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ABSOLUTE REAL ESTATE AUCTION

Live Auction on May 5th at 1:00 PM

To be held at the Phelps County Ag Society
Seller: Southern Public Power District

Contact: David Steinbrink (308) 991-6869 – Salesperson
or Adam Marshall (308) 455-4410 – Broker

Open House April 8th & April 22nd. For a private showing, contact David Steinbrink.

Selling in 2 Parcels

 

Parcel 1

Address: 1605 East Highway 6, Holdrege, NE 68949

Selling at absolute auction is Southern Power Public District’s Holdrege Facility and Lot. An excellent location and frontage on the east side of Holdrege on Highway 6/34. This property is estimated at 1.65 acres (TBD by Assessor) and features a fenced lot with rock and concrete. There are two buildings on the property.

The south building features office and insulated/heated shop space. It has a reception area, two offices, two restrooms, and storage. In the shop area, there is concrete floor, two overhead doors with electric openers, and overhead gas radiant heater.

Shop area measures 40×56’ on the lower level. Upper level dock is 40×16’.
Overhead doors: 12×13’ and 8’4”x9’
Built in 1961

The north building was built in 1997 and is a Chief building with steel frame.  It measures 40×75’ with 16ft. side walls. It is fully insulated and has concrete floors. There are three overhead doors with electric openers. It has an  overhead radiant gas heater and lighting.

The lot is completely fenced with 6 foot high chain link fence and has 2 large sliding gates. The lot is covered with rock and concrete.

Utilities: City Water & Kinder Morgan Gas

 

 

Parcel 2

This lot is located south of the railroad tracks on with paved access on East 4th Avenue in Northeast part of Holdrege.  It is estimated at 1.9 acres. The lot is completely fenced with 6 foot high chain link fence and has 2 large sliding gates. The lot is covered with rock and concrete. It has concrete forms in the middle and east part of the lot that are built to hold power poles.

This property would be excellent for outdoor storage rental among other uses.

 

 

Auction Terms

Registration For Auction: All bidders must register for a bidder number to bid in the auction.
Method of Sale: The property will offered as two units at live absolute auction.
Title: Seller & buyer split the cost of title insurance costs and escrow closing costs. Title insurance will be used to evidence clear title to the buyer.
Real Estate Taxes: According to the Phelps County Assessor, there is no current tax information. Also there will be no taxes charged for all of the 2020 year. Taxes will start to accrue in 2021 for the buyer
Earnest Deposit: Buyer shall be required to pay a nonrefundable Earnest Deposit immediately following auction with the signing of an Adam Marshall Auctioneers & Land Brokers, LLC purchase agreement. Parcel 1 in an amount of $50,000. Parcel 2 in the amount of $20,000.
Closing: Cash or Certified Funds due upon closing which is to be on or before June 9th, 2020 or sooner. Buyer will have full possession upon closing.
Condition: The property will be sold in as-is condition with no warranties expressed or implied.
Financing: The sale of the property is not contingent upon financing. All prospective bidders will need to make arrangements prior to the auction if they require financing.
Agency: All representatives of Adam Marshall Auctioneers & Land Brokers, LLC are acting as agents of the Sellers.

 

Details

Date:
May 5
Auctions Category:
Auctions Tags:
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Location

Phelps County Agricultural
1308 2nd St
Holdrege, NE 68949 United States

Auctioneer

Adam Marshall
Phone:
308-455-4410