TRACT 1 - $13,000 PER ACRE
TRACT 2 - $12,200 PER ACRE
TRACT 3 - $8,300 PER ACRE
TRACT 4 - $8,400 PER ACRE
TRACT 5 - $7,400 PER ACRE
TRACT 6 - $6,300 PER ACRE
TRACT 7 - $265,000 FOR THE ACREAGE
MONDAY, JULY 12, 2021 @ 10:00AM
SALE TO BE HELD AT THE OTO AMBULANCE CENTER
LAND WILL BE SOLD IN 7 DIFFERENT TRACTS
What An Amazing Offering. We will be offering 7 distinct tracts, each of which have their own unique attributes. An opportunity to purchase some of the areas best producing river bottom land, as well as some rolling land close by. The following is a partial breakdown of the tracts. All acres, boundaries and other information are approximate and will be determined by the FSA Office according to the guideline once new ownership has been determined.
Wow!! When was the last time you had a chance to buy from 17.5 acres up to over 530+ acres at one auction? The diversity in this offering is quite unique, in the fact that it ranges from some of the top producing flat river bottom land in the area to an awesome combination Recreational Hunting and Fishing/ Farm combination / 80-acre tract and everything in between. Finding units like this is becoming more and more difficult as small tracts are being combined with larger operations. If you don’t want to spend years trying to build a sizeable farming footprint close together, you now have an opportunity to get it done in 1 day. If you are trying to match land that fits your current operation and don’t want 500+ acres, you also have that option as well. Well thought out and executed plans will help insure a strong stable future for your farming legacy, whatever they may be. One or all of these farms will only strengthen and enhance your goals. Good Luck to everyone.
METHOD OF SALE: The property will be sold to the high bidder having their choice of Tract 1 or 2 or both tracts. In the event both tracts are taken after the first round, the auction of those 2 tracts is over. In the even only 1 of those tracts are taken, the remaining tract will be offered. Tracts 3,4,5,6 & 7 will be auctioned in their numerical order individually with no combination available. The tracts will not be combined and offered as a single unit.
TERMS: The purchaser(s) will be expected to pay 10% of the purchase price on the date of sale and sign a real estate contract agreeing to pay the balance on or before August 16, 2021 upon delivery of clear & merchantable title. The property is being sold without buyer contingency of any kind, so have your financial arrangements secured prior to bidding. Ownership possession will be given upon final settlement. The farm is currently leased for the 2021 crop year with the new buyer agreeing to the terms of the lease and to receive the last ½ of the 2021 cash rent. Sellers will pay those taxes that become delinquent April 1, 2021 and all prior taxes based on the current taxes. Descriptions and information are from sources deemed reliable, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. Property sold “As-Is”, so inspect to the extent deemed necessary and rely on your own judgment when bidding. The Auctioneer/Broker is representing the sellers’ interest in this transaction. The sale is subject only to the owner’s approval. All announcements made the day of sale shall supersede any previously written or oral statements. Real property ONLY being offered. Personal Property auction announced at a later date.
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