CALL AC AUCTIONS 888-391-4303 REAL ESTATE AUCTIONS

609-705-9143
LET COMPETITIVE BIDDING BRING THE HIGHEST PRICE
609-705-9143
LET COMPETITIVE BIDDING BRING THE HIGHEST PRICE
CALL AC AUCTIONS 888-391-4303 REAL ESTATE AUCTIONS
LET COMPETITIVE BIDDING BRING THE HIGHEST PRICE
LET COMPETITIVE BIDDING BRING THE HIGHEST PRICE
All Information Deemed Reliable but not Guaranteed
AC Auctions ~ Tel: 888-391 4303
Robert Salvato Cell 609-705 9143
1. Read and sign these terms and conditions.
2. Present or have verification of 100,000.00 in certified funds.
3. Have a valid identification, DL, Passport, ect.
B. Bidding. The highest bidder shall be required, at the conclusion of the sale and at the auction site to:
1. Sign a written contract of sale.
2. To deposit $100,000.00 by certified check, cashier’s check, or treasurer’s check, payable to The Title Company or attorneys IOTA account.
• The Name Club Risqué will not be included in the sale. Seller will provide 90 days to buyer for name change.
Lot Size: 10,000 SF
Building 3500 + SF
Taxes $8,831.00 per year
At auction we will offer the property in multiple creative ways. A) a straight purchase of the real estate and all associated licenses including the liquor license,
B) A transfer of all associated licenses including the liquor license and a 5 year or less lease purchase.
C) A transfer of all associated licenses including the liquor license and a 5-to-10-year lease. If you have any other creative ideas, the owners are open to negotiate.
AUCTION ON –SITE
September 9TH 2022 @
@ 12: NOON STARTING BID $299,999 for all or
15,000 per lot. Absolute Auction
Total of 17 Lots located on N. Rhode Island, N Vermont, Grammercy and Irving between Atlantic & Arctic Totaling approx. 30,000 SF
Location
42 N RHODE ISLAND AVE
40 N RHODE ISLAND AVE
43 N RHODE ISLAND AVE
41 N RHODE ISLAND AVE
N RHODE ISLAND AVE
316 GRAMMERCY Pl
GRAMMERCY PL RR
314 GRAMMERCY Pl #A
314 GRAMMERCY Pl
312 GRAMMERCY Pl
28 N IRVING AVE
26 N IRVING AVE
24 N IRVING AVE
40 N VERMONT AVE
36 N VERMONT AVE
31 N RHODE ISLAND AVE
15 S TEXAS AVE
1. Lot 3.01, Block 723 on the current Galloway Township Tax Map.
2. Lot 3.02, Block 723 on the current Galloway Township Tax Map.
3. Lot 8.02, Block 719 on the current Galloway Township Tax Map.
4. Lot 2.01 Block 723 on the current Galloway Township Tax Map.
5. Lot2.02, Block 723 on the current Galloway Township Tax Map.
6. Lot 8.01, Block 719 on the current Galloway Township Tax Map.
7. Lot 4.01, Block 723 on the current Galloway Township Tax Map.
8. Lot 4.02, Block 723 on the current Galloway Township Tax Map.
9. Lot 4.03, Block 723 on the current Galloway Township Tax Map.
10. Lot 6.01, Block 628 on the current Galloway Township Tax Map.
11. Lot 6.02, Block 627 on the current Galloway Township Tax Map.
12. Lot 9, Block 627 on the current Galloway Township Tax Map.
13. Lot 8.02, Block 627 on the current Galloway Township Tax Map.
14. Lot 7 Block 628 on the current Galloway Township Tax Map.
15. Lot 8, Block 628 on the current Galloway Township Tax Map.
16. Lot 2.02, Block 632 ·on the current Galloway Township Tax Map.
17. Lot 8, Block 629 on the current Galloway Township Tax Map.
18. Lot 6.02, Block 719 on the current Galloway Township Tax Map.
19. Lot 7.01, Block 719) Galloway Township Tax Map.
20. Lot 7.02, Block 719 on the current Galloway Township Tax Map.
21. Lot 1.03, Block 719 on the current Galloway Township Tax Map.
22. Lot 1.02, Block 631 on the current Galloway Township Tax Map.
23. Lot 3, Block 633 on the current Galloway Township Tax Map.
24. Lot 5, Block 633 on the current Galloway Township Tax Map.
25. Lot 6, Block 633 on the current Galloway Township Tax Map.
26. Lot 6.01, Block 719 on the current Galloway Township Tax Map.
27. Lot 6.03, Block 719 on the current Galloway Township Tax Map.
28. Lot 2, Block 633 on the current Galloway Township Tax Map.
29. Lot 4.01, Block 632 on the current Galloway Township Tax Map.
30. Lot 4.02, Block 632 on the current Galloway Township Tax Map.
31. Lot 13, Block 627 on the current Galloway Township Tax Map.
32. Lot 4, Block 631 on the current Galloway Township Tax Map.
33. Lot 3, Block 63 on the current Galloway Township Tax Map.
34. Lot1, Block 632 on the current Galloway Township Tax Map.
Let Grace Properties and Ac Auctions List and Sell Your Property
* Your property is not listed for auction rather your property is Listed in the MLS the same as any regular listing contract.
* Once multiple offers come in, we use the “AUCTION STYLE” process to make buyers bid competitively. We invite the qualified buyers to an open house at the property followed by the auction bid process to achieve the highest price.
* We keep the two lower back up offers to provide security of a buyer who can not complete the closing process.
* Every other aspect of this process is 100% the same as a traditional sale
* No auction buyers fee, no additional fees whatsoever, we just work harder to get you the best and highest price.
5.29 Acer site Across from the Borgata Hotel/Casino AUCTION ON –SITE OCT. 16th @ 12:NOON STARTING BID $999.999.99
25 S Congress Ave. Atlantic City NJ 0840110 Apartment unit 2/3 bedroom, 4/2 bedroom,
4/1 bedroom Total Income: 98,800.00, Net Profit: 78,580.00. Starting Bid Price 499,000.00
21 South Mansion Ave ACNJ 08401 12-1 Bedrooms Total Income: 87,600.00. Net Profit: 67,580.00, Starting Bid Price 499,000.00
18 S Pennsylvania Ave. ACNJ 08401 Down the Street from the HARDROCK CASINO
9 Apartments 1 Store Front (Margo’s Bar Restaurant) Starting Bid Price 499,000.00
2511 Pacific Ave. ACNJ 084016-1Bedroom , 1-3Bedroom Total Income: 50,600.00
Net Profit: 40,000.00, Starting Bid Price 199,000.00
1424 N Arkansas Ave. Atlantic City NJ 08401 “DUPLEX”1-2 bedroom and 1-3 bedroom
Charging On 2.5% Commission to Sellers. Why Pay More For Less
See What People Are Talking About. Call Ac Auctions Realty @ 888-391-4303 or call The Auctioneer Robert Salvato Directly 609-705-9143
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All Information Deemed Reliable but Not Guaranteed
609-705-9143
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