406-485-2548 info@r-kauction.com

Park Plaza Motel Real Estate Auction (4.28.18)

PARK PLAZA MOTEL REAL ESTATE AUCTION

TO BE SOLD IN (3) THREE PARCELS

SATURDAY, APRIL 28, 2018  2:00 P.M.

LOCATION:  SIDNEY, MT 601 SOUTH CENTRAL AVE.

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LEGAL DESCRIPTION:  PARCEL I & II HAVE IDEAL HIGHWAY/CENTRAL AVE FRONTAGE

PARCEL I  — SOUTH PARK ADD (SIDNEY), S33, T23,N, R59E, BLOCK 00A, Lot 001 MAIN MOTEL W/OFFICE AND (20) UNITS w/many remodeled

PARCEL II – SOUTH PARK ADD (SIDNEY), S33, T23N, R59 E, BLOCK 001, Lot 019, LOT-19 A AND N, 5 FT LT-19 BLK-1 SO PARK ADD (10) APARTMENTS W/FURNISHINGS (ALL ARE PRESENTLY RENTED AT TIME OF PRINTING)

PARCEL III —  KENOYER ADD (SIDNEY), S33, T23 N, R59 E, BLOCK 054, Lot 013, W 20’LT 13 ALL LT 14 BLK-54 SID K (20) ROOMS (This could easily be made into office spaces).

OWNERS:   Ernie Clifton who lives in Sidney, MT will offer the following property to the public at auction.  The final bid will be subject to his approval.  The Owner reserve the right to accept or reject any and all bids.

A title commitment has been ordered and will be available, at their request, to prospective buyers for inspection prior to sale day.  The above may or may not be the proper legal description; it was taken from the Richland County tax receipts.  The above does describe the property to be sold.

 

Mineral Rights:  No mineral rights transfer.

Water Rights:  All water rights held will transfer.

Taxes:  Taxes will be pro-rated from the day of closing.

Title Insurance:  Standard owners’ title insurance will be provided by the seller through Richland County Title, 1050 S Central, Sidney, MT 406-433-8584

Terms:  Cash.  10% down sale day, the balance due at closing approximately 30 days from the Auction at the offices of Richland County Title, 1050 S Central, Sidney, MT 406-433-8584

Buyers Premium:  A 2 % Buyers premium will be added to the winning bid price to arrive at the total contract price paid by the purchaser.

Your bid is considered acceptance of the terms of this auction.  If you, the Buyer fails to close, the down payment is non-refundable.  If the Sellers fail to close, 100% of the down payment will be returned.  At this time, there is no known reason that the Sellers would not be able to close.  All funds are held in the escrow account of Richland County Title, 1050 S Central, Sidney, MT 406-433-8584

All information is from sources deemed reliable but is not guaranteed by the Sellers or the Auctioneers.  Offering is subject to error, omission, and approval of purchase by owner.  We urge independent verification of each and every item submitted to the satisfaction of any prospective buyer.

It is every potential bidder/purchaser’s sole responsibility to accomplish his or her due diligence in whatever manner he or she deems advisable.

Announcements made sale day take precedence over any printed materials.  The property sells “As Is-Where Is.”

RK Statewide Auction Service and its auctioneers are acting solely as auctioneers for the seller.

 

For more information & showings contact

Rick Kniepkamp (406) 485-2548 or (406) 939-1632 cell

RK Statewide Auction Service 3489 Hwy 200 S Lindsay, MT  59339

www.r-kauction.com

Rick Kniepkamp
Rick Kniepkamp RK Statewide Auction Service
This Motel and Apartments are a great income investment property with main highway frontage! Parcel III could easily be used for business offices. Don’t miss this great investment opportunity! Sale will be held at the property. Hope to see you on Saturday, April 28th!