April 8th Real Estate Brochure

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www.HendersonAuctions.com

Multiple Property Real Estate Auction Live Auction w/Online Bidding

Thursday | April 8th | 11:30am

Auction Location: Lake Pontchartrain Basin Maritime Museum (133 Mabel Dr. Madisonville, LA 70447)

LOUISIANA AUCTIONEERS ASSN., INC.

LAA

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

Lot# 1

3103 Highland Ave Shreveport, LA 71105

3103 Highland Ave Shreveport, La. 71105, A redevelopment opportunity consisting of a 0.25-acre lot. It is a former gas station with four fuel pumps and is situated on a highly desirable corner lot- the southeast corner of Kings Highway and Highland Avenue. The building has expansive counter-top space, a small kitchen area, and restrooms accessible on the exterior of the building. 1223 SF, Zoned C-2 General Commercial Zone, 5 Spaces, 84FT of Highland Ave Road Frontage, Building Class C, .25 Acres. Redevelopment opportunity at busy intersection, Excellent visibility and access, Ideally located on southwest corner of Kings Hwy and Highland Ave. *Tanks in the ground, possible environmental issue. Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Kurt Sonnier 225-363-8778

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13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

This property is removed from the auction due to legal issues. It will be sold in the future.

Lot# 2

1918 #A&B David Duboin Rd. New Iberia, LA 70560

1918 #A&B David Duboin Rd. New Iberia, La. 70560, 3000 SQ Ft Home, 3 Bedroom, 2 Bathrooms, .63 +/- Acres, Shared Driveway on this property, Looking for a serene country setting ..This is it! This home has a nice back yard with a patio, rear yard access, inground pool and more. This home has tons of potential and is perfect for a first time homebuyer or investor. The master suite has a his/her sinks, granite slab countertop, separate show - er, soaker tub, his and her closet, and more. The kitchen has recessed lighting, crown molding, island, neutral colors, and beamed ceiling. There is also a home theater, dining room, large deck upstairs, and utility room. You don’t want to miss this one! Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Questions? Call Kurt Sonnier 225-363-8778

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13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

21508 Bluebonnet Rd. Kaplan, LA 70548 Lot# 3

14.73 +/- Acres, In Section T11S, R1E, Vermilion Parish. This site is situated just off Hwy 13 with frontage along Bluebonnet Road. It is bordered on the north by an irrigation/drainage canal and was most recently in rice and crawfish production for which It is well suited. Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Questions? Call Kurt Sonnier 225-363-8778

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13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

Lot# 23 | Cypress Hills Bunkie, LA 71322 Lot# 4

Lot# 23 | Cypress Hills Bunkie, La 71322 - Back Corner Lot, Secluded and Ready for your New Construction! Bank mandated lot. Selling absolute to the highest bidder. 10% Buyer’s Premium. Questions? Call Kurt Sonnier 225-363-8778

Of Auctions 64

13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

Lot# 5

92.37 +/- Acres of Commercial Real Estate | Bankruptcy Case#20-10540

92.37 +/- Acres of Commercial Real Estate I-12 & Highway 1088 Mandeville, LA, St. Tammany Parish, Easy Access and Visibility from I-12, Sewer, Electric, Gas and Fiber-Optics Available, Mitigated Wetlands, Cleared and Mitigated with Sewer and Drainage in Place. The entirety of the 92.37-acre site is wetland mitigated and ready to build. From residential to commercial and light industrial, the applications are numerous, including single-family, multi-family, retail, retail-pad, office, medical office, assisted living, and more. Just 16 minutes from the Causeway Bridge. The allowed uses are outlined in the PUD Declarations. No broker co-op, exclusive agent. Questions? Call Eagle Shaw 225-431-0544. Selling Absolute to the Highest Bidder. *You must be approved to bid on this property and a deposit of $10,000.00 is required to bid on this property. *No Buyer’s Premium on this property.

