LENDER ORDERED AUCTION REAL ESTATE & EQUIPMENT Former Hiawatha Log Homes, Inc. Munising, MI
Details
Inspections
Thursday, September 10 - 11 am to 3 pm
Friday, September 11 - 11 am to 3 pm
Wednesday, September 23 - 11 am to 5 pm
Other times available by appointment.
Bid Deadline
Thursday, September 24 11:00 am
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Complete Liquidation of Hiawatha Log Homes, Inc. on 52 Acres of Industrial Land!!
LATE MODEL BEZNER CUSTOM LOG HOME
MANUFACTURER OPERATED THROUGH 2009
25,460 sq. ft. in 5+ Buildings
Including An Amazing 8,760 sq. ft. Log Office
52.2 acre Industrial Site
$1,000,000 Expansion in 2007 with a 30% Increase in Production Capabilities
8,760 Sq. Ft. Amazing Log Office Building
This custom built log building is beyond description! Absolutely stunning décor! The quality of craftsmanship and design is unsurpassed, and would cost well over $600,000 to duplicate this one-of-a-kind structure. A perfect location for an office/design studio or on-site owner housing.
8,700 Sq. Ft. Mill Building
2,400 Sq. Ft. Shop Building
2,100 Sq. Ft. New Kiln Building
3,500 Sq. Ft. Older Kiln Building
Other Miscellaneous Buildings
Zoned Industrial
Gravel Driveway and Parking
MANNER OF SALE:
Tract 1: All Real Estate including Kilns
Tract 2: Main Milling Line as noted in Lot 10
Tract 3: An Entirety Purchase of Tracts 1 and 2
The property will sell whichever way brings the highest dollar.
Equipment: All remaining equipment, excluding Lot 10 (Main Milling Line), will be sold piecemeal after Tracts 1 & 2.
Internet Bidding is Available on Tract 2 and all Equipment.
REAL ESTATE: $50,000 Certified Deposit due on day of Sale, with a deposit equal to 10% due within 2 business days, and balance due at Closing within 30 days.
EQUIPMENT: Purchases are payable in full on day of sale.
REAL ESTATE & EQUIPMENT: 10% Buyer Premium. EQUIPMENT: 13% Online Buyer Premium.
Real Estate selling Subject to Owner Confirmation. Attorney Randy Osstyn, Osstyn, Ferns & Quinnell, 906-228-3650, is coordinating the closing.
Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event. Valid Government Issued Photo ID required to obtain bidding number.
Broker Participation is welcome, but not required. A 1% Commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he holds an interest, is not entitled to a commission.
Re: LENDER ORDERED AUCTION REAL ESTATE & EQUIPMENT Former Hiawatha Log Homes, Inc. Munising, MI
To Whom It May Concern: Pursuant to your request, please sign and date this release to receive documents relating to the above noted property. The Seller did not prepare these documents and has no knowledge of their accuracy or completeness. None of the documents shall constitute a representation or warranty of any kind by Seller as to the accuracy or completeness of any information delivered. Accordingly, Seller expressly disclaims any responsibility therefor, including any consequences of any reliance by anyone on them. Please note that the documents and the information contained therein are confidential, and by acknowledging receipt, you agree to keep such information confidential and that you shall not, without the prior written consent of Seller, share any of the documents with anyone other than Potential Buyer and representatives of Potential Buyer who need such information for the purpose of evaluating the premises and who are informed of the confidential nature of the information and also agree to be bound by the terms of this confidentiality provision. By this acknowledgement, you further agree that you will return to me the originals and any copies of the materials forthwith upon demand if the contemplated transaction is not consummated. Please do not hesitate to contact our office with any questions you may have.
