Albert and Marie Horstman will sell two seperate tracts of ground in Gerald, MO. Tract 1 is the Whispering Pines subdivision. The Whispering Pine subdivision sits on 6.3 acres more or less and contains 27 separate lots with electric, water, and sewer connections. This property is a good opportunity for a developer who is ready to build. With a recent appraisal of $428,000 and a starting bid of $200,000, it makes for a great investment opportunity! Tract 1 Whispering Pines subdivision Birch Drive Gerald, MO 63037 -27 lots with electric, water, and sewer connections - Inside city limits of Gerald - 1/4 mile from HWY 50 Multi family lots= 13 lots Single Family lots= 14 lots Sales Details for Tract 1 -Starting Bid of $200.000 -Recent Appraisal of $428,000 - Buyers premium: 3% of purchase price -10 % non refundable earnest money due at end of sale ( December 3rd) rest due at closing - Closing at Franklin County Title in Union
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