior to bidding. The auction is being conducted under these conditions, do not bid without reviewing.
- The Auction Clock: This auction includes an EXTENDED BIDDING feature. If a bid is placed on any property within the last five (5) minutes of the auction, the ending time of the auction for ALL properties will be extended for five (5) minutes. The properties are all in the same auction, and all properties share the same auction clock.
- Sample Contract: The contract we will be using can be found in the documents & download section. Please review this carefully prior to bidding. This is the contract that will be used and cannot be modified.
- Property Details: Please check the details tab at the bottom of the individual property page for any property specific announcements.
- Title: All properties are being sold subject to the seller being able to provide good marketable and insurable title. Please review the sample contract for more details
- After the Auction: Once the auction is completed, the high bidder will receive a call from a 7H staff member to discuss the next steps. Please make sure your phone number and email address are correct in your account settings. The Contract and Earnest Money Deposit is Required within 24 hours. No Exceptions. If you are unable to complete these items within 24 hours do not bid. If you fail to complete these items, you could be subject to a $5,000 non-performance penalty per property.
- Payment: If you are obtaining financing, make sure you are approved by your lender, and that they are fully aware of the property you intend to purchase. These properties are being sold subject to a non-refundable deposit, no financing contingency, no due diligence contingency, and a 30-day closing period.
- Cell Tower Disclosure: These properties are being sold subject to an existing cell tower lease and associated recorded easements. The lease and easements shall remain in full force and effect following conveyance. Buyer acknowledges and agrees that all rights to rental income, revenue sharing, or any other financial benefit associated with the cell tower lease are excluded from this conveyance, and no such rights shall transfer with title. Buyer shall have no claim, demand, or entitlement to any income derived from the lease. Buyer accepts title subject to these encumbrances and waives any objection or claim related to the existence or operation of the cell tower.
