PUBLIC AUCTION FOR CARLYLE APARTMENTS SET FOR JAN. 19

The Carlyle Apartments complex in Seaside goes on the auction block Tuesday, Jan. 19.
A public auction for the 25-unit facility will begin at 10 a.m. at the Judge Guy Boyington Building, 857 Commercial St., Astoria.
The Clatsop County Board of Commissioners voted last month to place the property up for sale, after efforts to sell the facility to the Clatsop County Housing Authority failed.
The county took possession of the Carlyle last June following a lengthy legal dispute with the former owner over a reversionary clause in the property deed. After taking ownership the county hired Income Property Management Company of Portland to manage the facility, but Clatsop County officials and the board have determined the best course of action is to sell the property.
The facility was originally built in 1968 as a nursing home. It was converted to a 25-unit apartment complex in 1993 and has been in operation as apartments since then. The complex itself is a 22,882-square-foot, single-story building on 1.3 acres of land at 822 Necanicum Drive in Seaside.
An informal walk-through of the grounds and common areas for potential bidders will be held Wednesday, Jan. 13 from 10 a.m. to noon.
After the purchase the county replaced the units’ wall heaters, replaced some windows in the hallways and laundry room, fixed leaky skylights and made other minor repairs.
The property will be sold to the highest bidder as is. The minimum bid accepted at the auction is $1.5 million. The property has a real market value of $1,596,917. The county reserves the right to reject any and all bids.
The successful bidder must make a non-refundable deposit of $15,000 by 5 p.m. the day of the auction, with final closing to take place by May 20, 120 days after the sale.
A complete bid packet is available from the Clatsop County Property Management office, Suite 230, 820 Exchange St., Astoria between 8:30 a.m. and 5 p.m. For more information, contact Property Specialist Sirpa Duoos at (503) 325-8674.