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13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

240+/- Acres Located at 266 Gemstone Dr. Franklinton, La. 70438, This Property was the Former Gemstone Golf Club for Many Years with Several Ponds, Oaktrees, and Buildings. Realtor Tasha Dameron at 985-320-3523. Questions? Call Eagle Shaw 225-431-0544. 10% Buyer’s Premium. This property selling Subject to Owner Confirmation. 240+/- Acres Located at 266 Gemstone Dr. Franklinton, LA 70438 Lot# 6

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13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

Thursday | April 8th | 11:30am Multiple Property Real Estate Auction | Live Auction w/Online Bidding

38.5 +/- Acres of Franklinton, LA Land Lot# 7

38.5 +/- Acres of Franklinton, Louisiana Land, Located in Section 8. Township 1 South, Range 12 East, St. Helena Meridian, Washington Parish, Louisiana. Questions? Call Eagle Shaw 225-431-0544. 10% Buyer’s Premium. This property selling Subject to Owner Confirmation.

Of Auctions 64

13340 Florida Blvd., Livingston, LA 70754 • LA lic# 1160-21 • 225.686.2252

PreBidding is open on this property now. After you have paid your auction participation deposit you may place prebids for the properties. On the day of the live auction the bidding screen will change. How to Participate in the Auction Online 1) Go to www.HendersonAuctions.com to start the registration process. 2) Click on the “PREVIEW CATALOG” tab for the property you would like to bid on.

3) Look for the “REGISTER TO BID” Black tab and find the “SIGN UP HERE” tab at the bottom of the menu. You will need a valid email that you can access for this process. 4) After you have created your account, agree to the terms of the application. Create your account as directed; full name, address and phone number. 5) Verify deposit funds: a valid credit card must be provided for a deposit of $1000 to bid on Lot# 1, 2, 3, 4, 6 and 7. Lot# 5 requires a $10,000 deposit for the April 8th, 2020 auction. 6) An email will be sent to the email you register with, along with an invoice for your deposit. See auction terms for deposit return information. 7) If you prefer to bid online, there will be no internet bidding fees applied. There will be liv e video, audio, and Facebook streaming. Make sure to like our page https://www.facebook.com/HendersonAuctions Lots 1-5 are selling absolute to the highest bidder. Lots 6 & 7 will sell subject to owner confirmation. The high bidder(s) will get a notification within 48 hours of the auction.

Auction Location: Lake Pontchartrain Basin Maritime Museum | 133 Mabel Dr. Madisonville, LA 70447 starting at 11:30am with lunch being served. How to Participate at the Live Auction 1) Arrive at least 30 minutes before the auction to register, pay your deposit and get a lanyard bidding card.

2) To participate in this real estate auction an upfront $1000 auction participation fee is required for Lot# 1, 2, 3, 4, 6 & 7. A $10,000 auction participation fee is required for Lot# 5. 4) You will receive a buyer’s

guide with the lot listings to preview.

5) This live auction will be simulcast online with live video and audio streaming.

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Real Estate Deposit Form | hendersonauctions.com

Auction Title/Date: ________________________________________________ 1) First Name: _______________________Last Name:______________________________________ 2) Email Address: ___________________________________________________________________ 3) Business Name (if applicable): _______________________________________________________ 6) Mobile Phone: ___________________________Office Phone: _____________________________ 7) Address: ________________________________________________________________________ 8) Billing Information Billing First and Last Name:(if same as above leave blank)___________________________________ Billing Address: (if same as above leave blank)____________________________________________ CC type: ________________CC number: _______________________________________________ Expiration date: Month__________ Year ____________ Security Code: ________________________ I authorize Henderson Auctions to charge my credit card for the deposit amount of $_____________ to participate in an upcoming auction. I acknowledge this deposit is refunded within 48 hours (Business Days) if I am not the winning bidder on my preferred lots.

I will be mailing a deposit check or delivering a deposit check on the preview day.

