Lot # 1

AIRPLANE HANGER #2 WOODRING MUNICIPAL AIRPORT

This airport hanger consists of approximately 10,000 sq ft of hanger space (approximately 120.5’ x 100’). This steel frame hanger consists of approximately 2,127 sq ft of office, parts room, and lobby area on the main floor and approximately 2,000 sq ft of offices, and training area on the second floor, the balance is all open hanger space. The building has good insulation, heated floors (needs new pump), 3-20’ metal frame doors on rollers allowing 60’ opening. The office spaces had good heating and air conditioning with several of the upstairs office being remodeled in the last few years. This hanger was constructed approximately 25 years ago, but has received good maintenance during its lifetime! There is a 2000 gallon underground fuel tank with one pump (installed in 1999). For an appointment to view the hanger contact Troy Lippard (580) 237-7174 Title Interest: The buyer will be purchasing hanger #2, certain personal property and a leasehold interest in and to this property for the remaining Twenty-seven (27) year lease dated June 2008 with the City of Enid. (Call Auction Company for lease agreements, list of personal property, survey, etc .) Title will convey by Bill of Sale. Legal Description: Known as Lot Two (2) or Hanger # 2 Woodring Municipal Airport in Northeast Quarter (NE/4) of Section Thirteen (13), Township Twenty-two (22) North, Range Six (6) W.I.M. Garfield County, Oklahoma. Possession: will be given at closing. Terms/Closing: 10% of the total purchase is to be placed in escrow the day of the auction with the balance being due 10 days from date of auction with the execution of the Bill of Sale. All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding on the property. Any announcements made the day of the auction supersede all advertising.