8/24/16 Auction: 65 Acres of Cropland and Minerals
36.550068,-97.347856 E Keowee Rd Billings OK 74630 United States
Auction Location: onsite 5 miles east of Billings on Hwy 15 then go 1 mile North on CR 70 then turn back east 1/2 mile. Or 1/2 mile west of the I-35 Billings exit, then go 1 north and 1/2 mile east.
This Farm consists of 65± acres of crop land. It lies right off I-35 and just 1 ½ miles from the Billings exit. It has rock roads leading to the property with maintained terraces. The minerals are producing and will sell with the surface rights.
Legal Description: E/2 NW/4 19-24N-1W Noble Co. Oklahoma
Possession: will be after the harvest of the 2017 wheat crop. Farm is currently in a cash rent of $2,000 that will transfer at closing to the new buyer.
Minerals: Will sell with the surface Rights (production reports will be available online)
Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All financing must be in place prior to bidding. All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding on the property. Any announcements made the day of the auction supersede all advertising.
AUCTIONEERS NOTE: coming/along with mineral info
SELLER: MICHAEL DALE BRUTON
Oklahoma Timber Land Investment Property - skb
Location: Southern Latimer County, OK
Roads: The property is accessed by very well maintained oil & gas production companies right of ways.
Timber tonage is approximately 36% pine and 64% hardwoods
This is an annual cash flow property
Call Sandy Bahe 918-470-4710
Southern Latimer County
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CLOSEST TOWN: McAlester, Oklahoma
ACCESS: Paved County Road
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Auction Location: 9055 E. Hwy 270 McAlester, OK. 74501 United States
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