NE OHIO PREMIER REAL ESTATE AUCTION WEDNESDAY, JUNE 20, 2018 AT 11:00 AM REGISTRATION STARTS AT 10:00 AM LOCATION: HOLIDAY INN 6001 ROCKSIDE RD., INDEPENDENCE, OH 44131 LUXURY ESTATE HOMES, INVESTMENT, AND COMMERCIAL REAL ESTATE PROPERTIES HINCKLEY, OH HUNTING VALLEY, OH ONLY $875,000! CHESTERLAND, OH RESERVE PRICE OF ONLY $675,000! HUDSON, OH ONLY $275,000! ONLY $325,000! CHARDON, OH PAINESVILLE, OH EASTLAKE, OH RESERVE PRICE OF ONLY $235,000! 191,000 FT. MULTI USE INVESTMENT OPPORTUNITY 4,500 SF DAY CARE FACILITY DOWNLOAD OUR CHARTWELL AUCTIONS APP! HANNA COMMERCIAL CHARTWELL AUCTIONS MICHAEL BERLAND, AARE, OH AUCTIONEER R.M. (MAC) BIGGAR, JR., OH AUCTIONEER
PARCEL 1 1870 Hawksledge Ct., Hinckley, OH 44233 Sundays, June 3 & 10 & Saturday, June 16 from 1:00PM - 3:00PM MAGNIFICENT COUNTRY ESTATE Sprawling 10,000+ SF French Colonial custombuilt home set on 8 amazing acres. This incredible estate home features 5 bedrooms (including 1st floor master suite with glamour bath & private laundry room), 8 full bathrooms, and 2 half baths. Oversized gourmet kitchen with all high-end appliances and separate butler s pantry. Lower level walk-out with media center, game room & exercise room. Entire property is gated and features a spectacular in-ground swimming pool, hot tub, fish pond/waterfall, screened patio, outdoor cooking station with Viking grill, and meticulously manicured grounds. Comfortable country living just 35 minutes from Cleveland and Akron. R.E. TAXES: $24,232 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $40,000 ONLY $875,000! PARCEL 2 MAGNIFICENT COLONIAL ESTATE HOME 4 Whisperwood Lane, Hunting Valley, OH 44022 Sundays, June 3 & 10 & Saturday, June 16 from 1:00PM - 3:00PM Luxurious 5,816 SF custom home set on a gorgeous 9.5 secluded wooded acre site making it one of the most desirable private retreats in Hunting Valley. This incredible property features 5 bedrooms (including 1st floor master suite with glamour bath and fireplace), 6 full bathrooms and 2 half baths. Oversized gourmet kitchen with all highend appliances, 3 fireplaces, hardwood floors throughout the great room and kitchen, finished basement, and 3-car garage. The property also features an indoor swimming pool with sauna. Great home for entertaining with its open floor plan and outdoor gathering spaces. R.E. TAXES: $19,283 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $35,000 RESERVE PRICE OF ONLY $675,000!
PARCEL 3 EQUESTRIAN CENTURY COLONIAL Charming 4,687 SF Equestrian home set on 6.3 7123 Cedar Rd., Chesterland, OH 44026 Saturdays, June 2, 9 and 16 from 12:00PM 2:00PM beautifully landscaped acres and rolling pastures with a large 12-stall barn. The home features 5 bedrooms, 5 full bathrooms and 1 half bath, including first floor bedroom with full bath, perfect for an au pair or in-law suite. Spacious master suite with updated bath. Updated and remodeled eat-in kitchen with granite counter tops and breakfast bar. 3 fireplaces, central air, 4-car garage, and hardwood floors throughout. The 12-stall barn is well designed with several stalls opening to the pastures and 2 extra large foaling stalls. R.E. TAXES: $9,237 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $30,000 ONLY $275,000! MAGNIFICENT CUSTOM-TBUILT MODERN 2570 Brafferton Ave., Hudson, OH 44236 Saturdays, June 2, 9 and 16 from 11:00AM - 1:00PM PARCEL 4 Elegant 5,700+ SF home set on 1.45 meticulously manicured acres. This desirable home features 4 bedrooms, 4 full bathrooms and 2 half baths with 10 ceilings throughout. All baths have built-in towel warmers. Future option for lower level guest/ in-law suite. Wonderful master suite with glamour bath. All Kohler & Grohe faucets throughout the entire house. Gourmet eat-in kitchen with all top-of-the-line appliances and granite counter tops. This home also has a 4,260 SF lower level, 4 fireplaces, and a snow-melting driveway system! Incredibly well-built home. R.E. TAXES: $11,936 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $25,000 ONLY $325,000!
