A MarkNet Alliance Member

A MarkNet Alliance Member

Meehan Income Producing Apartment Building & Storage Unit Auction

by Kaufman Realty & Auctions

When

Jul 22, 2017 - 12:00 Noon Eastern

Where

The Estate of Thomas Meehan
1463 Penn Ave
New Brighton, PA 15066
Completely Rented, Apartments & Storage units

How

Live Auction

Notes

Investment opportunity, $181,788 Gross Annaul Income

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Conducted By

Kaufman Realty & Auctions

1047 West Main Street
Post Office Box 422
Sugarcreek, OH 44681

Phone: 330-852-4111
Toll Free: 1-888-852-4111
Fax: 330-852-4099
West Virginia Location
399 West Main Street
Bridgeport, WV 26330
Phone number: 855-607-4111 or 304-931-1023

http://www.kaufmanrealty.com

Kaufman Auction and Realty WV

399 West Main Street
Bridgeport, West Virginia 26330

304-931-1023 or 855-607-4111

http://www.kaufmanauctionswv.com

Ending Time

Jul 22, 2017 12:00 PM

Auction Listing

Meehan Income Producing Apartment Building & Storage Units

The Estate of Thomas Meehan

Formerly Meehan Truck Sales

Property Location:  1463 & 1455 Penn Ave New Brighton, PA 15066

Saturday, July 22 @ 12:00 Noon

Auction Location - 128 Jody Dr. New Brighton, PA 15066

GPS Coordinates : 40.729065, -80.303511

Open House Monday July 10th and July 21st from 4:00 to 6:00 P.M.

Registration begins at 7:30 A.M day of Auction

Online Bidding Available

 

Subject #1

*Tax, Map, Parcel # 390050200 & 390050104000 *2.532+/- Acres *13 Apartments *55 Storage Units *Building #1 approx. 23,500 Square feet *Building #2 - Approx. 4,500 Square feet *City Water *City Sewer *Blacktop Parking Lot *Gas & Electric Heat *Forced Air *Zone R1

 

2016 Gross Annaul Income $181,788

 

THE ESTATE OF THOMAS MEEHAN

Respected New Brighton, PA businessman & long time truck dealer Passes at the age of 87.

Respected businessman and longtime truck dealer Thomas Meehan died at the age of 87. As Meehan’s friends tell it, he worked right up until the end. The work ethic an attention to detail is what made Meehan, described by a co-worker as “self-made” and by his son as a workaholic. Meehan’s daughter said he moved to Beaver County in 1964 with his wife & together they opened a truck dealership. Something coined as “radical” at the time. Nowadays if you default on a car loan the bank takes your vehicle.  Back then, if someone defaulted the dealer had to take it back.

Meehan’s personality was as big as the trucks he sold and leased. While he sold smaller equipment and pickups, most of Meehan’s business was selling big 18 wheel rigs to truckers.

 He was the John Wayne, Wild West kind of man. She said, you could trust his word based on a handshake, but don’t cross him. He could chew you up down to the ankles if you didn’t do what you said you would.

 Meehan was known throughout the area for his keen business skills and his desires to help others in any way possible. Whether it is finding the best vehicle for a buyer or helping a friend to buy or sell land, he was always someone that could be counted on for help.

 While Meehan loved his work, he was also an avid hunter and loved the horses that were always a presence on his family’s farm.  He also loved his family, including 3 children.

Joanne Brandon wasn’t part of the family, but she might as well have been. She worked as an office manager at the dealership for the last 40 years and said Meehan will be sorely missed.

 

Kaufman Realty & Auctions of WV

399 W. Main St.

Bridgeport, WV 26330

Dave Kaufman Realty Inc. Broker# RB067454

D. ANTHONY KAUFMAN, CAI/BROKER  PA Lic. RM421915

Office # 3049311023

 

Andrew Yoder Jr. -CAI, Auctioneer

Andrew@KaufmanRealty.com

Cell# 304-931-1185

Auctioneer Lic. # AU005516


Wayne Yoder - Auctioneer
Wayne@KaufmanRealty.com
Cell# 304-931-1285

Auctioneer Lic. #AU005884


Terms:
10% nonrefundable down payment made the day of auction with the balance
due at closing. No financing or other contingencies.

Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is no warranties written or
implied. Property will be sold free and clear of any & all liens and encumbrances. 45
days to close. Announcements the day of the auction, take precedence over all
previous advertising and statements. 10% buyer’s premium will be added to determine
the final contract price.

DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only. Properties are sold “AS IS”, as an estate this property will be sold with no Residential Property

DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.

All square footage and other dimensions are approximate. All Mapping lines are only an estimate of property lines. This is by no means an official survey.

BUYER/BROKER INFORMATION: 3% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form, or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
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Auction will be held at 128 Jody Dr. New Brighton,PA 15066