SOLD!!! $836,000

Lester Lyle Ranches SOLD!!! $836,000

Real Estate AUCTION
Lester Lyle Ranches
1360+/- Dry Farm Acres w/ 1350+/- in CRP
Offered in 4 Tracts Separately or Combined
Tuesday, February 10, 2009 – 2 PM

Auction Location:  Michael Jay’s Restaurant, 710 S Columbia, Connell, WA

Property Description:  
Located 12 miles east of Othello, WA and 5 miles west of US 395 x SR26, these tracts are generally described as portions of Sections 1, 2 & 11, Township 31 North, Range 31 East W.M. and portions of Section 6, Township 15 North, Range 32 East W.M. in Adams County, Washington.  Tract 1 is north of and adjacent to SR 26, between Johnson & Kulm Roads; contiguous Tracts 2, 3 & 4 are south of and adjacent to Cunningham Road, east of Johnson Road.  Tracts 2 & 3 are adjacent, East & West of Kulm Road.  Tract 4 is east of Johnson Road, west of Tracts 2 & 3.

Historically utilized for dry crop production, FSA records indicate 1350+/- acres currently under CRP contract through 2009 to 2019. Complete CRP data is available from USDA Farm Service Agency in Ritzville, WA at (509) 659-1761 Ext 102.    

Sale Terms:

• A 10% Buyer’s Premium will be added to the high bid(s) to determine the selling price.
• Bidding pre-qualification & registration requires Bidder deposits of $10,000 per tract (Tracts 1,2, 4); $20,000 (Tract 3); or $50,000 for Entirety; made payable to Brock, Carpenter, McGuire & DeWulf
• Earnest Money Deposit is 10% of the selling price.
• Sale is subject to seller confirmation & acceptance of bid(s).
• Cash at closing on or before March 11, 2009
• Purchasers must meet all FSA requirements for purchasers of CRP property

Property Inspection:  At viewer discretion prior to auction.

Complete property & auction information available at (509) 297-9294.

Disclaimer:  No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, including but not limited to: acreages, dimensions and or square footage of buildings, production of wells or the condition of any of the aforementioned.  The same is submitted subject to errors, omissions, change of price, rental or other conditions and withdrawal without notice.  Buyer and his agent are responsible for independently verifying all presented information