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DAYCO ABSOLUTE RETIREMENT LIQUIDATION AUCTION ~ DAMASCUS, AR

Date

Thursday, Nov. 8, 2018 at 10:00 AM CST

Auction Location

30 North Road, Damascus, Arkansas 72039

Real Estate Description

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After Many Successful Years of Doing Business in Central Arkansas, the Owners of Dayco Construction are
Retiring & Liquidating the 4.44+/- Acre Prime Business Location w/ an Office Building & (2) Shops on HWY 65 
& All the Construction Equipment, Farming Equipment, Vehicles, Trailers & Tools at Absolute Auction ~ 
EVERYTHING IS SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION:  4.44+/- Prime Commercial Fenced Acres, w/Frontage Along US HWY 65 inside the City Limits of Damascus w/All City Utilities, Containing a 2,340+/- SF Office Building Consisting of (5) Offices, Conference Room, Reception Lobby, Break Room & Restrooms; Built in 2004 w/Paved Parking Lot ~ (2) 3,000+/- SF Metal Shop Buildings on Reinforced Concrete Slabs w/Overhead Doors Built in 2004 & 2015, Plus a Covered Equipment Canopy ~ Selling Regardless of Price to the Highest Bidder on Auction Day!

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PERSONAL PROPERTY DESCRIPTION:  Personal Property Catalog  Well-Maintained Construction Equipment Including (4) John Deere Backhoes, Skytracks, 45 Ft. Boom Lift, (2) Bobcats, (5) Scissor Lifts, JCB Forklift & (2) Genie Lifts ~ 2017 Ford F-150 Crew Cab w/42K Miles ~ 2006 International Dump Truck ~ 2007 Dodge 3500 SLT Flatbed Diesel Crew Cab ~ Several Trailers of All Types & Sizes Including (5) Office Trailers, (8) Enclosed Cargo Trailers, (5) Flatbed Trailers, (3) Gooseneck Trailers, Cattle Trailers, Utility Trailers, Fuel Trailers, Semi Truck Trailers, Large Generators on Trailers ~ Farming Equipment Including John Deere 6430 Tractor, 12 Ft. Disc, 10 Ft. Bush Hog, Hay Bailer, Hay Cutter, Hay Tetter, Hay Rake, (2) John Deere Mowers, 2015 Kubota RTV 1140 CPX 4x4 Diesel w/ 150 Hrs. ~ Welders, Concrete Saws & Finishing Equipment, Scaffolding, Fencing, Metal Brakes, New Lenox HVAC Units, Ladders, Ice Machine, Tool Boxes, Air Compressors, Portable Generators, Pressure Washers, Shop Heaters & Fans, Nail Guns, Miter Saws, Surveying Equipment, Fire Extinguishers, Shop Vacs, Wheel Barrows, Table Saws, Job Boxes, Yard Tools, Caulking & Painting Supplies, Metal Door Frames, Commercial Door Hardware, Submersible Pumps, Electrical Supplies, Tons of Dewalt Power Tools of All Types & Descriptions, Hard Hats, Hand Tools, Office Furniture & Supplies, I-Beams, Scrap Iron, Steel Cable, Screws, Bolts & Fasteners of All Types & Much More! Personal Property Catalog ~ REMEMBER, EVERYTHING INCLUDING THE REAL ESTATE IS SELLING REGARDLESS OF PRICE!

TERMS ON REAL ESTATE:  $25,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

TERMS ON PERSONAL PROPERTY:
 Cash, Check & All Major Credit Cards Accepted ~ 10% Buyer’s Premium.  Personal Property Catalog

SPECIAL INSPECTION:  Real Estate & Personal Property can be Viewed on Tuesday October 23rd thru Friday October 26th between 9:00 a.m. & 4:00 p.m. (Please Check-in at the Dayco Office) or Contact Agents, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com or Chuck Dicus at 501-920-7511/ chuck@wilsonauctioneers.com to View the Real Estate Today! ~ Doors Open & Auctioneers will be On-site at 8:30 a.m. on Auction Day.

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Aerial

Legal

Property Information Packet

Personal Property Catalog

DIRECTIONS:  Property is Located Along US HWY 65 on the North End of Damascus City Limits ~ Watch for Property & Auction Sign on the West Side of the HWY.

Auction Location

Terms

TERMS AND CONDITIONS:  $25,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

CLOSING COMPANY:  Cannaday Abstract & Tilte Company ~ Closing Agent: Valerie Holcomb ~ 232 Griggs Street, Clinton, Arkansas 72031 ~ (501) 745-2115 ~ Fax/ 745-6232.

REAL ESTATE TAXES FOR YEAR 2017:  $2,934.00


TERMS OF AUCTION

Personal Property Catalog

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Documents

Document 1