Worldbid auction - Court Ordered. 23 unit apartment complex is the heart of Merced. Under market rents! Qualifying round sealed bids due April 23, 2025 Noon PT. Proof of funds to close required with bid submission. Completely non contingent auction. Buyers must conduct due diligence in advance of the auction. If you are obtaining a loan, lender approval letter required with bid submission. Gated 2 story complex. Proforma rents of $268,000. 69% occupied. Review the offering memorandum for bidding information and property information. Seller is not providing any inspection reports.Sealed bid auction contract attached. Review property information at Braunworldbid.com/commercial property auctions. Property was appraised for $1.3 million. March 26th: Open House at 11:00 AM – 2:00 PM April 16th: Open House at 11:00 AM – 2:00 PM