AUCTION INCLUDING REAL ESTATE ARKOMA, OK
Oct 15, 2021
Including Real Estate
FRIDAY OCTOBER 15 – 10:00 a.m.
525 Main St, Arkoma, OK
Directions: Corner of Main St (HWY 112) and Boon Ave in Arkoma.
Great commercial location in high traffic area. Appx 3,380 sf building with offices and warehouse space on large lot with appx 10,500 sf asphalt parking lot. Road frontage on two sides and room to grow. Nice location for any business!
We will also sell a residential lot located at 824 HWY 9A, Arkoma (Directions: In Arkoma on HWY 112 turn West on 9A)
10% Buyer’s Premium on real estate only. Please click on ‘terms’ tab for complete list of terms. Real Estate sells at 10 am.
Mowers & Trailers: (2) John Deere Commercial Mowers – 14′ John Deere Trailer – 12′ Texas Bragg Trailer
Coins, Gun, Jewelry: Gold & Silver Ounces – Indian Head Gold – Bars & Rounds – Morgan & Peace Dollars – Englehard Prospectors – Carson City’s – Vintage Paper US Currency – 1800’s Shotgun – Misc Ammo (BMG 50, 223/556, 30-30, etc) – Pocket Knives – Marbles – Gold & Sterling Jewelry – Costume Jewelry – Display Cases
Antiques & Collectibles: Cigar Cabinet – Vintage Toys – Beer Tap Handle Collection – Enamelware – Gumball Machine
And: Lumber – Insulation – Duct Work – Misc Electrical – Light Bulbs – Faux Street Lights – Lawn Games – 100’s DVD’s – Video Games – Computers (Scrap) – Guitar Amp – Commercial Size Ice Machine – Margarita Machine – Water Cooler – New & Used Tools – Misc Furniture – Toys – Bicycles – Elec Scooter – Gas Grills – Folding Tables – Youth Football Gear – Retail Clothes Racks – Holiday Decorations
Note: Our owners must sell this nice commercial building, lot and excellent personal property. Expect more personal property than listed. We will sell everything, including the residential lot from the commercial building location on Main Street.
All announcements day of sale supersede this ad
Terms and Conditions
Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due within 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records