United States Bankruptcy Auction

Land Description

and Trustee Realty, Inc. are pleased to present via Online Auction Event 74 Residential Lots in The Meadows of Astatula in Astatula, Florida (Orlando Msa).

Property Highlights

· Prime Location in upscale Manufactured Home Development with no age restriction and 91 Manufactured Homes already sold to Individual Owners

· The Offering includes 74 Residential Lots, Developer Rights that include First Right of Refusal, Exclusive Right to Rent, and Water /Sewer Agreement (Note: 72 Lots are Buildable. There are 77 Platted Lots as lots 1-2, 3 -4, and 7-8 have been combined)

· The Meadows of Astatula offers a Peaceful Rural Setting while being only 35 Minutes from Downtown Orlando and close proximity to Winter Garden, Leesburg, Mount Dora, and A-Rated Astatula Elementary

· The Community boasts a beautiful Clubhouse and Pool Area while situated amongst Huge Majestic Oaks

· Within Minutes to Major Outdoor Recreation, Shopping, and Area Sites

· Investment Options include Individual Lot Sales, Manufactured Home Sales or Vacation Rentals

· Approximately 6 Miles to Florida Turnpike Access

· Professionally Landscaped Entrance with Concrete Community Signage

· Well Maintained Properties Throughout with Sidewalks and Underground Utilities

· Private On-Site Wastewater and Well System

The Final Bid Price for the Property shall be determined by competitive bidding at the Auction. The Property will be offered free and clear of all liens, claims, and encumbrances to the highest and best bidder, with the highest bid being subject to the Bankruptcy Court's final approval and acceptance of price, plus the six percent (6%) Buyer's Premium and is subject to the terms and conditions of the Governing Documents. 2% Broker Participation of the Final Bid Price.