ESTATE OF CAROLYN TODD AUCTION
160± ACRES ● CROP ● PASTURE ● POND ● ENID OK
GREAT HOME SITE CLOSE TO TOWN
MONDAY, MARCH 23RD 2020, 10:00 AM
AUCTION LOCATION: On site 7713 E RUPE AVE, ENID, OK, 73701 LOCATION OF THE FARM: From the corner of Hwy 412 and 78th Street (aka Farmland RD) in Enid, OK., go south 1 ½ miles and the property is on the west side.
LEGAL: NE/4 Section 19-Township 22N-Range 5 WIM Garfield County, Oklahoma
This farm has about 110 acres of cultivation and about 50 acres of grass pasture and a pond. The farm lays well and has a pond in the NW corner of the property. This property has the potential of a home site location with good blacktop road access. This would be in the Pioneer school district.
SOILS: Kirkland silt loam Class II, Kirkland-Renfrow complex Class III, Renthin-Masham complex Class III
FSA INFO: Farmland acres 157.6, DCP Cropland acres 111.26, Wheat base 111.2 acres, Yield 32.
TAXES: 2019 Taxes were $357.00. The 2020 taxes will be prorated to day of closing.
POSSESSION: Will be given on all land after the harvest of the existing 2020 crop.
MINERALS: no minerals selling.
PRE OFFERS: No pre offers will be taken.
PREVIEW: You can preview the property at any time during daylight hours.
INTERNET BIDDING: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible for loss of signal by either side.
TERMS: 10% down of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to the condition prior to the day of the auction. Any announcements made the day of auction supersede all advertising.
AUCTIONEERS NOTE: To see pictures go to www.lippardauctions.com. If you have any questions, please call the Auction Company @ 580-237-7174 or Jerry Whitney @ 580-747-6705. Preview on your own during daylight hours.
SELLER: Estate of Carolyn Todd
40 years of Successful Business. Quality Halibut Fishing / Hunting Charter Business & Commercial Building with Lodging. Well established with impeccable reputation. 24+% CAP Rate with 65% tangible assets makes the investment well above the norm for the industry and a great tax reduction opportunity . Business has updated Booking / Lodging Building on the most traffic area of the Homer Spit. Listing includes 53 vessel that can accommodate up to 22 clients & 28 Bertram Flying Bridge vessel accommodating up to 6 fishermen, completely equipped including Halibut Permits. NO Real Property building is on a ground lease with Time Bandit Company
Retail Booking Office : World Famous Homer Spit Boardwalk
Lodging : 1 studio Apartment above retail Office
Halibut Permits: 1- 22 Seat Halibut & 1- 6 Seat Halibut CHP
Boat #1: 53 Little Hoquiam fully equiped
Boat # 2: 28 Bertram Cruser Flying Bridge
Fishing Services Offered : Halibut, Salmon Trolling, Combos, Rockfish, Lodging, Kayaking
Hunting Services Offered: Spring & Fall Black Bear Vessel-Based & Kodiak Sitka Deer
Sub Type: Comm Bus Opp
Waterfront: Kachemak Bay