Albany, Georgia

406 & 408 N. Cleveland Street

Real Estate, Hardware, Woodworking Equipment, and Miscellaneous

(Remaining inventory & equipment of Giles Builders Supply)

Lot Size 220’ x 185’

2 Buildings

Building #1

 3990 Sq. Ft.

1000 Sq. Ft. Office Area

2990 Sq. Ft. Warehouse & Storage

Building #2

9160 Sq. Ft. Warehouse and Wood working Shop

3 Phase Power

Zoned C-3 Commercial

407 & 409 N. Cleveland Street

Lot Size 150’ x 133’

Fenced

Zoned C-2 Commercial

411 N. Cleveland Street

Lot Size 75’ x 133’

Fenced

Zoned C-2 Commercial

952 Maple:

2 Warehouse Buildings

Building #1

25,060 Sq. Ft.

20,440 Sq. Ft 18’ Ceiling Height, Sprinklered, 3 Truck Height Loading Docks

2100Sq. Ft. Office Area 2 Rest Rooms

1470 Sq. Ft. Smaller Warehouse with 4 Truck Bays

Building #2

9760 Sq. Ft. Warehouse

1 Drive in Bay

1 Trailer Bay

Sale Site: 406 N. Cleveland St. Albany, GA

307 Grand Island Drive, Lee County, GA

Suite 4

1037 Sq. Ft. Office Condo

Association Fee: $100/month

Sale Site: 406 N. Cleveland St. Albany, GA

Creekside Drive, Lee County, GA

Creek Side Manor Subdivision Lot #16

Lot Size: 1.02 Acres

Sale Site: 406 N. Cleveland St. Albany, GA

10% BUYERS PREMIUM

CONDITIONS OF THE REAL ESTATE AUCTION

Terms:  The successful purchasers will be asked to sign the Seller’s real estate purchase agreement on sale day and make an earnest money deposit equal to fifteen percent (15%) of the contract price.  Sale will close within thirty (30) days after the date of auction at which time the purchaser will pay the balance of the purchase price.  A 10% buyer’s premium will be added to all purchases to arrive at a contract price.

The information contained in this brochure and all related materials are subject to the terms and conditions of the purchase agreement.  The property is being sold on an “AS-IS, WHERE-IS WITH ALL FAULTS” basis.  THE PROPERTY WILL BE SOLD FOR ALL CASH.  Your complete inspection of the property and pertinent documents is recommended.  Announcements made at the podium at the time of the sale take precedence over all printed materials, except for the fully executed purchase agreement and subsequent conveyance/closing documents. 

Conduct of the auction and increments of bidding are at the direction of the Auctioneer.  All properties will be sold subject to the Sellers reserving the right or confirmation within ninety-six (96) hours.  Since the Sellers are highly motivated to sell on the date of the sale, the announcement of acceptance of final bids could be synonymous with the time and place of the auction.

SURVEY: If the property sells divided, all property must be surveyed prior to closing by a licensed Georgia registered surveyor.  The cost of the survey is to be paid by the purchaser.  The number of acres surveyed times the contract price per acre shall determine the final or actual purchase price to be paid at closing.  J. Durham and Associates, Inc., will have the final approval of the selected surveyor.

REPRESENTATION DISCLOSURE: J. Durham and Associates, Inc., represents the seller in this transaction, not the purchaser, but does not have authority to make representations on behalf of the seller with respect to any matter.

PROPERTY SIZE & DIMENSIONS:  All acreages and property line dimensions are subject to change.  They have been calculated for auction purposes only and are approximate and may be general in nature and are being sold subject to final survey.  They are not guaranteed by the seller of J. Durham and Associates, Inc.

Partial Equipment List:

Yates Y36 36” bandsaw

Table saw

DeWalt Radial Arm Saw

Shopsmith Lathe

Weinig Moulding Machine Pro Mat 23E with heads, knives & parts

Ingersoll Rand 10HP air compressor 3 phase

DeWalt Chop Saw

Yates Moulding Machine

Table saw

Stegherr Radius Trim Machine

Black & Decker Radial Arm Saw

Northfield Planer

Drill Press

Rockwell Unisaw Table Saw

Beach Mfg. Table Saw

Delta Drill Press

Wide Planer

DeWalt Cross cut Saw

Northfield Planer

Door Machine

Door Machine Equipment

Radial Arm Saw

Mitre Saw

Concrete Saws

Chop Saws

Shop Vacuums

Portable Lights

Caulking Guns

Portable Air Compressor

Skil Saws

Welder

Surveying Instruments

Paint

Ladders

Door Hardware

Doors

Screen Doors

Windows

Yard Tools

Lumber

Door & window insulation

A.C. filters

Nails

Mail boxes

Nuts, bolts, & bins

Locks

Cap hammers

Attic Stairways

PVC Pipe fittings

Plus much, much more!!!

TERMS FOR EQUIPMENT: Cash or cashiers check. A current bank letter of credit must accompany a personal or company check. A 10% buyers premium will be charged on all purchases.

Note: All equipment is sold “As Is, Where Is” with no warranties expressed or implied.

SAMPLE

“BANK LETTER OF GUARANTEE”

This letter of guarantee must be an

original on bank letterhead.

Date of Letter

To: J. Durham & Assoc., Inc.

This letter will guarantee any check

written by (your name) on this bank.

This guarantee is for any amount up

to ($ amount), and is good for a

period of 20 days after the date of the

sale which is being conducted on

(date of Sale).

Signature of bank official.