Description
Lender Ordered REO! The property is a 135± acre development site previously approved for a 275-unit active adult residential community located along the Bethany town line in Beacon Falls, CT. The site is just to the east of Chatfield Farms I, a 235-unit age restricted development currently marketing and selling homes. The subject site was planned to be an extension of Chatfield Farms I. The site is easily accessible to Route 8, I-95 and I-84. The site is located in the R-1 residential zone and this zone would govern development if a conventional single family development were pursued. The R-1 zone permits one and two family dwellings, in addition to special uses such as veterinary hospitals, kennels and day care facilities.
Documents
Auction Information
Property Information
* Requires confirmation of Online Agreement
Terms & Conditions
- Buyers Premium: 10% based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $10,000 deposit needs to be wired to escrow account at least 24 hours before auction begins.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Inspections
Drive By
Documents
Auction Information
Property Information
* Requires confirmation of Online Agreement
Terms & Conditions
- Buyers Premium: 10% based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $10,000 deposit needs to be wired to escrow account at least 24 hours before auction begins.
- Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
Inspections
Drive By