4342-4348 Washington Avenue, Hooven, Ohio 45033 & 4344 Chidlaw Avenue, Hooven, Ohio 45033

Foreclosure Sale by Court-Appointed Receiver.  Online bidding only.  Prodigy Properties is pleased to present the chance to acquire the former King’s Country Inn, a local restaurant / bar & grill located in Hooven, Ohio, a small town less than 20 miles from Downtown Cincinnati.  Subject property is conveniently located directly off of the heavily-traveled US-50, with frontage on SR-128 and easy access to major highways I-275 and I-74.  The property totals a little over 0.25 acres and features a vacant, 2,600+ SF commercial building ready to be brought back to life.  Great upside potential exists with a trash out, curing deferred maintenance, and getting the restaurant back to an operational state.  Surrounded by other commercial and residential properties in a high-traffic area, with an abundance of other amenities and attractions nearby.  Investor special.

Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing.  Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  Bidding is scheduled to conclude on 12/7/2021 at 2pm ET.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.  The high successful bidder must wire transfer a 10% deposit of the final purchase price by 5pm ET on Wednesday, December 8, 2021.  Furthermore, a Receiver’s Purchase and Sale Agreement is required to be executed by the high successful bidder within 48 hours of auction conclusion.

Please do not trespass.  Contact Daniel Lane at [email protected] to schedule a walk-through.  Photos are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify any / all code violations prior to bidding, to the extent any exist.

DISCLAIMER AND WARNING:  This property is being sold as-is, where-is, without any warranties or representations by the Receiver.  The information contained in any advertisement is for informational purposes only and the Receiver makes no representations or warranties as to their truth or accuracy.  The information was compiled from a variety of sources, including the public record.  However, the Receiver has not independently verified any of the information and potential purchasers rely on it at their own risk.  All potential purchasers are advised to perform their own due diligence.  BY BIDDING ON THIS PROPERTY THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

• The opening bid is $75,000 with an unpublished reserve price.
• Property is sold 100% AS-IS, WHERE-IS, with all faults, to the extent any exist.
• Property is sold subject to any / all code violations, to the extent any exist.
• Property is sold subject to court approval.
• All bids are subject to Receiver’s confirmation.
• Receiver reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason.
• Information contained in any advertisement is not guaranteed or warranted.
• No contingencies will be accepted, except the Receiver’s ability to convey insurable title.
• Property will be sold free and clear of all liens.
• Property taxes will be prorated and paid off to the day of closing.
• Absolutely no financing contingencies.
• Absolutely no inspection contingencies.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• 10% deposit of the final purchase price must be wired to the title company by 5pm ET on Wednesday, December 8, 2021.
• Receiver’s Purchase and Sale Agreement must be executed by the high successful bidder within 48 hours after the auction conclusion.
• The terms of the sale are fully set forth in the Agreement and are not negotiable.