Auction Details

Auction Dates

Oct 23 , 2017

Description

Commercial Real Estate AUCTION
MONDAY OCTOBER 23
11:00 a.m.
1219 Fort St, Barling, AR
Directions: HWY 22/Fort St in Barling
 
Excellent and like new oil change business in great location. This 30x42 metal building has 2-service bays with 4 roll-up doors, 16x16 pit, heated & cooled office/waiting room w/bathroom & large parking lot. Fully stocked and ready to re-open.
Exceptional location for any business!

 10% Buyer’s Premium. Please click on 'terms' tab for complete list of terms. 

Must See!
Note: Our owner is retiring and moving and must sell this wonderful property. Don’t miss this excellent opportunity - you won’t find a better location!

All Announcements Day of Sale Supersede This Ad

Terms & Conditions

Looper Auction & Realty II, LLC

4525 Palestine Road

Huntington AR 72940

(479) 996-4848

Terms

Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.

Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due in approx. 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. Possession will be upon closing with filing of deed. 10% earnest money will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.

Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.

***Example – High bid is $500,000

$500,000 plus $50,000 = $550,000

10% non-refundable deposit = $55,000

All information given orally or in writing was derived from sources believed to be correct, but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgement and inspection of the property and records.

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Looper Auction & Realty
Jimmy Looper
AR License #35
4430 Nickletown Road
Greenwood, AR 72936
(479) 996-4401

Looper Auction & Realty
Shawn Looper
AR License #36
4525 Palestine Road
Huntington, AR 72940
(479) 996-4848