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SPORTSMAN MOTEL REAL ESTATE AUCTION, LINCOLN, MT

Wednesday, June 17, 2009  |  1:30 PM Mountain
Auction closed.
Internet Premium: 2%
See Special Terms for additional fees
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WEDNESDAY, JUNE 17TH, 1:30 P. M. MDT, 9 UNIT CLEAN MOTEL LOCATED IN SCENIC LINCOLN, MT OPEN HOUSE, SATURDAY, MAY 30TH, 1 - 4 P. M. TO VIEW: CALL THE AUCTIONEERS @ 406-538-5125 OR 406-366-0472
Information & Special Terms
Internet Premium: 2%
Participation Requirements: Valid Credit Card required for bidding approval
Payment Options: Visa, MasterCard, and Discover
  Visa    MasterCard    Discover  
Payment Instructions: SUCCESSFUL INTERNET BIDDER WILL BE REQUIRED TO DEPOSIT $10,000 NON-REFUNDABLE EARNEST MONEY WITH THE AUCTION COMPANY IMMEDIATELY FOLLOWING THE AUCTION. BALANCE DUE IN CASH ON IR BEFORE CLOSING DATE. SEE TERMS AND CONDITIONS.
Currency Type: USD
Shipping Instructions: Wire earnest money to Auction Company Trust account immediately following the auction.
Preview Date & Times: By appointement with the auctioneers: 406-538-5125
Checkout Date & Times: Wire earnest money to Auction Company Trust account immediately following the auction.
Location: 418 MAIN STREET, LINCOLN, MT
Driving Directions: 418 Main Street, Lincoln, MT (77 miles east of Missoula, MT or 89 miles west of Great Falls, MT on Hwy. 200.
Special Terms
TERMS & CONDITIONS: Cash to seller at closing. EARNEST MONEY: Earnest money, in the amount of $10,000, must be wired to the auction companys trust account immediately following the auction. CONTINGENCIES: This property sells without contingencies. Prospective buyers must have financial arrangements made prior to bidding. TITLE INSURANCE: Sellers to provide the Buyer with Title Insurance. TAXES: $3,962.61 per year, prorated to the date of closing CLOSING FEE: Sellers and Buyers will share equally the closing agent closing fee, not to exceed $150 per party. CLOSING: On or before July 11th, 2009 AGENCY: The Auctioneers are working solely as the agents for the Sellers. POSSESSION AT CLOSING SELLERS RESERVE THE RIGHT TO APPROVE OF THE FINAL BID. VIEWING: By appointment with the Auctioneers, Jayson Shobe @ 406-538-5125 or Kyle Shobe, 406-366-0472 OPEN HOUSE: Saturday, May 30th, 1 – 4 p. m.
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SPORTSMAN MOTEL REAL ESTATE AUCTION, LINCOLN, MT

Lot # 1 (Sale Order: 1 of 1)

General Motel Description: 9 units, each room measures 20’ x 20’ Each room has its own wood fireplace and gas wall heater. Water source: Private well; City sewer ...more Brick structure; metal roofing Utililties: Average $1500 per month, includes motel and managers quarters usage Motel occupancy for the last 5 years has ranged from 48% to 55%. Financial records will be provided to serious and qualified prospective buyers. Lot size: 28,482 square feet Many updates and improvements since 2004. Manager’s Quarters: 2 bedrooms and 2 full baths. Efficiency apartment on the upper level was new in 2001. Water: water well Septic: City sewer system Attached 2 car garage, Exterior walls: Brick and masonite TERMS & CONDITIONS: Cash to seller at closing. EARNEST MONEY: Earnest money, in the amount of $10,000, in the form of cash or check, due and payable immediately following the auction. Earnest money is non-refundable. Successful internet bidder must wire the earnest money to auction company’s trust account within 24 hours. CONTINGENCIES: This property sells without contingencies. Prospective buyers must have financial arrangements made prior to bidding. TITLE INSURANCE: Sellers to provide the Buyer with Title Insurance. TAXES: $3,962.61 per year, prorated to the date of closing CLOSING FEE: Sellers and Buyers will share equally the closing agent closing fee, not to exceed $150 per party. CLOSING: On or before July 11th, 2009 AGENCY: The Auctioneers are working solely as the agents for the Sellers. POSSESSION AT CLOSING SELLERS RESERVE THE RIGHT TO APPROVE OF THE FINAL BID. VIEWING: By appointment with the Auctioneers, Jayson Shobe @ 406-538-5125 or Kyle Shobe, 406-366-0472

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