Auction Details

Auction Dates

Jul 23 , 2019


Including Commercial Real Estate
TUESDAY JULY 23 - 10:00 a.m.
10 W Sherwood Ave, Fort Smith (Bonanza), AR

Directions: Just South of Fort Smith on HWY 45 at Bonanza turn West on W Sherwood Ave go ½ mile.

Over 14,000 sf commercial building. This metal, brick & block building has 5 offices, 3 bathrooms, break room, concrete floor, 3 roll-up doors, lots of warehouse space & more on corner lot. Great investment opportunity for any business!

 10% Buyer’s Premium on real estate only. Please click on 'terms' tab for complete list of terms.  Real Estate sells at 10 am

Personal Property
Lifts:  Toyota 5,000 lb Propane Forklift w/Side Shaft - Yale 3,500 lb Upright Electric Forklift

Shop, Shelving, etc:  Alum Compactor - 350'+ Pallet Racking - Alum Dock Plates - Semi Trailer Stand - Rolling Stairs - Hydraulic Press - 100+ Metal Sorting Tubs - 250+ Metal Barrels - Roll Around Dumpster Cart - Metal Baskets & Bins - (2) Roll Around Computer Stands - (2) Antique Outboard Motors

Expect More!
Note: This large warehouse is full of shelving, metal bins & more & the lifts are nice. Expect more than this listing. Lots of possibilities for this commercial building in great 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
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 (if needed), 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. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit 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, judgment and inspection of the property and records

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Looper Auction & Realty II, LLC
Jimmy Looper
AR License #35
4430 Nickletown Road
Greenwood, AR 72936
(479) 996-4848



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