ATTENTION: COMMERCIAL REAL ESTATE INVESTORS & DEVELOPERS!
(3) Income Producing Properties & 58+/- Wooded Acres of Development Land Offered in 5 Tracts ~
67.24+/- Acres w/ 1,200+/- Ft. of HWY 124 Frontage in Quitman ~ Live, Online Bidding Available ~
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!
AUCTION LOCATION: (Robbins Sanford Event Center) 118 N. Spring Street ~ Searcy, AR
PROPERTY ADDRESS: Highway 124 & Truman Reynolds Road ~ Quitman, AR
DIRECTIONS TO AUCTION LOCATION: From U.S. HWY 67/ 167 (Exit 45) in Searcy, head West on Beebe Capps Expressway for 2 Mi. ~ Turn Right onto Main Street & go 0.4 Mi. ~ Turn Left onto Market Avenue & Watch for Robbins Sanford Grand Hall on the Left.
DIRECTIONS TO TRUMAN REYNOLDS RD: From Quitman, Travel 1.2 Miles West on HWY 124 & Watch for Auction Sign & Property on the Left.
REAL ESTATE DESCRIPTION: This 67.24+/- Acres w/ 1,200+/- Ft. of HWY 124 Frontage just West of Quitman Containing (3) Metal Buildings (All Currently Leased for a Total Monthly Income of Approx. $10,000.00) Will be Offered in (5) Individual Tracts & Combinations Along Truman Reynolds Rd. ~ (TRACT 1 ~ 20 Truman Reynolds Rd.) 3+/- Acre Fenced, Compacted Gravel Lot Containing a 5,000+/- SF Metal Building Built in 2012, w/ 18 Ft. Sidewalls, Overhead Doors, Office Space, Heavy-duty Electric & Additional 1,000+/- SF Lean-to Shed (Currently Rented for $4,000/Mo.) ~ (TRACT 2 ~ 30 Truman Reynolds Rd.) 3.56+/- Acre Fenced, Compacted Gravel Lot Containing a 5,000+/- SF Metal Building Built in 2012, w/High Sidewalls & Overhead Doors (Currently Rented for $2,000/Mo.) ~ (TRACT 3 ~ 40 Truman Reynolds Rd.) 3+/- Fenced Acres Containing a 5,000+/- SF Metal Building Built in 2012, w/16 Ft. Sidewalls, Overhead Doors, Heavy-duty Electric & Additional Attached 3,560+/- SF Warehouse Built in 2014 (Currently Rented for $3,800/Mo.) ~ (TRACT 4) 17.18+/- Mostly Wooded Acres, Partially Cleared Along the 670+/- Ft. of HWY 124 Frontage w/ 1/4 Mile Frontage Along Truman Reynolds Rd. ~ (TRACT 5) 40.5+/- Wooded Acres w/Access from & Frontage Along Truman Reynolds Rd. ~ City Water & Electricity to the Property ~ Offers Made Prior to Auction Day Are Welcome ~ Remember, this Prime Income Producing & Development Property will be Sold Regardless of Price to the Highest Bidder on Auction Day!
AUCTIONEER’S NOTE: If you are looking for a prime location to place your business or an excellent investment with plenty of monthly income, you have found it! Don’t miss this opportunity!
TERMS ON REAL ESTATE: (TRACTS 1, 2 or 3) $15,000.00 (Each) ~ (TRACTS 4 or 5) $7,500.00 (Each) All in the Form of a Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Title Insurance with Warranty Deed Provided at Closing ~ Closing within 30 Days ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome!
INSPECTION: Drive by Anytime or Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to Schedule an Appointment to View the Buildings ~ Registration will begin at 10:00 a.m. in the Grand Hall of the Robbins Sanford Event Center Day of Auction.
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