Live Auction
R & R Farms Partnership
Court Ordered Auction
6346 Garriques Rd.
Louisville, MS 39339
Thursday, February 26, 2015
@ 10:00 AM
Lake Tiak-O'Khata Hall
Louisville, MS 39339
Property Features:
340 Acres Divided Into 6 Tracts
(2) 10,000 Capacity Layer Operation
12 Unit Mobile Home Park
Cropland Acreage
Recreational Acreage
Well Balanced Income Producing Entity
April 2014 Update to the (2) 10,000 Capacity Layer Houses Per The Durham Company
New Valco Pax Nest Systems
Replaced (2) 14 Ton Bins
Installed (2) Double Belt Nest Systems
Replaced 28 Pieces of Cool Cell Pipe, with Couplings and End Caps
Replaced (2) 2.76 Ton Bins
Replaced Boots and Cross fill Tubing for Feed Bins
Mr. Ray replaced the Wall Curtains with New Material , New Cables for Winching, New Cables for the Feed Lines and Troughs.
Parcel Division
Parcel 1: 30 Acres+/- to include a (2) 10,000 capacity layer house
Parcel 2: 105 Acres+/- mostly cultivation and 1 mobile home
Parcel 3: 6 Acres+/- to include (3) mobile homes
Parcel 4: 11 acres+/- frontage on Garriques Road
Parcel 5: 20 Acres+/- 8 mobile homes and vacant pads
Parcel 6: 168 Acres+/- recreational land, additional easement provided
10% buyer's premium<br>
<br>
10% Escrow deposit on contract price (hammer bid <br>
<br>
Complete closing within 30-45 days<br>
<br>
Real Property Selling AS-IS<br>
<br>
Seller to convey marketable title and is responsible for deed preparation<br>
<br>
Prior taxes to be paid by seller<br>
<br>
Current years taxes to be prorated<br>
<br>
All other closing costs responsibility of purchaser<br>
<br>
Announcements made day of auction take precedence<br>
<br>
All financial arrangements must be made prior to registration<br>
<br>
Buyers must submit to Taylor Auction & Realty, Inc. a letter of credit confirming you have the funds available to close your real estate transaction.<br>
<br>
This document must be submitted prior to your confirmation as a approved bidder.
<br>
10% Escrow deposit on contract price (hammer bid <br>
<br>
Complete closing within 30-45 days<br>
<br>
Real Property Selling AS-IS<br>
<br>
Seller to convey marketable title and is responsible for deed preparation<br>
<br>
Prior taxes to be paid by seller<br>
<br>
Current years taxes to be prorated<br>
<br>
All other closing costs responsibility of purchaser<br>
<br>
Announcements made day of auction take precedence<br>
<br>
All financial arrangements must be made prior to registration<br>
<br>
Buyers must submit to Taylor Auction & Realty, Inc. a letter of credit confirming you have the funds available to close your real estate transaction.<br>
<br>
This document must be submitted prior to your confirmation as a approved bidder.