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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!!
Can't make it to the auction?
Bid Live & online
Visit: 
www.proxibid.com/candoauctions
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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
40' x 60' 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)

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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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Parcel 7 (Continued):

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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.
Contact Amy at 968-4305 or amy@candorealestate.net for more information!