Auction: Bank Branch in NC
116 Montreat Road Black Mountain, NC 28711
Listing Type :	For Sale
Property Type:	Office
Subtype:	Office Building
Sale Price :	Confidential
Cap Rate:	N/A%
Commission Split:	N/A%
Building Size:	2,158 Sq Ft
Lot Size:	0.4 Acres
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Updated Thursday, February 04, 2010

Property Description AUCTION: Leased & Vacant Bank Branches and Bank Sites in NJ, NC, FL & TX on Feb. 16-18, Selling by order of a national REIT. SOME SELLING ABSOLUTE! Prop. 104 -sells at ABSOLUTE AUCTION! 2158+/-sf on .41+/- acre. One floor commercial building. Zoned C-2. Built in 1941. 2009 Taxes: $2877.23. Fronts 74’+/- on Montreat Road. Auction Held: Wed, Feb. 17, 11:00 A.M., On-site. Terms: 15% Down, all properties must close on or before March 8, 2010. Online bidding available, call for details.

Location Description Fronts 74'+/- on Montreat Road

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	1 Mile	5 Miles
Population
Total Population:	5,280	17,633
Population Density:	5,280/sq mi	705/sq mi
Households
Total Households:	2,379	7,283
Average Size:	2.22	2.42
Income/Age/Gender
Average Income:	$35,376.00	$37,741.00
Average Age:	34.0 years	25.6 years
Male/Female Ratio:	46.4 M / 53.6 F	47.7 M / 52.3 F
Housing
Total Housing Units:	2,660	8,583
Occupied Housing:	2,379 (89%)	7,283 (85%)
Vacant Housing:	281 (11%)	1,300 (15%)