former rv sales center on 14.91 acres, yuma az · 2017-10-11 · jerry lococo advisor 928.277.8211...

AAUCTION: OUCTION: OVERVERVIEWVIEW ONLINE BIDDING: NOONLINE BIDDING: NOV 1SV 1ST AT AT 12 PM - NOT 12 PM - NOV 7V 7TH ATH AT ST SVNAVNAUCTIONS.UCTIONS.CCOMOM

This 14.91 acre site will be offered in a court-authorized chapter 11 bankruptcy auction withon-line bidding starting on November 1st at 12:00 pm MT and concluding on November 7th.The property consists of 9.61 commercial acres zoned B-2 and 5.3 Acres zoned AG locatedat the intersection of 32nd Street and Avenue 5E, one of Yuma, Arizona's busiest roadwaysconnecting the City of Yuma to the Yuma Foothills.

The property is located at the signalized intersection of 32nd Street and Avenue 5Ewith close proximity to Yuma Marine Corp Air Station, Yuma International Airport, ArizonaWestern College and Northern Arizona University campus, and the Foothills Walmart.

The 9.61 acre commercial tract is a paved lot with 9 separate structures including of a mainsales building, a maintenance building, an office/maintenance building, a shop building, 5RV Pedestal Sites, 1 sales office, and 4 mobile homes/offices. The 5.3 acre AG tract isvacant.

Total population within 5 miles is 42,916 and total population within 1 miles is 1,297 with480 households within 1 mile and 15,569 households within 5 miles.

Selling Subject To Court Approval. 10% Down, Close In 45 Days. 10% Buyers Premium. Visitthe auction website: SVNauctions.com for diligence info, terms, conditions, contract forms,bidding instructions, and additional information.

Selling "AS-IS" All inspections must be completed prior to bidding. Contact Jerry LoCoco [email protected] or 928-919-6544 to schedule an inspection.

STARTING BID: $1,000,000.00

LOT SIZE: 14.91 Acres

ZONING: B-2 And AG

APN #:

697-28-001;697-28-002;697-28-003;697-28-004;697-28-005

MARKET: Yuma, AZ

CROSS STREETS: 32nd Street AndAvenue 5E

TRAFFIC COUNT: 23,225 (Raw SummerCount YMPO)

AUCTION WEBSITE: SVNauctions.com

4756 E. 32nd Street, Yuma, AZ 85365

FORMER RV SALES CENTER ON 14.91 ACRES, YUMA AZ

COURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION

JERRJERRY LY LOCOCOCOCOO

Advisor928.277.8211 [email protected]

JOHN JOHNSON, CJOHN JOHNSON, CCIM, ALCIM, ALCC

Managing Director404.303.1232 [email protected] #000058515-0

TTOM HUNTEROM HUNTER

Senior [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

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99..61 C61 COMMERCIAL AOMMERCIAL ACRES PROPERCRES PROPERTTY OY OVERVERVIEWVIEW

Property is nearly fully paved and has 9 Structures thatincludes:

APN: 697-28-001; 697-28-002; 697-28-003

MAIN SALES BUILDING:- Approximately 6,000 SF Main Sales Building consisting ofmasonry block construction and a concrete foundation thatincludes three 10 FT Roll-up doors.

MAINTENANCE BUILDING:- Approximately 4,000 SF Prefabricated Metal Building andconcrete foundation used as a Maintenance Building withthree 14 FT Roll-up Doors, 50 AMP power throughout,compressed airlines, and fully insulated and evaporatedcooled shop space.- Men's and women's restroom, a lobby office area, and anupstairs records and office area.

OFFICE/MAINTENANCE BUILDING:- Additional Office/Maintenance Building on the west side ofthe property.

SHOP BUILDING:- Approximately 800 SF structure consisting of a concretefoundation and stick built construction with a roll-up door.

RV PEDESTAL SITES:- Five 50 AMP 240 Volt RV Pedestals with Septic Hook ups.

1 SALES OFFICE- Sales office consisting of a prefabricated mobile unit.

4 MOBILE HOMES/Office- Previously used as sales offices and general staff offices.

APPROXIMATELY 790' OF 32ND STREET FRONTAGE

UTILITIES:- Septic- APS- Electric (120-240V 3 Phase Power)


RV PEDDLER 14.91 ACRE TRACTCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION








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14.14.91 A91 ACRES:CRES: 99..61 A61 ACRES ZCRES ZONED B-ONED B-2 AND 5.3 A2 AND 5.3 ACRES ZCRES ZONED AONED AGG

PROPERPROPERTTY BOUNDY BOUNDARIES ARE APPROARIES ARE APPROXIMAXIMATETE


14.91 ACRESCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION


RV PEDDLERCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION








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MAIN SALES BUILDINGCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION








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MAINTENANCE BUILDINGCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION








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RV PEDDLER AERIALCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION


RV PEDDLER 14.91 ACRE TRACTCCOURT-AUTHORIZED CHAPTER 11 BANKRUPTCY AUCTION








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POPULAPOPULATIONTION 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TOTAL POPULATION 1,297 42,916 161,493

MEDIAN AGE 44.2 35.9 35.2

MEDIAN AGE (MALE) 43.6 35.3 34.1

MEDIAN AGE (FEMALE) 43.0 35.9 36.1

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TOTAL HOUSEHOLDS 480 15,569 60,952

# OF PERSONS PER HH 2.7 2.8 2.6

AVERAGE HH INCOME $73,655 $57,821 $54,501

AVERAGE HOUSE VALUE $138,650 $180,138








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RV PEDDLER 14.91ACRE TRACTCOURT-ORDERED BANKRUPTCY AUCTION










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Jerry LoCocoAdvisorSVN | Kaizen Commercial Real Estate

I am a commercial real estate professional who specializes ininvestment property sales and industrial and office leasing and salesbased in Yuma, AZ.

I have a passion for helping investors and business owners achievetheir investment and business objectives. With over twenty years ofcommercial and residential construction experience, and a JurisDoctor degree from the James E. Rogers College of Law at theUniversity of Arizona, I offer a skill set unique to the Commercial RealEstate industry. I am a passionate marketer who loves identifyinginefficiencies and opportunities in the market.

My primary goal is to create value for the investors, owners that Iwork with an overall objective of improving our wonderful community.I look at problems as an opportunity and always take the approachthat challenges are opportunities to create value and I relentlesslypursue my client’s goals.

Phone: 928.277.8211 x102

Email: [email protected]

Cell: 928.919.6544

Address: 71 W. 2nd Street

Yuma, AZ 85364

John Johnson, CCIM, ALC










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Managing Director

John L. Johnson, CCIM, ALC, CPA (not presently practicing), serves asManaging Broker for SVN Interstate Auction Co. With over 35 years ofcommercial real estate auction, brokerage, ownership, loan andturn-around experience, Johnson has sold properties in 41 states.

Prior to joining SVN, Johnson served as President for InterstateAuction and Brokers, headquartered in Atlanta, Georgia. In thatcapacity, he managed sales for many institutional and other sellers,including various Federal Agencies under his current contract withGSA, Resolution Trust Corporation (RTC), the Small BusinessAdministration (SBA), the Federal Deposit Insurance Corporation(FDIC), US Marshals Service, U.S. Bankruptcy Courts, Bank of America,Wachovia, SunTrust Bank, developers, private and corporateinvestors, and many other entities. For the RTC, he pioneered a morefocused auction concept, and also oversaw rehabilitation contractorsfor the Affordable Housing program. Interstate was also the exclusiveauction source for Prudential Commercial Services on a nationalmulti-year contract. He was formerly a senior auditor with PeatMarwick Mitchell & Co. and a Captain in the United States Air Force.

Johnson organized SVN Accelerated Marketing Co., Inc. to be theauction arm of SVN, and served as President for 5 years. He hasmanaged thousands of accelerated marketing/auction sale, includinga $35,000,000 plus auction of multifamily property in Miami, FL. Hewas also a key member of the team that successfully auctioned a$31,500,000 residential redevelopment property on the outskirts ofDetroit for the State of Michigan. Johnson’s extensive background asboth an auctioneer and a real estate broker gives him a uniqueperspective in real estate marketing and disposition.

Consistently a top advisor, Johnson is a five-time recipient of SVN'sPartners Circle award, and was a three time winner of Prudential'sChairman's Circle award. He is consistently in the top 5% of all SVNadvisors internationally. He holds the Certified CommercialInvestment Member (CCIM), Accredited Land Consultant (ALC) andCertified Public Accountant (CPA) designations. He has been aspeaker and instructor, including for continuing education programsfor legal and real estate continuing professional education programs,and has been published in journals and other media. He is a memberof several professional associations.

SVN | Interstate Brokers

Phone: 404.303.1232 x16


Memberships & Affiliations

CCIM, National Association of Realtors, AtlantaCommercial Bd of Realtors, National AuctioneersAssociation, TurnAround Management Association,International Council of Shopping Centers.

AL #000058515-0

GA #155996

Fax: 404.303.7997

Address: 3300 Holcomb Bridge Rd, Ste 240

Peachtree Corners, GA 30092

Tom Hunter










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Senior Advisor

Tom Hunter serves as an Associate Broker and Auctioneer for SVNInterstate Auction Company, and Interstate Brokers,independently-owned offices of Sperry Van Ness (SVN) based inAtlanta, GA. SVN is a leading commercial real estate brokerage firmwith over 100 offices nationwide.

Over the course of his 30-year commercial brokerage and auctionmanagement career, Hunter has developed and executedhigh-impact, accelerated marketing programs for all types ofcommercial real estate assets for banking and investment clientsthroughout the United States.

Prior to becoming a commercial real estate broker and auctioneer,Hunter served as a project manager for Bank Earnings International,Inc., (acquired by Electronic Data Systems, Inc.) and BEI Real EstateServices (acquired by Amresco) where he specialized in the analysisof commercial real estate loan portfolios and real estate assetmanagement for financial institutions. With an extensive commercialreal estate background, Hunter has completed numerous propertyanalysis and feasibility studies, identified potential buyer groups,structured property offerings, and implemented marketing plans ontime, under budget, optimizing results to reach targeted buyers.Hunter’s client list includes international, regional and local financialinstitutions, government agencies, and private investors.

Some of the notable auctions Hunter has been involved in include thesale of a surplus 400-acre psychiatric hospital complex in Livonia,Michigan for the State of Michigan for $31,000,000 and a 22 building,section 8, apartment portfolio in the Little Havana district of Miami,Florida for $36,000,000. Regardless of the asset size or value, Hunteralways endeavors to structure the offering to achieve a sale for thehighest price possible for the client.

Hunter is a member of the Atlanta Commercial Board of Realtors andthe National Auctioneers Association. In addition, he frequentlyvolunteers as an auctioneer for fund raising auctions held bycharitable organizations. Hunter earned an MBA with concentrationsin Finance and Real Estate from the Terry College of Business at theUniversity of Georgia (1984) and a Bachelor of Science degree (1980)in Psychology.

SVN | Interstate Brokers

Phone: 770.682.8552


Memberships & Affiliations

Fax:

Address: 3300 Holcomb Bridge Rd, Ste 240

Peachtree Corners, GA 30092

RV PEDDLER 14.91 ACRE TRACT | YUMA, AZ

DISCLAIMER

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.

former rv sales center on 14.91 acres, yuma az · 2017-10-11 · jerry lococo advisor 928.277.8211...

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