U.S Bankruptcy Court – Raymond & Associates CS#15-01883

RESCHEDULED to Saturday, April 1st at 10AM (cst)


RESCHEDULED – Selling for the US Bankruptcy Court Trustee, the assets including real estate of Raymond & Associates, a boat yard, forklifts, (2) cranes, (2) mobile offices, overhead cranes and much more.

LIVE ON-SITE AUCTION
Began: 04/01/17 at 10:00 AM CDT
Location: google pin icon 14562 Shell Belt Road W., Coden, AL 36523

NOTICE:  AUCTION RESCHEDULED DUE TO EXPECTED THUNDERSTORMS IN THE AUCTION AREA ON THURSDAY, MARCH 30TH!

U.S Bankrupcty Court Auction

Raymond & Associates (Boat Builders) – Case# 15-01883

RESCHEDULED TO Saturday, April 1, 2017 at 10:00 AM (cst)

(Registration Begins On-site at 8:00 AM cst)

Location:  14562 Shell Belt Road W., Coden, AL 36523

Boat Builders & Repair Yard in Bayou LaBatre/Coden, Alabama

 

Property consists of Forty-One (41) Acres with Bayou Waterfront offered  in (3) Tracts with the Right to Combine.  Equipment to be sold consists of cranes, cherry pickers, man-lifts, containers, water truck, welders, goose neck trailer, dump trailer,forklifts and shop tools. Also selling trailers, scrap iron, concrete pilings, tool boxes and much more!  Mega Plasma Cutter and Wet Table will also be sold.  Full Lot Listing available under “Documents” tab.
 
Tract #1: Approx. 1.7 acres with 73′ x 200′ building that is 75 ft. tall, plus 1500 sf office space, water frontage on the Bayou. Individually owned and nothing to do with the bankruptcy cases.
 
Tract #2: Approx. 12 acres with boat yard and travel lift ramp. Fronts the Bayou and joins Tract #1 and Tract #3. Lays on both sides of Shell Belt Road.
 
Tract #3: Approx. 28 acres with huge, like-new building. Fronts Shell Belt Road and Railroad Street. Joins Tract #2 and has office. NOTE:  (3) Overhead Cranes and Plasma Cutter will be sold separately.
 

ONLINE BIDDING AVAILABLE:

http://coastalauction.hibid.com

Please read all terms and conditions prior to bidding online.

OPEN HOUSE INSPECTION THIS WEEK:

ALL WEEK – MONDAY THRU FRIDAY

March 27, 28, 29, 30 and 31st from 9am until 4pm (cst)

Information, call Coastal Auction Co., Inc. at

(800)669-5717 or (251)967-4044

 

 

DISCLAIMER:
All property is being sold “AS IS”. Coastal Auction Co., Inc. is the selling agent only.  Announcements made at the auction supersede all oral and printed information. All information contained in the advertising was derived from sources believed to be correct, but is not guaranteed.  Auctioneer reserves the right to deny any person admittance to the auction. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. Bidders shall look only to the property owner as to all matters regarding the property. The Auctioneer shall not be responsible or liable in any way if the owner fails to honor any bid, or refuses to, or cannot close sale in accordance with the winning bid or any contract entered in respect thereof. It is the buyer’s responsibility to verify all specifications prior to sale date. Seller reserves the right to add or delete property prior to auction. Coastal Auction Co., Inc. is not responsible for any accident while at this auction. 

 REAL ESTATE TERMS:

TRACT #1:  $200,000 Down Day of Sale in form of Cashier’s Check or Bank Letter of Credit with Personal/Business Check and balance with deed at closing within 30 days. Property taxes prorated.  Possession with Deed. 10% Buyer’s Premium will be added to determine final sale price. 
TRACT #2:  $150,000 Down Day of Sale in form of Cashier’s Check or Bank Letter of Credit with Personal/Business Check and balance with deed at closing within 30 days. Property taxes prorated.  Possession with Deed. 10% Buyer’s Premium will be added to determine final sale price. 
TRACT #3:  $100,000 Down Day of Sale in form of Cashier’s Check or Bank Letter of Credit with Personal/Business Check and balance with deed at closing within 30 days. Property taxes prorated.  Possession with Deed. 10% Buyer’s Premium will be added determine final sale price. 

EQUIPMENT/PERSONAL PROPERTY TERMS:
All items must be paid for day of auction – No Exceptions
Buyer’s Fee for auction are charged per lot
10% per ITEM
An additional 2% internet fee for online bidders.
All items sold as is/where is with no warranty or guarantee. Catalog is meant as a guide. No warranties or guarantees as to accuracy, year, hours, descriptions, count, measure, weight, condition, value, merchant-ability, safety or usability is expressed or implied. Inspect all items before bidding. Descriptions and Catalogs both printed and online are meant only as a guide.  Any announcement day of sale supersedes any advertised terms and conditions, descriptions or information posted prior to the auction of item or items.  All items purchased must be removed by April 10, 2017. Any items not removed will be considered abandoned.

 

 

OPEN HOUSE INSPECTION:

ALL WEEK

Monday thru Friday, March 27th thru March 31st

from 9:00 am until 4:00 pm each day (cst)

 Information, call Coastal Auction Co., Inc. at

 (800)669-5717 or (251)967-4044

 

Location:  14562 Shell Belt Road W., Coden, AL 36523.  Auction Signs Posted.

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AERIAL VIEW OF PROPERTY

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Coastal Auction Co. Inc.

http://coastalauction.com

159 Parkway South Gulf Shores, AL 36542

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