Commercial Property with Contents in Clayton, NM

Formerly Leased to Elks Lodge Clayton, NM, Selling with Tables, Chairs, Bar, Set-Ups, Kitchen Appliances, Decor and More

Opening Bid 25,000

Live Onsite Auction with Online Bidding

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SELLING FOR:
Jane Austin

Opening Bid

$25,000

PROPERTY ADDRESS:
21 Poplar, Clayton, NM 88415

LEGAL DESCRIPTION:
0.823 Acre Tract of Land Bounded on the South by the Northerly R-O-W Line of Poplar Street, on the East by the Westerly R-O-W Line of US Hiway 87/64 and on the West by a 1.067 Acre Tract Owned by Michael R. and Lisa M. Blan as Recorded in Book 26, Page 333 in The Town of Clayton, Union County, New Mexio,This Tract being Described by Metes and Bounds in Exhibit "A"

AUCTION TIME & DATE:
1 PM Mountain Time Friday August 10th, 2018

PREVIEW TIMES & DATES:
1 pm to 4 pm Mountain Time on Wednesday, August 1st

Meet an Assiter Representative at the Auction Property

TYPE OF AUCTION:
Live Onsite Auction with Online Absentee Bidding and Live Online Simulcast Bidding

AUCTION LOCATION:
Auction will take place on site at 21 Poplar, Clayton, NM 88415

DIRECTIONS:
Last Building on the South Side of Hwy 87 Leaving West out of Clayton NM

BUYERS PREMIUM:
10% Live Onsite Bidding, Online Absentee Bidding or Live Online Simulcast Bidding
A Buyers Premium will be charged on each purchase. A buyer’s premium, an advertised percentage of the high bid will be added to the high bid and become part of the purchase amount at settlement.

TERMS:
An Earnest Money Deposit of 5% of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing.
This auction is NOT subject to financing, inspection or appraisal but is subject to owner confirmation. Personal Property Contents is included in the auction. 

CLOSING DATE:
Closing is on or before Monday, September 17th. 45 days from the date of the auction.

ONLINE BIDDER CONTRACTS:
Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.

DISCLAIMER:
All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidders to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being sold "AS IS" with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. 

AGENCY DISCLOSURE:
In all transactions, Assiter & Associates, LLC and Tommy R. Assiter II is acting as agent for the seller, not as buyer's agent.

ADDITIONAL AUCTION TERMS:
Assiter Auctioneers reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. All items are subject to prior sale or removal from the auction.

CONTACT:
Assiter Auctioneers 806.655.3900
Toll Free 800.283.8005
Spanky Assiter 806.681.9211

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