ABSOLUTE AUCTION!

*Bidding will begin May 24th, at 10:00 AM.*

There is NO Buyer's Premium.

LOCATION
From Oxford, KS go East on HWY 160 to 11th Rd and turn South to 172nd. Entrance is located on the Northeast corner of the property.

DESCRIPTION
118.5 +/- acres with 104.4 acres of farmland and 82.4 acres of cropland along the Arkansas River. There is approximately 60 acres of wheat presently. The Arkansas River flooded in the summer of 2019 and deposited about 20 acres of sand on the north side of the property taking that portion out of crop production. Presently switch grass is growing on that acreage. Property has a mixture of productive cropland and heavy timber. Excellent deer, turkey, pheasant, quail, and waterfowl hunting. Here is the opportunity to purchase a piece of Arkansas River frontage with a big sand bar to use for hunting and recreational purposes.

MINERAL RIGHTS
All of Seller’s mineral interest will pass to Buyer.

WATER RIGHTS
N/A

TAXES
$651.96 Taxes will be prorated to the date of closing.

POSSESSION
Possession is subject to tenant’s rights. Seller is reserving the 1/3rd interest in the growing wheat. Possession of the non-cultivated ground will be upon closing. Tenant has the right to plant a crop for the summer or fall.

TERMS
ONLINE AUCTION ONLY! Visit gavelroads.com to register and bid! Bidding begins to end at 10:00 AM on Tuesday, June 7th.

$10,000 down as earnest money the day of auction with the balance due on or before July 7, 2022. Property is selling “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer’s responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of the title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads is an agent of the Seller. Property selling in conjunction with Gavel Roads, LLC, Connie Francis, Broker 316.425.7732.

June 7th, 2022 118 +/- Acres Cowley Co. KS Online Only Absolute Land Auction