10319 Sherman Rd., Chardon, OH 44024 PARCEL 5 DISTINGUISHED STONE COLONIAL Attractive custom-built 3,813 SF home set on 5.23 Saturdays, June 2, 9 and 16 from 12:00PM 2:00PM wooded acres with beautiful landscaping. Great location close to Alpine Valley. The home features 4 bedrooms, 3 full bathrooms and 1 half bath. Spacious master suite with glamour bath. Open floor plan with large eat-in kitchen with granite counter tops and island, and high-end stainless steel appliances. Floor-to-ceiling stone fireplace in the 2-story great room. Full basement, porch, patio and 3-car garage. R.E. TAXES: $9,828 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $20,000 RESERVE PRICE OF ONLY $235,000! 1 Victoria Square, Painesville, OH 44077 PARCEL 6 191,000 SF MIXED-USE INVESTMENT OPPORTUNITY Wednesdays, May 30, June 6 and 13 from 10:00AM 12:00PM 36100 Portage Dr, Eastlake, OH 44095 PARCEL 7 Terrific value-added opportunity for the astute user/ investor. Located in the heart of downtown Painesville just 28 miles from downtown Cleveland. Three story office/commercial building situated on 1.75+/- acres. Attached city-owned garage and fully equipped restaurant opportunity. Excellent opportunity for a variety of possible uses/tenants. Currently 25% occupied, the property offers huge upside potential, and is a very desirable value-added candidate. 2017 Gross Annual Income at 25% Occupancy: $691,400. Projected Gross Annual Income at 100% Occupancy: $1,900,000 R.E. TAXES: $51,177 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $22,500 RESERVE PRICE OF ONLY $495,000! 4,500 SF DAYCARE ON 2+ ACRES Operating profitable daycare business for you Saturdays, June 2 & 9 from 2:00PM 4:00PM Tuesday, June 12 FROM 6:30PM 8:00PM to take over, or rent out to an operator. This 4,500 SF building on 2.2 acres could be an opportunity for a variety of possible uses. The structure was built in 1976. Included with the property is an adjacent lot next to McDonald s with an easement through the McDonald s entrance. This is a great location with terrific residential demographics and household density. R.E. TAXES: $7,422 ANNUALLY CASHIER S CHECK REQUIRED TO BID: $8,000 Call Mac Biggar at RESERVE PRICE OF ONLY $75,000!
BIDDER INFORMATION PACKETS FOR JUNE 20, 2018 MULTIPLE PROPERTY AUCTION Please fill in all information on the form below. Enclose check payable to Chartwell Real Estate Auctions in the full amount for the packet requested and mail, fax, or E-mail to: Cameron Price, OH R.E. Salesperson, 1350 Euclid Ave., Suite 700, Cleveland, Ohio 44115. If fax to: 216.861.4672. If E-mail to: CameronPrice@HannaCRE.com. You may also pay via Visa or MasterCard sending as above, Attention: Cameron Price, OH R.E. Salesperson. Generally the Packet Contains: (1) property overview; (2) survey; (3) property disclosures; (4) real estate taxes; (5) legal description; (6) demographics and traffic counts; (7) permitted title exceptions; (8) purchase & sale agreement; (9) terms of sale; and (10) and other pertinent information regarding the respective property. 1. 1870 Hawksledge, Hinckley, OH.. $10 per packet 2. 4 Whisperwood, Hunting Valley, OH.. $10 per packet 3. 7123 Cedar Rd., Chesterland, OH.. $10 per packet 4. 2570 Brafferton, Hudson, OH.. $10 per packet 5. 10319 Sherman, Chardon, OH.. $10 per packet 6. 4 Victoria Square, Painesville, OH.. $10 per packet 7. 36100 Portage Dr., Eastlake, OH.. $10 per packet Shipping & Handling $10 per packet / $25 for International Delivery TOTAL Name: Company: Address: City: State/Province: Zip: _ Telephone: Fax: E-mail Address: Signature Visa/MasterCard# Expiration Date: Security Code (3 digits on back of card): TERMS OF SALE FOR JUNE 20, 2018 MULTIPLE PROPERTY AUCTION AUCTION FORMAT. All bidding is open and public. To bid during the auction, you need to raise your hand, shout out your bid or instruct an Auctioneer s Assistant to call out your bid for you. DOCUMENT PACKAGE. A Bidder s Packet ( Packet ) has been prepared and must be purchased by mail or at On-Site Inspections in order to bid on each property. ATTORNEY REVIEW RECOMMENDED. All information contained in this brochure and all