Signature: X____________________________ Print Name: _____________________________

Questions about the auction process? www.hendersonauctions.com to log-in and bid. Call or email Jessica Cason | jcason@hendersonauctions.com | 800-850-2252

13340 Florida Blvd. Livingston, LA 70754 Liquidations | Estates | Construction +1-800-850-2252 | +1-225-686-2252 Auctioneer: J. Henderson La Lic# 1160

Real Estate Auction Terms: 1- The terms and conditions of the auction sale and purchase of any property shall be governed by the Contract for Sale of Real Estate, herein called Purchase Agreement. The high bidder(s) will be required to sign a Purchase Agreement in accordance with paragraphs three, four and five. 2- FEES: Buyer will pay all closing cost and associated fees. 3- AUCTION PARTICIPATION DEPOSIT: To participate in this real estate auction an upfront $1000 auction participation fee is required for Lot# 1, 2, 3, 4, 6 & 7. A $10,000 auction participation fee is required for Lot# 5. Payable via major credit (5% additional fee for credit card transactions), wire transfer, cash, money order or check. You may bring a check with you to the auction location (Lake Pontchartrain Basin Maritime Museum - 133 Mabel Dr. Madisonville, LA 70447) on Thursday, April 8th, 2021. Auction day checks will be accepted and returned at the conclusion of the auction, except the high bidder(s) and second highest back-up bidder(s). The auction participation fee will be refunded within a 48-hour period after the auction to all bidders except the high bidder(s). The high bidder(s) will be notified within 48 hours whether the bid has been accepted by the seller. If so, the auction participation fee will be credited at closing. 4- EARNEST MONEY DEPOSIT: An earnest money deposit equal to five (5%) of the contract price is due and payable within 48 hours of notice of award. All earnest money deposits will be deposited in Henderson Auction’s non-interest bearing escrow account. The 5% earnest money is due within 48 hours after the notice of award and is payable by wire transfer, money order or cashier’s check. This deposit will be deducted from the buyer’s settlement total at closing. The 5% deposit is forfeited if the buyer fails to close on the property. 5- PURCHASE AGREEMENT: A purchase agreement is due within 48 hours of notice of award to the high bidder(s). If the buyer fails to sign a purchase agreement or provide the earnest money deposit within 48 hours of notice of award the auction participation deposit if forfeited. 6- VIEWING/INSPECTION: The buyer is responsible to complete inspections/viewing prior to the close of the auction. 7- “AS IS, WHERE IS”: The buyer is purchasing this property “as is, where is” with no warranties expressed or implied for habitation or development. This sale is not contingent on financing. 8- POSSESSION: Possession of the property will be at closing. 9- SURVEY/PROPERTY MAPS/TAXES: Seller will provide a title abstract and any available maps or surveys as available. Seller does not guarantee current surveys. If a current survey is required, it must be acquired by the buyer. All closing costs are paid by the buyer. Seller pays property taxes pro-rated until time of auction. 10- REAL ESTATE TAXES: All real estate taxes shall be pro-rated.

11- CLOSING: Closing under all purchase agreements shall be on a date no later than forty-five (45) days after delivery of insurable title to purchaser. Buyer to pay attorney fees and closing costs. Winning Bid Subject to Owner Confirmation. 12- BUYER’S PREMIUM: 10% buyer’s premium shall be added to the high bid which will establish the final contract sales price on lots (1, 2, 3, 4, 6 & 7). No buyer’s premium will be charged on Lot# 5. 13- (This only applies to Lot# 5) The second-highest bids will be held open until May 31, 2021 as a back-up bid in case the hightest bidder fails to close. The second highest bidder will be required to close within forty-five (45) days of being notified that their bid has been selected for the sale of the property. The same terms will be applied to the second highest bidder (see paragraphs 4 and 5). If the second highest bidder is not awarded the property their auction participation deposit will be returned in seven business days. 14- (This only applies to Lot# 5 ) “IT IS FURTHER ORDERED that the successful bidder at the Auction may choose an experienced and insured Louisiana attorney or title firm to serve as the “Closing Agent” for the closing of the sale of the Property, as set forth herein. If the successful bidder does not designate in writing to Henderson and Debtor’s counsel by April 9, 2021 at 3:00 p.m. Central Time a different Closing Agent, the Closing Agent shall be Crescent Title, LLC.” General Auction Site Policies: When entering any of the auction sites you do this at your own risk. Henderson Auctions is not responsible for any injuries or damage to property that occurs at the auction site. To preview any properties before the auction contact the acting real estate agent. Account Managers:

Lot# 6 - Tasha Dameron | 985-320-3523 Lot# 7 - Tasha Dameron | 985-320-3523

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