Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA

UNDER CONTRACT!
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb
Image for Public Auction | 3,772± SF Industrial Condominium with Two Levels | Dock Door | Office Spaces | 45681 Oakbrook Court - Suite 101 | Sterling, VA thumb

Click here to watch a short YouTube Video about this auction!

Open House on Wednesday, March 5th from 12:00 - 2:00 p.m.

45681 Oakbrook Court – Suite 101, Sterling, VA 20166

(Click here for an Interactive Map of this property!)

This industrial condominium is ideally situated in the heart of Sterling, Virginia, offering easy access to major roadways, including Route 28, the Dulles Toll Road (Route 267), and Dulles International Airport. Located within a well-maintained business complex, Suite 101 provides a modern and versatile environment suitable for a wide range of business needs.

FEATURES:

  • Online & Onsite Auction
  • Trustee Sale
  • Association Fees: $4,600/yr
  • Zoned IP [Industrial Park]
  • 3,772± SF
  • Large Shop/Work Area
  • Office Space
  • Ample Parking
  • Dock Door
  • Ideal for light industrial or professional use

 

Online and Onsite Bidding at 45681 Oakbrook Court – Suite 101, Sterling, VA 20166:

Thurs., March 6th from 1:00 – 1:30 P.M. EST

 

 

Contact Ernie Rogers to learn more at 804-334-4558 or ERogers@motleys.com

TRUSTEE'S SALE OF

45681 Oakbrook Court, Unit 101, Sterling, Virginia 20166

Unit 101, Oakbrook III Condominium, Loudoun County, Virginia

Tax Map No. 031277704003

In execution of a Credit Line Deed of Trust, recorded November 29, 2018, as Instrument No. 20181129-0068866 (“Deed of Trust”), in the Clerk’s Office, Circuit Court, County of Loudoun, VA (“Clerk’s Office”); the Substitute Trustees, any one of whom may act, having been appointed Substitute Trustees by Appointment of Substitute Trustees dated April 23, 2024, recorded April 26, 2024, in the Clerk's Office, as Instrument No. 20240426-0016741, by and through the designated auction firm, Motley’s Auctions Inc. dba Motleys Commercial Real Estate/Motleys Asset Disposition Group (the “Auctioneer”), and at the request of the present holder (the “Secured Party”) of the obligations that are secured by the Deed of Trust, will offer for sale at public auction at 45681 Oakbrook Court, Sterling, Virginia 20166, on March 6, 2025 at 1:00 p.m., the real estate briefly described as Unit 101, Oakbrook III Condominium, 45681 Oakbrook Court, Sterling, Virginia 20166 (the “Property”), and which is more particularly described in the Deed of Trust (“Foreclosure Sale”).

TERMS OF SALE: Cash. The Property will be offered for sale "AS IS, WHERE IS" and “WITH ALL FAULTS” and will be conveyed by special warranty deed without any warranties. The conveyances will be subject to all encumbrances, rights, reservations, covenants, conditions, easements, restrictions and statutory liens, if any, having priority over the Deed of Trust, as they may lawfully affect the Property. The Trustee, the Auctioneer and the Secured Party make no representation or warranty whatsoever as to the existence, survival or terms of any lease, tenancy or possessory arrangement, and no credit shall be given against the Purchase Price for any associated security deposit(s).

Except for the special warranty contained in the deed, the Trustee, Secured Party and the Auctioneer disclaim all warranties of any kind for the Property, including without limitation any warranty relating to the zoning, physical or environmental condition, title, possession, quiet enjoyment, habitability, fitness for a particular purpose and merchantability. The risk of loss or damage to the Property shall be borne by the successful bidder upon the acceptance of the high bid at the auction. The successful bidder shall assume all obligations for continuation of utility services to the Property. Securing possession and control of the Property following closing shall be the sole responsibility of the successful bidder. Real estate taxes shall be prorated as of March 6, 2025.

An initial bidder's deposit in cash, or by certified or cashier's check, of the lesser of 10% of the final amount bid or $25,000.00 must be shown to the Trustee and the Auctioneer prior to the auction in order to be approved to participate. Auctioneer will charge a ten percent (10%) buyer's premium at the Foreclosure Sale, which will be calculated on the highest bid for the Property (the "High Bid") and added to the High Bid to become the final selling price of the Property (the "Purchase Price"). Immediately after the sale, the successful bidder shall execute a Memorandum of Sale with the Trustee, a form of which is available from the Auctioneer for review upon request, and shall deliver to the Auctioneer an initial deposit which shall be the lesser of $25,000.00 or ten percent (10%) of the Purchase Price of the Property. An additional deposit in an amount equal to the remaining balance of the 10% Purchase Price deposit must be received by the Trustee by wire, cashier’s check, or certified check no later than 5:00 p.m. on March 11, 2025.

If the successful bidder fails to timely close, the deposit(s) shall be forfeited and (at the option of the Substitute Trustee) the Property may either be resold at the risk and expense of the defaulting successful bidder or the Substitute Trustee and the Secured Party may accept the next highest bid for the Property. The defaulting successful bidder shall be liable for any deficiency resulting from such next-highest closing or resale, and shall remain liable for any operating shortfall on account of the Property until closing of any such resale.

Settlement in full shall be made by wired funds to FloranceGordonBrown, P.C. at 901 East Cary Street, Suite 1900, Richmond, Virginia, 23219 on or before May 6, 2025, TIME BEING OF THE ESSENCE. Additional procedures, terms and conditions may be announced at the time of sale, and shall control.

On-Line bidding at the time of the Foreclosure Sale is permitted beginning at 9:00 a.m. on March 6, 2025. Contact Motleys Real Estate Services at the email address or website shown below for any additional information, and to make advance arrangements for on-line bidding.

HAMILL D. JONES, JR. DAVID F. BERNHARDT DANIEL S. OBERSKI Substitute Trustees

 

For Information Contact:

Ernie Rogers

Motleys Real Estate Services

3600 Deepwater Terminal Road Richmond, VA 23234

Phone: 804-327-9090 ext. 1

Mobile: 804-334-4558

Email: ERogers@Motleys.com

www.Motleys.com

 

Substitute Trustees:

901 East Cary Street; Suite 1900 Richmond, VA 23219

Daniel S. Oberski

Phone: (804) 697-5118

Email: doberski@fgb.com

 

Hamill D. Jones, Jr.

Phone: (804) 697-5128

Email: hjones@fgb.com