Auction Details
AUCTION
Including Commercial Real Estate
TUESDAY, APRIL 8
10:00 a.m.
24075 Picturerock Road
Poteau, OK
Directions: 3 2/10 miles West of Poteau on HWY 271 turn East on Picturerock Road.
Appx 7,200 sf red iron building with 5 roll-up doors (12′ & 14′), office space, restroom, 3 phase & single phase electric and lots more on appx 5 acres. Previously used as a grow facility, this property can be used for any business or for warehouse space.
10% buyer’s premium. Click the “terms” tab for a full list of terms.
Personal Property
Buildings (to be moved): 12’x32′ Tiny Home or Portable Building – 14’x30′ Metal Building – 14’x32′ Greenhouse/Portable Building
Shop Items, Grow Equipment & Misc: Zerocool System (Air Conditioner & Dehumidifier for Grow Facility – Cost $100,000) – 6000 & 5500 Watt Generators – Scaffolding – Mini-Split Unit (still in box) – Netafim – High Flow Reverse Osmosis Unit – Stainless & Other Shelves – Halogen Lights – Lg Breaker Box – Grow Media – Green House Canopies – Grow Lights – Grow Tables – Ridgid Shop Vac – Revolution Commercial Grinder – Dehumidifiers – Sump Pump – Misc Tools – Shop Fan – Fans – Can-Fan – Air Force Pro Pump – Anden Air Filter – 2″ Steel Pipe – Lumber & Plywood – Elec Wire – Conduit – Water Tanks – Water Cooler – Timers – Buckets – Chest Freezers
And: Appx 100 Pallets of Stone and Native Cut Stone
Note: This is a great opportunity to purchase a versatile property. Expect more personal property than listed. 10% buyer’s premium.
Terms and Conditions
Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
(479) 996-4848
Terms
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.
