CALL AC AUCTIONS 609-705-9143 REAL ESTATE AUCTIONEERS
545 E Absecon Blvd, Absecon NJ 08201
Casino Inn starting bid $999,999.00 Auction on site @ 10:
Casino Inn – Development Opportunity on 5.2 Acres
📍 545 E Absecon Blvd, Absecon, NJ 08201
💰 Starting Bid $999,000.00
🛌 Units: 28 + 3,000 SF 4BR/3BA Owner’s Suite
🛏️ Lot Size: 5.2 Acres
🏢 Zoning: Commercial
🔸 Property Overview: In download below
300 e Absecon Blvd, Absecon NJ 08201
Executive lodge STARTING BID $999,999.00 AUCTION ON SITE
Executive Lodge – Fully Renovated Turnkey Asset
📍 300 E Absecon Blvd, Absecon, NJ 08201
Starting Bid $999,000.00
🔑 Block 173, Lot 11
💰 Cap Rate 15%
🛌 Units: 24
📀 Building Size: ~9,500 SF (plus ~2,800 SF finished basement)
🛏️ Lot Size: 0.72 Acres
🏢 Zoning: Commercial
Poperty Details in Link Below
739 S 2nd Ave, Galloway, NJ 08205
Relax Inn – Turnkey 24-Unit STARTING BID $999,999.00 AUCTI
739 S 2nd Ave, Galloway, NJ 08205
💰 Starting Bid $999,000.00
🛌 Units: 24
📀 Building Size: ~17,000 SF
🛏️ Lot Size: 1.05 Acres
🏢 Zoning: Commercial Hospitality Use (verify with township)
🔸 Property Overview: Details in The link below
200 E White Horse Pike, Galloway, NJ 08205
Economy Motel – Budget-Friendly Lodging Near Atlantic City S
📍 200 E White Horse Pike, Galloway, NJ 08205
💰 Starting Bid $999,000.00
🛌 Units: 20
📀 Building Size: 8,125 SF
🛏️ Lot Size: 0.43 Acres
🗓️ Year Built: 1986
🏢 Zoning: CH – Commercial Highway
📈 2024 Tax Assessment: $520,000
🔸 Property Overview:
Property Details in Link Below
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Terms & Conditions — Real Estate Auction
Eligibility to Bid
- Sale subject to Seller acceptance.
- Bidder must: (i) read and sign these Terms, (ii) present verification of $10,000 in available funds, and (iii) present valid government ID.
At the Fall of the Hammer
- Highest bidder must, at the auction site:
- execute the Agreement of Sale; and
- pay a $10,000 deposit by cash, certified check, cashier’s or treasurer’s check, payable to the Title Company/Escrow Agent.
Additional Deposit
- Bring total deposit to 10% of the purchase price within 72 hours by certified funds or wire to the Title Company/Escrow Agent.
Settlement
- Balance of the purchase price, plus adjustments, due by certified funds or wire on or before 30 days after Agreement signing, at the Title Company’s office unless otherwise agreed in writing. Time is of the essence.
Title and Deed
- Seller to convey by Bargain and Sale Deed in recordable form. Buyer pays recording fees.
Taxes
- Real estate taxes prorated at closing.
Condition; Due Diligence
- Property sold “AS IS, WHERE IS.” Auctioneer makes no representations regarding deed or deed restrictions, title, zoning, surveys, condition, or taxes. All bidders must conduct their own due diligence. Marketing materials are informational only.
Default
- If Buyer fails to close or otherwise breaches, Auctioneer may declare default and retain all deposits as liquidated damages.
Seller’s Inability to Convey
- If Seller cannot convey title, Buyer’s sole remedy is return of deposit; both parties are released from further obligations.
Buyer’s Premium
- 10% Buyer’s Premium payable to AC AUCTIONS LLC at settlement.
Incorporation
- These Terms are incorporated into and form part of the Agreement of Sale executed after the auction.
Purchaser Signature ________________________________ Date ___________
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Charging On 2.5% Commission to Sellers. Why Pay More For Less
2017 Circel Of Excellence Award
See What People Are Talking About. Call Ac Auctions Realty @ 888-391-4303 or call The Auctioneer Robert Salvato Directly 609-705-9143
Our Auction Services Include Real Estate Commercial & Res.
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