NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2007 Apr 17 @ 10:30UTC-7 : PDT/MST
COPE GRAIN STORAGE FACILITY
PROPERTY ADDRESS: 45109 Highway 36, Cope, CO 80812
LEGAL DESCRIPTION: A 6.8 ac tract in the NW1/4 of Section 34, Township 4 South, Range 49 West of the 6th P.M.,
Washington County, CO
ZONING: Commercial
REAL ESTATE TAXES: $3,056.65
IMPROVEMENT DESCRIPTION: 650,000 bu Grain Storage facility described as follows: 2- 5,000 bu steel overhead
tanks and 6 - 7,500 bu Butler steel tanks with hopper bottoms that empty to a back pit for a total of 55,000 bu capacity. Concrete
driveway with pit that flows directly to the main receiving leg. Driveway is enclosed with metal with 2-14’ overhead
doors. Main leg feeds “drag” conveyors to 2 – 150,000 bu steel tanks and the metal warehouse. The 2 – 150,000 bu steel
tanks have level concrete floors with aeration tubes and drag conveyors located in the floor which take the grain back to the
main house to receive in the back pit. A 100’ by 140’ flat storage concrete floor metal warehouse with 18 ft sidewalls and
large steel beams for support. Drag conveyor on top of the roof extending the length of the building to fill to a 288,000 bu
capacity. Drag conveyors and aeration tubes in floor leaving a level floor for unloading. These conveyors take the grain to
the sides of the warehouse to be elevated into trucks to come back to the main house. Temperature lines are located in the
ceiling. The facility has Hazard Monitor System, temperature monitoring system, Hot Spot by Rolfes Portable Read out
Machine Model SSD77, Monitoring System-Aptec on leg. 20’ x 20’8” scale house/office with probe setup. 100,000 pound,
60 foot platform scale with digital display monitor and electronic printer. Large traffic area off of Hiway #34 to access loading,
unloading, and scales. The facility has Hazard Monitor System, temperature monitoring system, Hot Spot by Rolfes
Portable Read out Machine Model SSD77, Monitoring System-Aptec on leg. 40’ by 100’ wooden fertilizer warehouse in
poor condition. No rail. MINIMUM BID: $160,000
Auction Location:
The Club at Indian Hills, Yuma, Colorado, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
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AUCTION DATE Tuesday, April 17, 2007, The Club@ Indian
Hills, Yuma, CO, 10:30 a.m., MT.
LOCATION The Cope Elevator is located on the northwest
side of Cope adjacent to Hiway 36. Arapahoe Grain Storage located
at Arapahoe, CO, south of Burlington CO.
OVERVIEW The Schuler family is liquidating these properties
to settle an estate. In today’s bullish world of high grain prices
and the need of grain storage, an excellent opportunity to purchase
grain storage and handling facilities at 15% of replacement
cost. Turn key operation with impending wheat harvest and
backlog of contractors to build storage.
SALE TERMS/PROCEDURE The "Cope Grain Elevator
Auction" includes two properties. The Cope facility is an ABSOLUTE
AUCTION based on a MINIMUM BID. The absolute
sale of the Cope property is triggered whenever the highest bid or
bids received equal or exceed the TOTAL MINIMUM BID of
$160,000. Seller agrees to enter into a contract to sell the property
with the Purchaser who bids the highest price equal to or
above the minimum bid. Property to be offered as one Parcel.
The Arapahoe property is an ABSOLUTE AUCTION with the
property being sold to the highest bidder. Competitive bids will
determine outcome of auction. Seller agrees not to accept and
negotiate any contracts to purchase prior to auction date. Bids
will be taken for total purchase price.
SIGNING OF PURCHASE CONTRACT Immediately following
the conclusion of the auction, the highest bidder will enter
into and sign a Purchase Contract (Specific Performance/Cash
at Closing) for the amount of the bid. Required earnest money
deposit to be in the form of a personal, business, or corporate
check for 15% of the purchase price which is due upon the signing
of the contract and to be deposited with Reck Agri Realty &
Auction. Purchase contract will not be contingent upon financing.
Terms and conditions of the detail brochure and oral announcements
shall be incorporated and made a part of the contra