Sale of Real Property--Genoa Way

The Town of Fountain Hills is soliciting competitive sealed bids for the purchase of real property, specifically a single-family residential subdivision land (common area) located at the northeast corner of Fountain Hills Boulevard and Shea Boulevard, Fountain Hills, Arizona. The property has an assessed value of $345,600, with additional fees for appraisal, survey, and administration, totaling $361,800. The successful bidder will be responsible for all closing costs and recording fees associated with the transaction. The town reserves the right to award or negotiate a contract deemed to be in the best interest of the town. Key aspects of the bid include: • The property is being sold on an "AS IS, WHERE IS, WITH ALL FAULTS" basis • The town makes no representations or warranties regarding the property • The bidder is responsible for all inspections, investigations, and due diligence • The town reserves the right to reject all bids if deemed to be in its best interest • The successful bidder will have 60 days to complete the transfer process and pay the purchase price and all closing costs