NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2008 Feb 12 @ 10:30UTC-7 : PDT/MST
PARCEL #5: LEASEE RIGHTS TO STATE
LEASE #44453 - All of 36, T1S, R52W; 616.4 ac
dry farmland; FSA bases: 290.3 ac wheat;
Soils consist of Class III & Class IV soils;
252 +/- ac wheat, 364.4 +/- ac wheat stubble;
Purchaser to receive 100% of planted
wheat. Purchaser to pay April 1, 2008 annual
payment of $9,131.26.
SUGGESTED OPENING BID: $40,000
Auction Location:
Washington County Fairground, Akron, Colorado, United States
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
AUCTION DATE/LOCATION: Tuesday, February 12, 2008, Washington
Cty Fairground’s Event Center in Akron, CO, 10:30 a.m., MT.
BUYER INFORMATIONAL MEETING: Friday, January 25, 2008,
Washington Cty Fairground’s Event Center in Akron, CO, 10:30 a.m., MT.
LOCATION: From Akron 17 miles south on Highway #63 to CR 24, 6
miles east on CR 24 to the NW corner of Parcel #2C.
OVERVIEW: The property currently owned by X Bar Ranch, Inc. Property
being offered for auction appeals to a variety of buyers are interested in
pivot irrigated or dryland or a combination thereof, and/or who may add one
parcel or a larger block to their existing farming operation. Excellent opportunity
to expand current operation or purchase property for investment.
SALE TERMS/PROCEDURE: The "X Bar 4 Ranch Auction, Inc." is
based on a MINIMUM BID. The sale of the property is triggered whenever
the highest bid or bids received equal or exceed the TOTAL MINIMUM
BID of $1,305,000. Property to be offered in 9 Parcels, 2 Combinations,
and as a Single Unit. Competitive bids will determine outcome of
auction. No parcel sells unless all parcels sell. Sellers agree not to accept
and negotiate any contracts to purchase prior to auction date. Bids will be
taken for total purchase price not price per acre.
SIGNING OF PURCHASE CONTRACT: Immediately following the
conclusion of the auction, the highest bidder(s) will enter into and sign a
Contract to Buy and Sell Real Estate (All Types of Properties) 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 contract.
CLOSING: Purchaser(s) shall pay in cash, electronic transfer funds, or
cashie