120+/- Acres Montrose County, CO

120+/- Acres Montrose County, Colorado

Selling On Our

UNRESERVED ONLINE AUCTION

October 13, 2022

Bidding opens September 29, 2022, and ends October 13, 2022, at 10:00 a.m. MDT

This property consists of 120 acres with104.3 shares of UVWUVA water. Two Butler granaries, a small shed, and corrals. There is domestic power and water available to the property. There is a tenant with a lease until February 28, 2024, and he owns the gated pipe. The mobile home will be removed prior to closing. Make plans to add this beautiful farm to your operation.

 The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. The real estate agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting & Auction:

Hampton Inn Montrose

1980 N Townsend Ave.

Montrose, CO81401

BigIron Realty Agents will be at the Hampton Inn Montrose in Montrose, CO, on Thursday, October 13, 2022, from 9:00 a.m. until the conclusion of the online auction. BigIron Representatives will be there to assist Buyers with registering to bid online. Please come during this time to discuss the ranch. You do not have to be present to bid online but are required to be available by phone.

BIDDING PROCESS: You may place bids on this farm for 14 days beginning September 29, 2022, and ending October 13, 2022, at 10:00 a.m. MDT. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

Legal Description: S ½ N ½ NE¼, N ½ N ½ S ½ NE ¼, and the S 60 Ac in the S ½ NE ¼ Section 35-51-11 Montrose County, CO, containing 120+/- acres.

2021 Taxes:  $1,887.92

Land Location: On Hwy 50 at Olathe, turn west onto 348 to County Road 5500 and go 1.5miles north until you see yellow signs.

Owner:  Hovis Ranch

For more information, contact the listing agent: 

Steve Schmalz 970-234-1987

Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to be payable to the closing company. The earnest deposit can be made by a personal check, company check, or wire transfer. The balance will be due at closing on or before November 14, 2022. Possession will be on February 28, 2024. The Seller will provide marketable title to the Buyer evidenced by title insurance; the title insurance and closing costs are split 50/50 between the Buyer and Seller. The 2022 real estate taxes will be prorated to the day of closing. The property will not be sold subject to financing. Bidding increments may be changed at the discretion of the real estate agent. Please have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the Seller.