29 BANK OWNED PROPERTIES
On July 28, 2012, Kennedy Wilson conducted an auction of 29 assets located in Arizona, California, Nevada, New Mexico, and Oregon. Assets consisted of income type properties such as existing improved retail, office and industrial (13 assets). Assets also included commercial and residential land (16 assets). Property values ranged from a few thousand to more than $3.5 million with an average value of approx. $1 million. All properties were sold on an All-Cash, As-Is, Where-Is basis without warranty or guarantee whatsoever, except for title insurance.
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