Reeder Trust Auction
Commercial Investment Opportunity
2.5 Acres With All Utilities
13 Unit Motel - Longtime Ownership
Summit County

Absolute auction, sells to the highest bidder on location:

4903 State Rd , Peninsula, City of Cuyahoga Falls, OH 44264

Thursday, September 20, 2012  Auction Starts: 6:00 PM    -   Real Estate: 6:00 PM

Take Rt. 8 north of Akron to the new Seasons Rd. exit and go west approx. half mile to auction. Watch for KIKO signs…
Features 2.5 acres land with high exposure - frontage on 3 streets - 13-unit motel, all currently rented (weekly/monthly). All utilities available - currently on drilled water well & septic - Zoned MU-1 (mixed uses) - gross income for 2010 was $47,803.43. Property is in Cuyahoga Falls with Hudson City Schools. Development/income producing opportunity! Property open for viewing one hour prior to bidding.

Terms and Conditions:
Real Estate Terms: 15% down auction day, balance due at closing. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct.
AUCTIONEER/REALTOR: Matthew P. Kiko, AARE, ext. 155, 330-327-9617,
AUCTION BY ORDER OF: Lorraine Sonntag, Trustee of the Vee A. Reeder Trust

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Auctioneer/Realtor: Matthew P. Kiko AARE
Office: 330-455-9357 ext 155
Mobile: 330-327-9617
Fax: 330-453-1765

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