DESCRIPTION OF PROPERTY :
Building Size : Approximately 58,922 Sq. Ft. Of Buildings

Land Size : 8.74 Acres (+/-)

Amenities:

• Commercial kitchen with walk-in cooler/freezer•commercial laundry room•maintenance shop/garage

• administration offices

• residence hall licensed for 54

• swimming pool, basketball court

• very convenient to I-65, banks, grocery, restaurants, and schools

NOTE: The seller reserves to right to remove any and all personal property prior to closing. Stained glass windows in the Sanctuary and alter are not included in the sale of the real estate and are to be removed by the seller. The seller will replace the windows with a secure covering. Property sells as is.

TERMS: 10% buyers premium. Property sells as is. Property sells subject to seller approval. Winning bidder must submit 10% down on sale day and close within 45 days. Time is of the essence. Purchaser pays closing cost and title insurance. Seller guarantees free and clear title. A deposit in the amount of $2500 is required to become a qualified bidder. Auctioneer reserves the right to waive deposit requirement.

Auction Project Coordinator: Pete Horton, CAI - Pearce & Associates Gulf Coast operations manager/auctioneer/appraiser. 251-600-9595.

Cooperating Broker - Pratt Thomas, CCIM - Merrill P. Thomas, Co, INC. 3280 Dauphin Street, Suite C104, Mobile, Alabama 36606. 251-476-0808

Multi-Purpose Building On Sprawling Campus - Mobile, Alabama