Mississippi Industrial College Homes Apartments
Holly Springs, Mississippi

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Bids will be accepted orally on:

Sale Date: March 11, 2010
Time: 11:00 am (local time)
Place: Marshall County Courthouse
(South Door)
128 E. Van Dorn Avenue
Holly Springs, MS 38635

This apartment complex was built in 1971. Comprised of 14, two-story buildings, this complex offers 16 one-bedroom, 24 two-bedroom, 36 three-bedroom and 24 four-bedroom units. A $150,000 Earnest Money Deposit is required for bidding at the foreclosure sale. A $1,147,549 Letter of Credit (LOC) or Cash Escrow is required to ensure completion of repairs. A Project Based Section 8 Housing Assistance Payment (HAP) Contract for 100 units will be provided at closing. Project based assistance is predicated on the availability of funds. HUD does not own or operate this facility. Visitation is at the discretion of the current owner/site manager. Viewing information is provided in the Property at a Glance.

OPEN HOUSE: None Scheduled