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Featherock Enterprises Multi-Parcel Apartment Business Auction
54 units, Cando, North Dakota

Auction Date:  Thursday, November 17, 2011
Auction Time:  6:30pm Social, 7:00pm Live Auction
Auction Location: Cando Masonic Lodge, Cando, ND
Property Inspection Date: Tuesday, November 8, 2011 from 5:00pm - 6:00pm
Online bidding available at www.proxibid.com/candoauctions and Phone bidding also available

Auction Terms:  To attend the auction & receive a bidding number, buyers must present the auction company with
certified funds of $25,000 at the door or prior to the auction if bidding online or on the phone.  Buyer's premium will apply.

Call for a catalog for further terms & conditions 701-968-4305.
Auction Note:  After 43 years in the apartment rental business, Charlie & Edie Dix have decided to retire from the business.  They have done an excellent job in managing and maintaining their facilities over the years.
SOLD!!
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Parcel Locations

Parcel 1 (Building 1):

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315 1st St, Cando, ND
Legal: Cando Reynold's Addition, Block 3, Lots 7-12 & E 10' of Vacated Alley
4 2-Bedroom Units
4 off-street parking spaces with outlets
Year built: 1968
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: $2,614.21
Special Assessments: $268.07/yr
Balance of Specials: $950.58
Heat:  Hot Water Baseboard (heating oil)
Off-peak:  no

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Parcel 1 (Building 2):

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319 1st St, Cando, ND
Legal: included in Building 1
4 2-Bedroom Units
4 off-street parking spaces with outlets
Year built: 1969
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: included in Building 1
Special Assessments: included in Building 1
Balance of Specials: included in Building 1
Heat:  Hot Water Baseboard (heating oil)
Off-peak: no

Parcel 1 (Behind Building 2):

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Located behind building 2
24' x 30' storage quonset
Cement floor
Heated office area within
2 double overhead doors


Parcel 2 (Building 7):

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517 3rd St, Cando, ND
Legal: Cando McDonald's 2nd Addition, Block F, Lot 13
8 1-Bedroom Units (850 sq ft each)
6 off-street parking spaces with outlets
Year built: 1982
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: $2,110.38
Special Assessments: $102.94/yr
Balance of Specials: $365.01
Heat:  Hot Water Baseboard (Propane)

Parcel 2 (Building 7 - Extra Backyard):

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Large, fenced-in yard to the north of the Building 7's off-street parking
Small garden shed included
Property line is the north fence


Parcel 3 (Building 4):

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512 3rd St, Cando, ND
Legal: Cando P&M Addition, Block 2, Lots 6-9
8 2-Bedroom units (850 sq ft each)
With detached garages
Year built: 1974
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: $3,298.65
Special Assessments: $197.24/yr
Balance of Specials: $699.42
Heat:  Hot Water Baseboard (Heating Oil)
Off-peak: no

Parcel 3 (Building 4) Garages:

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9 Detached garages
12' x 24' each
Fenced in backyard with grilling area, clothesline, hydrant


Parcel 4 (Building 3):

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515 4th St, Cando, ND
Legal: Cando P&M Addition, Block 2, Lots 10-13 & E 15' of Lot 14
8 2-Bedroom units (850 sq ft each)
Year Built: 1972
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: $2,611.83
Special Assessments:  $198.02/year
Balance of Specials:  $702.16
Heat: Hot Water Baseboard (Heating Oil)
Off-Peak: no

Parcel 4 (Building 3 - Continued):

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Southeast View
No garages
Off-street parkwing w/outlets


Parcel 5 (Building 5):

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1102 2nd Ave, Cando, ND
Legal: Cando Eggl's 2nd Addn, Block 4, Lots 4 & 5
8 2-Bedroom Units (850 sq ft ea)
Year built: 1976
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: $2,828.09
Special Assessments:  $295.57/yr
Balance of Specials:  $1,048.09
Heat:  Hot Water Baseboard (Heating Oil)
Off-peak: no

Parcel 5 (Detached Garages):

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8 Detached Garages, 12' x 24' ea
Garage structure is shared with Building 6's garages

Southeast View

Parcel 5 (Building 6):

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1006 2nd Ave, Cando, ND
Legal: Cando Eggl's 2nd Addn, Block 4, Lots 4 & 5
8 2-Bedroom Units (850 sq ft ea)
Year built: 1976
Stories/Style: Split-Level
Basement Construction: Block
2010 Real Estate Taxes: $2,828.09
Special Assessments:  $295.57/yr
Balance of Specials:  $1,048.09
Heat:  Hot Water Baseboard (Heating Oil)
Sumps:  3 exterior
Off-peak: no

Parcel 5 (Detached Garages):

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8 Detached Garages, 12' x 24' ea
Garage structure is shared with Building 5's garages

Northeast View


Parcel 6:

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101, 103, 105 13th St, Cando, ND
Townhouse Complex - 3 Units, 2 Bedrooms
Legal: Cando Durum Triangle Addition, Block 1, Lot 1
Year Built: 1981
Stories/Style: 2
Basement Construction: on slab
2010 Real Estate Taxes: $1,846.10
Special Assessments: $173.47/year
Balance of Specials: $615.13
Heat: Electric baseboard
Off-peak: yes, Auxiliary: Hot Water Baseboard (Propane)
Garages:  3 single-stall attached (12' x 24' each)

Parcel 6 (Continued):

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Parcel 7:

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107, 109, 111 13th St, Cando, ND
Legal: Cando Durum Triangle Addition, Block 1, Lots 2 & 3
Townhouse Complex 1-3 Bedroom & 2-2 Bedroom with attached garages
Year Built: 1982
Stories/Style: 2
Basement Construction: on slab
2010 Real Estate Taxes:  $2,455.45
Special Assessments: $333.60
Balance of Specials: $1,182.95
Heat:  Hot Water Baseboard (Electric)
Off-peak: Yes  Auxiliary: Propane
Lovely backyard with bricked flower beds
Close to city pool & park

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Charles & Edith Dix, Owners

This sale is managed by Amy Nikolaisen, ND Auctioneer's License #951.  Any announcements made the evening of the auction shall take precedence over any printed materials.
CAN-DO Auction & Real Estate 877-812-4305