Court Appointed Receiver sale of 5596 Autumn Chase Dr, Columbus, OH 43232. 76 apartment units comprised of 48 studios and 28 - 1 bed / 1 bath units. According to public record the property was built in 1987, contains 49,400 SF and is situated on 3.37 acres. The apartments are heated and cooled by individual ptac units with electricity paid by the tenant. Water is paid by the owner. Apartments feature in unit washer / dryer hook-ups. In addition to ample surface parking there are 40 carports. Current occupancy is 73%. Bidder Registration All prospective bidders must be pre-approved to bid. Prospective bidders wishing to be approved must: Submit Evidence of Financial Capability Submit $25,000 Participation Deposit Submit completed Bidder Questionnaire Submit bidder executed Purchase and Sale Agreement Submit items 1-4 above no later than December 2, 2024 Auction Date / Times Auction Starts: December 3, 2024 @ 8am ET Auction Ends: December 5, 2024 @ 3pm ET Sale Terms A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price As-Is, Where-Is Sold free and clear of all liens Taxes are prorated of the day of closing Receiver will convey insurable title Financing contingencies are not permitted Due diligence contingencies are not permitted Winning bidder must increase the total deposit to $150,000 by 12pm ET, December 6, 2024 Closing must take place by the latter of January 30, 2025 or 30 days after Court Approval *While financing and due diligence contingencies are not permitted, the Receiver will allow the winning bidder limited, non-invasive access to the property for the purpose of obtaining financing, planning, reports, estimates, etc. Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice.