Sunday, February 25, 2024

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Online Auction Real Estate Property Auction

Auction Status: As Scheduled

City
Weymouth

State
MA

Zip Code


Property Type
Online Auctions

Deposit Amount
In order to receive online bidding credentials prospective bidders must tender a $50,000 deposit to the auctioneer. (per property bid)

Additional Documents
Download Union_Point_NDA




ONLINE AUCTION OF 3 PRIME DEVELOPMENT PARCELS
POTENTIAL FOR APARTMENTS, HOTEL, OR MIXED USE
ONLINE BIDDING ONLY

ONLINE AUCTION WILL END AT 5PM ON MARCH 31, 2024

3 development parcels in the Former South Weymouth Naval Air Station to be offered individually.
Parcel 1: Known as the "Route 18 Site" containing 2.2 acres.
Minimum Bid: $500,000.00
Parcel 2: Known as the "Gym Site" containing 3.5 acres.
Minimum Bid: $500,000.00
Parcel 3: Known as the "Trotter Rd., Site" containing 2.1 acres and directly adjacent to the MBTA Station.
Minimum Bid: $2,000,000.00

View ALTA for "Route 18 Site"
View ALTA for "Gym Site"
View ALTA for "Trotter Rd., Site"

If you would like access to the data room containing the evaluation materials then please sign the attached NON-RELIANCE, RELEASE AND CONFIDENTIALITY AGREEMENT and email to Tom@mclaughlinco.com


AUCTION PRE-REGISTRATION


Auction Terms & Conditions
Subject Property:  Union Point, Weymouth, MA

The following terms are believed to be standard in the auction industry. Terms of sale for each individual auction will vary and the documents signed by the successful bidder at any auction shall supercede and take precedence over all other information including, but not limited to, the terms stated below.

  1. In order to receive online bidding credentials prospective bidders must tender a $50,000.00 deposit to the auctioneer. This can be done by certified funds or wire transfer and bidders should email dan@mclaughlinco.com to coordinate. All deposits will be held in escrow and will be returned to all unsuccessful bidders at the conclusion of the bidding or within 3 business days of a request to refund the deposit.
  2. Upon receipt of the initial $50,000.00 deposit the prospective bidder will receive Online Bidding Credentials.
  3. The Property Auction sale is not contingent on the Buyer obtaining financing, nor conditional upon inspection.
  4. All Property(s) is being sold "AS IS" condition without any representations or warranties of any kind. Bidders are encouraged to review all Property details, zoning restrictions, compliance certificate, inspection reports, and any other information prior to attending the Auction.
  5. All sales are final.
  6. Descriptions made by the Auction Company are made as accurately as possible in its website and advertisements, and are provided for information purposes only and should be verified by the Bidder. The Auction Company, the Designated Brokers, Seller or their Agents cannot be held liable for any errors or omissions whatsoever.

If you agree with the terms and conditions, complete the form and click "Pre-Register for Auction".

Note: Registered users can track their registrations on the My Registrations page.

PRE-REGISTER FOR AUCTION

By submitting this form, you as a successful Bidder agree to the Terms & Conditions as stated by the Auction Company. Any other Terms & Conditions announced on the Auction Day would take precedence over printed matter or statements made previously. I HAVE READ, APPROVED and RECEIVED A COPY OF THESE TERMS & CONDITIONS, and ACKNOWLEDGE THAT THE INFORMATION IN MY REGISTRATION PROFILE IS ACCURATE AND TRUE