Auction Details

 

Type

Live Auction

Auction Dates

January 4, 2024

Description

Estate AUCTION

Including Commercial Real Estate

THURSDAY  JANUARY 4

10:00 a.m.

2709, 2711, 2719 North K Street

Fort Smith, AR

Directions:  From Grand Ave turn North on North Greenwood Ave go 3 blocks; then turn East on North K St.

2709 N K St:  Appx 1,450 sf building used as an office for Welding business, and it includes a bathroom.

2711 N K St:  Appx 3,838 sf metal truss building w/concrete floor & brick exterior.  Property includes appx 288 sf office, bathroom, 2,000 sf pole shed & chain link fencing.  Used for Charley King & Son Welding

2719 N K St:  Appx 2,400 sf metal truss building w/concrete floor.  Used for C&K Wrecker Service

10% Buyer’s Premium.  Please click on ‘terms’ tab for complete list of terms. Real Estate sells at 10 a.m.

Trailers, etc:  16′ Double Axle Equipment Trailer – 5×10 Box Trailer – MTD Riding Mower – Forklift Forks

Shop:  Lincoln Idealarc TM 400/400 Welder – Lincoln Idealarc 250 Welder – HI Freq Lincoln Welder – Miller Matic Wire Welder – Miller Model MP-65E Welder – Misc Welders – Lodge & Shipley Metal Lathe – Walker/Turner Drill Press – Shop Press – Quincy Air Compressor – Steam Cleaner – Wells Metal Cutting Saw – Craftsman Table Saw – Port-a-Powers – Bench Grinders – Lg Vises – Pallet Jacks – Chain Hoists – Chains – Boomers – Snatch Blocks – Hooks – Lg Winch – Shop Fan – Metal Shop Table – Matco Roll Around Cabinet – Metal Cabinets – Trailer House Jacks – Hydraulic Jacks – Pry Bars – C-Clamps – Clevises – Hitches – Toolboxes – NBM Co 3/4″ Socket Sets – Hand Tools – Alum Ladders – Bolt Bins – Grease Pump – Flat Metal – Channel Iron – Angel Iron – Pipe – I-Beam – Expanded Metal – Diamond Plate Metal – Pipe Stands – Metal Bins – Lg Engines – Transmission – Acetylene Bottles –  Welding Leads & Rods – Bob Settle Heater – Spray Tank on Wheels – Metal Barrels – Alum Ramp – Tires – Plastic Pallets – Fire Ext

And:  Texaco Signs – 3’x4′ Safe – 2x’4′ Safe – Small Safe – Pellet Stove – Elec Heater – Whirlpool Refrigerator – Kenmore Refrigerator – Desks – File Cabinets – Office Supplies

Note:  We are selling for the Charles Kenneth King Estate.  This is a nice commercial location with 3 properties next to each other.  Lots of nice shop items – expect a lot more than this listing.  10% buyer’s premium.

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. 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.