Auction Details
AUCTION
Including Commercial Real Estate
THURSDAY JUNE 27
11:00 a.m.
123 N 20th St
Fort Smith, AR
Directions: From Rogers Ave turn North on N 20th St.
Appx 2,398 sf brick building previously used by Custom Awards & Engraving. This nice commercial property was originally a 3 bedroom/1 bath home and was converted to 6+ offices. On a corner lot and zoned C-2, this property will make a great professional office or retail store. Great investment opportunity!!
10% buyer’s premium on real estate only. Please click on the “terms” tab for a full list of terms.
Personal Property
Equipment, etc: Epilog Legend 24EX Laser Engraver – Glass Etching System – Pantograph Engraver – Imperial Metal Shear – Button Maker – Hat Press – Auto Tape Dispenser – Hole Punch (for Metal Plates) – Drill Press – Miter Saw – Store Counter – File Cabinets – Wire Baskets – Metal Shelving – T-Shirt & Hat Blanks – Resin Awards – Trophies – Photo Lighting Equipment
And: Rattan Sofa – Mini-Refrigerator – Coleman Lanterns & Stove
Note: This is a nice location for an office or small business. Please note 11 am starting time and expect more personal property than listed.
All announcements day of sale supersede this ad
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. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
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 at closing. 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. Auctions are conducted 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.
