|
Public Real Estate Auction
Thursday, September
11, 2008
Bidder Seminar @ 9:30 a.m.
Auction @ 10:00 a.m.
|
Farm Land - 507 acres m/l, offered in
5 Tracts
Moberly, Madison, Monroe County,
Missouri, Area |
|
Directions to Property: |
From Moberly,
MO, take Hwy 24 east approximately 14 miles to the
Randolph/Monroe County Line where the property begins
immediately on the left.
From Madison, MO, take Hwy 24 west approximately 4.25
miles to the where the property begins on the right. |
|
|
|
AUCTION SITE:
Best Western Moberly Inn
1200 E. Hwy 24, Moberly, MO |
PRE-SALE
PROPERTY VIEWING:
Sunday, August 17, 2008 From 2:00 to 4:00 p.m.
|
NOTE: In
addition to bid price, the Buyer will be required to pay a
4% Buyer's Premium on final accepted bid. |
|
Real Estate
|
| REAL ESTATE consists
of 507 acres m/l, offered in 5 Tracts located
in Township 54N - Range 12W - Sections 7, 17 & 18 in
Monroe County, Missouri. This property lies north of Hwy
24 and has approximately 377 acres m/l tillable. Survey will
govern exact amount of acres. All Tracts have access to
Monroe County Rural Water.
The farm is currently cash rented and
all tenant's rights will remain intact until 2008 crops are
removed. Seller will retain all 2008 farm income and pay all
2008 taxes.
The new Buyer will get all 2009 crop
year rights and any future tax liabilities.
 |
 |
TRACT
1: Consists of 114 acres m/l and is located
in the western most part of the farm at the
Monroe/Randolph County Line. The property is
bordered on the south by Hwy 24 and on the west
by County Road 1101. This Tract is primarily
open with the balance in a wooded draw. It has a
waterway and appears to be a productive tract
that is flat to gently rolling.
|
|
|
TRACT
2: Consists of 162 acres m/l and lies just
east of Tract 1. This property is bordered on
the south by Hwy 24 and on the east by County
Road 1117. There is a private drive off Hwy 24
that splits this tract which gains access to a
pole frame machine shed. The southern part of
this tract is open and currently in soybeans.
The balance of this property is flat to gently
rolling with a waterway and a wooded area.
|
|
|
TRACT
3: Consists of 74 acres m/l and is bordered
on the south by Hwy 24 and on the west by County
Road 1117. This property is primarily open and
in crop with a small amount of woods on the
north side and in the southeast corner.
|
|
|
TRACT
4: Consists of 74 acres m/l and is bordered
on the west by County Road 1117. This property
is open on the east and west sides with a wooded
draw through the middle.
|
|
|
TRACT
5: Consists of 83 acres m/l and is accessed
by County Road 1117 with nearly ¼ mile of
frontage. This property has open ground to the
west of the tract and woods located on the east
side of this tract.
|
|
|
TERMS: 10% down day of sale
with remaining balance due at closing within 30 days. Seller
will provide title insurance. Possession will be given at
closing, subject to current farm tenant's rights.
|
| Auctioneer's Note:
|
This farm
offers several great possibilities, first it has
agricultural potential and with such a high percentage of
cropland, it provides an excellent opportunity to expand a
current farming operation or a good chance for someone to
invest some 1031 or other monies into an agricultural
investment property, with great cash rent returns.
In
addition, it provides some wonderful hunting opportunities,
with some wooded and edge areas with lots of available food
sources.
For someone who wants to build a new home and have
some space for horses or other livestock, it provides some
good building sites, with county water available.
It can do
all this with a great location just minutes each of Highway
63 at Moberly or west of Paris right on Hwy 24. |
| |
|
SELLER:
JAGR, LLC |
|
Missouri License Monroe Co. #4