other auctionrelated material, such as the Packet, should be carefully reviewed by an attorney prior to the auction and is subject to and may be superseded by (1) the Real Estate Purchase Agreement to be signed at the auction, as well as by (2) announcements made from the podium prior to the commencement of bidding. AUCTION REGISTRATION. All parties seeking to bid on the property at the auction must sign in at the registration table and show the possession of the required cashier s or certified check. All bidders will be required to sign a statement ( Bidder s Statement ) prior to commencement of bidding that the bidder has inspected the property and sale documents. REQUIREMENTS OF THE HIGH BIDDER. The High Bidder on the respective parcels will be required to immediately tender the required cashier s or certified check of: 1. 1870 Hawksledge, Hinckley, OH. $40,000 2. 4 Whisperwood, Hunting Valley, OH.. $35,000 3. 7123 Cedar Rd., Chesterland, OH...$30,000 4. 2570 Brafferton, Hudson, OH.$25,000 5. 10319 Sherman, Chardon, OH $20,000 6. 1 Victoria Square, Painesville, OH..$22,500 7. 36100 Portage Dr., Eastlake, OH. $8,000 made payable to the following Title Companies as Escrow agents:: Parcels #1-5 and #7, Barristers of Ohio., located at 6000 Parkland Blvd., 2nd Floor, Cleveland, OH 44124, Attn.: Lisa Serre, telephone: 216.986.7625, Parcel #6, Guardian Title & Guaranty Agency, Inc., located at 7550 Lucerne Dr., Suite 310, Middleburg Heights, OH 44130, attention Kim McNally, 216.898.4925, and sign the Real Estate Purchase Agreement. The earnest money must be increased by cashier s or certified check to a total of 10% of the total purchase price, by 4:00 P.M., Wednesday, July 27, 2018 with funds delivered to the offices of the specified Escrow Agent. AUCTION PROCEDURE. Each Parcel is Offered as follows: 1. 1870 Hawksledge, Hinckley, OH: With Reserve. Bidding To Commence At $875,000 2. 4 Whisperwood, Hunting Valley, OH: Published Reserve Price Of $675,000 3. 7123 Cedar Rd., Chesterland, OH: With Reserve. Bidding To Commence At $275,000 4. 2570 Brafferton, Hudson, OH: With Reserve. Bidding To Commence At $325,000 5. 10319 Sherman, Chardon, OH: Published Reserve Price Of $235,000 6. 4 Victoria Square, Painesville, OH: Published Reserve Price Of $495,000 7. 36100 Portage Dr., Eastlake, OH: Published Reserve Price Of $75,000 *ALL PROPERTIES ARE OFFERED ON AN AS-IS, WHERE-IS BASIS WITH ALL FAULTS AND WITH NO REPRESENTATIONS OR WARRANTIES BY SELLER. The authorized signatory of each Seller will be at the auction. The final high bid will be accepted at the time and place of the auction in the event the high bid is equal to or greater than the Published Reserve Price. The Auctioneer reserves the right to ask for an opening bid below the Published Reserve Prices. In the event the bidding level does not reach the Published Reserve Price, the high bid offer will be considered With Reserve, Subject to Seller Acceptance. The final high bid must be irrevocable until 4:00 P.M., Eastern Time, five business days after the actual date of auction. CLOSING DATES. The sale of Parcels 1-5 will close on or before August 3, 2018; Parcels 6 & 7 on or before July 25, 2018, at the Offices of the Title Companies at which time Purchaser shall pay the balance of the Purchase Price. Time is of the essence. BUYER S PREMIUM. Each sale at auction will provide that the Purchaser pay to the Seller as part of the total purchase price a premium (fee) equal to the following percentage of the high bid or offer price: 1. 1870 Hawksledge, Hinckley, OH..8% 2. 4 Whisperwood, Hunting Valley, OH...8% 3. 7123 Cedar Rd., Chesterland, OH. 8% 4. 2570 Brafferton, Hudson, OH.... 8% 5. 10319 Sherman, Chardon, OH... 10% 6. 1 Victoria Square, Painesville, OH.. 10% 7. 36100 Portage Dr., Eastlake, OH. 10% The buyer s premium will be added to the high bid or offer price in the Real Estate Purchase Agreement to determine the Total Purchase Price. Financing, if any, is calculated on the Total Purchase Price. FINANCING. These sales at auction are not offered subject to Purchasers obtaining financing. CONDUCT OF THE AUCTION. Neither Seller, nor Auctioneer is permitted to bid at the auction. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. Announcements made from the podium supersede printed material. Auction is open to registered bidders and invited guests. In the event of a dispute between bidders, the Auctioneer shall make the final decision to accept the final bid, to re-offer and re-sell the property, or to remove the property from the auction. If any disputes should arise following the auction, the Auctioneer s records shall be conclusive. AGENCY DISCLOSURE. Hanna Commercial, Chartwell Auctions, LLC (DBA Chartwell Real Estate Auctions), Michael Berland, OH Auctioneer, ( Brokers/Auctioneer(s) ) and all parties associated with Brokers /Auctioneers, represent the Sellers in this sale. BROKER PARTICIPATION. A referral fee equal to 2.00% of the High Bid Price will be paid by the seller from the seller s proceeds of sale to the Real Estate Broker acting as a buyer broker, who s Client pays for and closes on the property. To qualify for the referral fee, the real estate agent must: (a) be a licensed real estate broker who will abide by the Association of Realtors Code of Ethics; (b) register the Client by fax: 216.861.4672, attn.: Mike Berland, on company letterhead, and confirm the buyer-broker arrangement (Registration) with the Broker, Auctioneer prior to June 13, 2018, (c) inspect the property with their prospect; and (d) attend the auction and bid with or for the Client. All Registrations accepted will be acknowledged by Auctioneer. Each participating broker must bring their written acknowledged Registration to the auction for verification. No Broker will be recognized on a Client who has previously contacted or been contacted by the Seller, their representatives or Auctioneer. Referral fees will be paid upon closing by Seller and receipt of all commissions by Auctioneer. No referral fees will be paid by the Seller, if the broker, the broker s agents, or a member of the broker s immediate family is participating in the purchase of the property. An affidavit will be required certifying that the broker is not participating in any way as a principal. No sub-agency shall be offered to any broker by Auctioneer. There can be no exceptions to this procedure and no oral Registrations will be accepted. Brokers are hereby notified that the Seller has provided a dual commission arrangement for the sale of the property. DISCLAIMER: The information contained herein is subject to inspection and verification by all parties relying on it. This sale is being conducted subject to the Terms of Sale and the Real Estate Purchase Agreement. No liability for its inaccuracy, errors or omissions is assumed by the seller or broker/auctioneer. ALL ACREAGE, SQUARE FOOTAGE, AND DIMENSIONS ARE APPROXIMATE. This offering may be withdrawn, modified, or canceled without notice at any time. Property is subject to prior sale. This is not a solicitation or offering to residents of any state or jurisdiction where prohibited by law.
Chartwell Real Estate Auctions 1350 Euclid Avenue, Suite 700 Cleveland, OH 44115 / Fax: 216.861.4672 ChartwellAuctions.com Michael Berland AARE, OH Auctioneer R.M. (Mac) Biggar, Jr., OH Auctioneer NE OHIO PREMIER REAL ESTATE AUCTION WEDNESDAY, JUNE 20, 2018 AT 11:00 AM REGISTRATION STARTS AT 10:00 AM LOCATION: HOLIDAY INN 6001 ROCKSIDE RD., INDEPENDENCE, OH 44131 LUXURY ESTATE HOMES, INVESTMENT, AND COMMERCIAL REAL ESTATE PROPERTIES HINCKLEY, OH HUNTING VALLEY, OH CHESTERLAND, OH ONLY $875,000! RESERVE PRICE OF ONLY $675,000! ONLY $275,000! TCN WORLDWIDE WITH 1200+ INDUSTRY EXPERTS IN 62 COMMERCIAL OFFICES SERVING OVER 200 MARKETS INCLUDING: LONDON NEW YORK WASHINGTON DC CLEVELAND CHICAGO DALLAS LOS ANGELES SYDNEY SEOUL BEIJING NE OHIO PREMIER REAL ESTATE AUCTION WEDNESDAY, JUNE 20, 2018 AT 11:00 AM REGISTRATION STARTS AT 10:00 AM LOCATION: HOLIDAY INN 6001 ROCKSIDE RD., INDEPENDENCE, OH 44131 LUXURY ESTATE HOMES, INVESTMENT, AND COMMERCIAL REAL ESTATE PROPERTIES HINCKLEY, OH HUNTING VALLEY, OH CHESTERLAND, OH ONLY $875,000! RESERVE PRICE OF ONLY $675,000! ONLY $275,000! DOWNLOAD OUR CHARTWELL AUCTIONS APP!