Call Us: 877-612-8494
No Minimum BID!
LIVE On-Site Auction with
1 Bed, 1 Bath
711 Sq Ft.
November 3, 2021
This Condo Will Sell Regardless of Price
DON’T MISS THIS OPPORTUNITY TO BID, BUY & OWN A Unique Home in Beautiful Longmont Colorado
This charming home in Longmont, Colorado.
720 16th St #203
Denver, CO 80202
LIVE Auction with Online Bidding
November 3rd 2021 at 1:07pm
Fees & Commission
Broker CO-OP: 3%
Bid Deposit: $10,000
10% Of Final Contract Price
Buyers Premium: 10%
October 16th, 23rd & 30th
a Private Showing
Now is your chance to bid, buy and own this charming condominium in the heart of Denver, CO!!
This lovely condo offers a lucky owner the metropolitan lifestyle right on the 16th street mall downtown! This area of Denver is close to a major transit hub, with multiple interstates converging to one area, giving the region easy access to all of Colorado- with adventures in the world-famous Rocky Mountains just under an hour away.
This gorgeous remodel in the historic Neusteters building has a stunning atmosphere with natural lighting from grand oversized windows. It boasts maple countertops, hardwood floors, a huge walk-in closet, penny-tile bathroom, and thirteen-foot ceilings throughout.
The Building is secure, has a gym, game-room/lounge, and conference room. Laundry is located on the same floor for ease. A total of 3 freight and passenger elevators. Uber and Lyft often arrive by the time you can walk down to the street. Rental bikes and scooters are always close by.
This property can offer an easy commute to and from work, being walking distance from countless businesses and public transportations, and the building has access to an attached parking structure where you can purchase a parking pass for easy access to downtown parking. This area not only has the art district and its’ historic theater nearby, it also has endless city amenities, shopping, sports events and a thriving nightlife.
High Speed Internet, Cable TV, Capital Reserves, Exterior Maintenance w/out Roof, Heat, Insurance, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water, Bike Storage, Clubhouse, Coin Laundry, Elevator(s), Fitness Center, On Site Management, Storage
- Attached parking garage, available with purchase of parking pass
-Has a gym, game-room/lounge and Conference room.
-Laundry on the same floor, freight and passenger elevators, 3 total.
-Transit: Car2Go: downtown is full of them, Uber and Lyft often arrive by the time you can walk down to the street.
-Rental bikes and scooters are always close by
This perfectly located condo is a great investment. Don’t miss your opportunity Bid NOW !!
Enjoy Downtown Denver Living !
Bidding Begins November 3rd at 1:07pm
All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. Prestige Real Estate Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.
For Complete Terms & Conditions, go to the Property Information Packet on this website.
Extra Storage on Site : 4'-2" x 6'-2" in the basement. Or purchase additional storage located on the 5th floor.
1 Bed, 1 Bath, 711 Sqft.
HOA Dues: $386 per month plus $40 for High speed Internet
Parking: Private parking garage attached, available with purchase of parking pass.
In the Heart of Downtown Denver, walking distance to grocery stores, shops, restaurants and more!
Downtown Denver Colorado
Downtown Denver is dominated by the 16th Street Mall, a pedestrian strip lined with gift shops, street food vendors, bars and restaurants. In the lively theater district, musicals, plays and concerts are staged at the Denver Performing Arts Complex. Within a one-mile radius, you can kayak on the Platte River; explore some of the city's best museums; shop at art galleries and boutiques and experience exciting professional sporting events.
Enjoy Denver’s convenient transportation systems which include bike paths, light rail, highway systems and mass transit systems. If open space is a must have on your list, Downtown Denver offers more than 80 acres of parks and open space for you to explore. Whatever you enjoy doing, Downtown Denver offers something for everyone with the ultimate confidence to fit any lifestyle.
Janelle Karas commenced her Real Estate career in 1989 in “list and sell” Real Estate, and has been involved in the mortgage industry, real estate development and investing. Since June 2002, Janelle has worked exclusively in the Real Estate Auction industry and has successfully sold hundreds of properties in the Western United States via auction.
Real Estate Auctioneer
TERMS & CONDITIONS
Property Address: 720 16th St Unit #203 Denver, CO 80202
Absolute Auction: No Minimums, No Reserves
Bidders Registration: All prospective buyers must register to bid. An initial deposit of $10,000 in the form of a cashier’s check or wire transfer payable to United Country Real Estate- Prestige Auction, LLC will be required to bid at the auction along with a signed Terms and Conditions, Property Information Package Receipt and Bidder Registration Card and Initial Bid Form. The $10,000 deposit will be immediately returned in the event the bidder is unsuccessful. (Please call for wire instructions)
Initial Bid: To register you are required to submit an initial bid.
Buyer’s Premium: A 10% Buyer’s Premium will be added to final bid and included in Final Contract Price.
Earnest Money Deposit: 10% non-refundable earnest money deposit based on Final Contract Price will be due immediately after being declared the winning-bidder. The remainder of the earnest money deposit (above the initial deposit) can be paid by check or wire transfer. Wire transfers must post within 24 hours after being declared the winning-bidder. This amount will be applied to the purchase price and will be deposited in the brokers escrow account.
Purchase Contract: Winning-bidder hereby agrees to enter into an Auction Buy/Sell Contract to Purchase the property immediately upon being declared the Winning-Bidder by the Auctioneer. For on-line bidders: upon the close of the auction the winning-bidder will be forwarded via email an Auction Buy/Sell Contract to Purchase the property for electronic signature. Purchase Contract must be signed and returned, along with earnest money deposit, within than 24 hours from being declared the winning-bidder or will forfeit their initial deposit.
Phone and On-line Bidding: Phone and On-line bidding is available. Registration must be completed 48 hours prior to the auction. All terms will apply as if you were participating at the auction in person. Wire transfer of the $10,000 will be required. Please contact Auction Company for full details.
Closing: The remaining balance of the Contract Price is due in cash or new loan at closing by November 26th. A Special Warranty Deed will be supplied by the seller at the seller’s expense giving marketable title subject to restrictions of record. Taxes & Homeowner’s Association fees are pro-rated. Title insurance will be at the buyer’s expense.
No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing and there are no financing contingencies. We encourage you to have a full written approval before bidding. The balance is due in cash or new loan at closing within 30 days.
Bidder Information Package: A Package of information has been assembled for this property and may include; disclosures, title documentation, HOA Docs, surveys, inspection reports, etc.
Property Previews: Public Previews are scheduled on specific dates and times. It is highly recommended that all bidders personally inspect the property prior to placing any bids in the auction. Property inspections are the sole responsibility of the bidders.
Conduct of Auction: Conduct of auction and bidding increments are at the discretion of United Country Real Estate- Prestige Auction, LLC. United Country Real Estate- Prestige Auction, LLC reserves the right to deny any person admittance to the auction.
Broker Participation Invited: United Country Prestige Auction is offering a 3% Broker CO-OP to the broker that brings the successful high bidder. Brokers must register their buyer 48 hours in advance subject to established United Country Real Estate- Prestige Auction, LLC guidelines. Contact our office for more information 877-612-8494.