Storage Units for Sale at Auction in Floyd VA

Storage Units for Sale at Auction in Floyd VA

You have the opportunity to purchase this great investment property! This property features 12 10x10 storage units for sale in Floyd County VA. The units were built in 2004 and are in great condition. The lot consists of .21 acres and is easily accessible. They are located right next to a set of green boxes (dumpsters) which is very convenient for cleaning out units! Storage units are in high demand in Floyd County. These units are rented on a month - to - month lease for $45 / mo., but similar units in the area are getting around $100 / mo. 9 out of 12 of the units are currently rented  – seller using the other 3 for personal use.

Sunny Ridge Rd Floyd, VA 24091
Online Only Auction Ending Thursday, January 20^th @ 4 PM

Click Here for Property Video
Click Here for Interactive Map
Click Here for Bidder Pack

Starting Bid is $5,000. Click HERE to view auction and to register to bid.

Online Bidding – Online bidding is now active and runs through 4 PM on January 20^th 2022.

Directions – From Town of Floyd - 221 north towards Roanoke - Left on Bethlehem Church rd. - right on Sunny Ridge rd. - property on immediate right past green boxes. See signs

General Terms and Conditions –   10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 required on day of sale (January 20^th 2022). Close on or before February 22^nd, 2022. Subject to seller confirmation.  Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on January 20^th, 2022. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.

Contact – Broker & Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.matt@gmail.com ; in cooperation with Terry McCraw with McCraw Real Estate & Auction at 540-320-5200 or email mccrawrealestate@gmail.com

Pre-Auction Sales: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform.  Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner.  Seller may accept or reject such offer at their sole and absolute discretion.  When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance.  A Buyer’s Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.