BANKRUPTCY AUCTION DORMITORY STYLE HOUSING Williston, ND

Property Location MAP

6421 13 Mile Center Road
Williston, ND 58801

Property #: TAA2505

Contact Agent

Kelly Toney, CAI
Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

Bankruptcy Auction – Dormitory Style Housing

 
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.
 
Multiple Dormitory Style Housing in the Bakken Oil Fields, Williston, North Dakota. Selling 2.36 Acres of land including four 4,144 +|- SF dormitory style buildings. Building Three consists of four apartments (2 on ground floor & 2 on second floor) consisting common living, dining, kitchen, laundry & two bedrooms each with toilet, sink & shower. Note: Ground floor apartments are handicap accessible. Buildings Four, Five & Six consist of two apartments consisting of common living, dining, kitchen, laundry & six bedrooms (2 on ground floor & 4 on second floor). There are ten total apartments and forty-four bedrooms. Average rents range from $2,000 to $3,000 per month/apartment. NOTE: There are two more buildings on the property, owned by RS Bakken One LLC, which are NOT INCLUDED in the auction and will not convey at closing except for the ground lease entered into by tenant, RS Bakken One LLC, and debtor, Mountain Express Oil Company. 
 
DOWNLOAD THE PROPERTY INFORMATION PACKAGE FOR MORE PROPERTY DETAILS!!!  
  • Land Area Gross: 2.36 AC’s or 102,802 SF +|- of land
  • Flood Zone Determination: OUT
  • Building 3
  • 4,144 SF, 2-Story, Dormitory Style Housing with (4) Apartments each with independent access on the first floor. Each Apartment has a common living, dining, kitchen, laundry and (2) Bedrooms each with toilet, sink and shower. 
  • Building 4
  • 4,144 SF, 2-Story, Dormitory Style Housing with (2) Apartments each with independent access on the first floor. Each Apartment has a total of (6) Bedrooms, Shower & Sink. The first floor of each apartment consists of a common living, dining, kitchen, laundry and (2) independent bedrooms each with a toilet, sink and shower. The second floor of each apartment consists of (4) independent bedrooms each with a toilet, sink and shower. 
  • Building 5
  • 4,144 SF, 2-Story, Dormitory Style Housing with (2) Apartments each with independent access on the first floor. Each Apartment has a total of (6) Bedrooms, Shower & Sink. The first floor of each apartment consists of a common living, dining, kitchen, laundry and (2) independent bedrooms each with a toilet, sink and shower. The second floor of each apartment consists of (4) independent bedrooms each with a toilet, sink and shower. 

In cooperation with Paramount Real Estate LLC, ND Real Estate Firm #3274, 1407 Tacoma Ave. Bismarck, ND 58504

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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