ABSOLUTE Auction | Ashland, Montpelier & Beaverdam, VA | 4 Properties | 3 Single-Family Homes & 1 Vacant Lot | Divorce Settlement | Sold Individually | 23005, 23192, & 23015

Details

ABSOLUTE Auction | Hanover County, Virginia

Discover a rare opportunity to acquire four properties in one Hanover County, Virginia portfolio: three single-family homes and one vacant lot in Ashland, Montpelier, and Beaverdam. Two homes are currently leased and producing income, while the third is vacant and ready for immediate possession — offering options for investors, owner-occupants, and builders alike. Properties will be offered individually, giving bidders the chance to acquire one, several, or the entire collection.

• Absolute Auction due to Divorce Settlement – will sell to the highest bidder!
• 10360 Mount Hope Church Road, Beaverdam, VA 23015 | Appraised for $75,000! | 1± acre vacant residential lot | Right off Route 1/Washington Highway
• 17109 Mallorys Lane, Montpelier, VA 23192 | Appraised for $270,000! | 960± SF single family home with 3 bedrooms and 1 bath, situated on 3± acres | Vacant
• 15073 Washington Highway, Ashland, VA 23005 | Appraised for $310,000! | 1,197± SF single family home with 2 bedrooms and 1 bath, situated on 1.5± acres | Currently leased at a monthly rent of $1,500
• 10065 Johnson Town Road, Ashland, VA 23005 | Appraised for $280,000! | 1,025± SF single family home with 3 bedrooms and 1 bath, situated on 0.92± acres | Currently leased at a monthly rent of $1,100

Sale Date and Time

Online & Onsite Bidding Opens: Wednesday, August 27^th at 8:00 AM

Sale Closes: Wednesday, August 27^th at 3:30 PM

Sale Location: Online Only

Property Tours

Contact Carly Hancock for showings

Ideal For

Ideal for investors, first-time homebuyers, or landlords seeking a mix of turnkey rentals, a move-in-ready residence, and a vacant lot in the growing Ashland, Montpelier, and Beaverdam submarkets of Hanover County. 

Auction Term Highlights and Bidder Requirements

• Auction Term Highlights
  • Registration Deposit: An initial deposit of $5,000 is required for bidder registration and approval to bid
  • Buyer’s Premium: A 10% buyer’s premium will be added to the highest bid to determine the purchase price
  • Settlement: Settlement must occur within 60 days of the sale. Time is of the essence
• Online Bidder Requirements
  • All bidders MUST register and submit the initial deposit prior to being approved to bid
• Live Bidder Requirements
  • All bidders must complete the registration form to receive bidding approval, please make sure to arrive early to complete your registration
  • A cashier’s check in the amount of the initial deposit and payable to yourself or Motleys Real Estate is required at check-in for registration

Important to Note

• All sales are AS-IS, WHERE-IS and WITH ALL FAULTS
• All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding
• The terms and conditions presented at the time of sale supersede any prior or other terms and conditions related to this sale

Financial Lender Recommendations

• Ashley Howell (First Bank & Trust Company)
  • ahowell@firstbank.com
  • 540-421-6732
• Lindy Pond (Consistent Capital)
  • lindy@consistentcapital.com
  • 804-647-7866
• Briana Sparrow (Atlantic Bay Mortgage Group)
  • brianasparrow@atlanticbay.com
  • 804-878-0509
• Megan Rodgers (Farm Credit)
  • mrodgers@FCVirginias.com
  • 434-956-1139
• Mike Krumbein (Richmond Mortgage Inc.)
  • mike@richmondmortgageinc.com
  • 804-240-9314

Call Carly Hancock at 804-335-9994 or chancock@motleys.com