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Auction Details: The Moore Ranch Auction will be conducted in-person and online on Wednesday, January 22nd, 2025, at 10:00 AM Central Time. Auction Venue Location: Western Technology Center 1000 S. Bailey Street Hobart, OK 73651 Online Bidding Link: A Proxibid link for online bidding will be provided soon. Please check back for updates. Property Description: This auction features 161 +/- taxable acres of premier ranching and hunting land located approximately 8 +/- miles west of Roosevelt, Oklahoma, in Section 8, Township 4 North, Range 18 West, and part of Section 7, Township 4 North, Range 18 West, Kiowa County, Oklahoma. This property offers exceptional potential for agricultural, recreational, and investment purposes. Key Features: Pasture Acreage: Ideal for ranching or grazing livestock. Elk Creek: Running through the center of the property, it provides excellent hunting and fishing opportunities. Recreational Potential: Abundant wildlife and game species, including Whitetail Deer, Turkey, Elk, Waterfowl, Hogs, Quail, Dove, and Small Game. Grain Bin Storage: On-site storage offers added functionality for agricultural operations. Prime Location: At the corner of County Road E1500 and County Road N2160, Roosevelt, OK. The property is just 16 +/- miles south of Hobart. For the full legal description, refer to Document 1 (link provided below). Seller and Auction Information: Seller: Kirk Patrick Moore Auctioneer: Brad Sosebee Managing Broker: Andrew Schultz Primary Contacts: Will Bellis and Hunter Bellis. Method & Terms of Sale: The Moore Ranch will be sold on a price-per-acre basis based on taxable acres. This is an absolute auction, meaning the property will sell without reserve. Individual Tract Bidding: Buyers will have the opportunity to bid on individual tracts. Combination Sale Opportunity: After individual tract bidding concludes, the tracts will be recombined, giving buyers a chance to purchase the property as a whole. To secure the property as a whole, the recombined bid must exceed the sum of all individual bids. Buyers' Choice Format: The highest bidder in each round selects their preferred tract (or combination of tracts). Remaining tracts will then be auctioned in the same manner until all tracts are sold. Purchase Terms: Down Payment: A non-refundable deposit of 10% of the purchase price is required immediately following the auction. This will be held in escrow until closing. Closing Date: The balance of the purchase price is due on or before Monday, February 24th, 2025. Title Insurance: The seller will provide title insurance for the full purchase price. Taxes: The seller will pay all 2024 real estate taxes due and payable in 2025 through a credit at closing. 2025 taxes will be prorated to the date of closing. Additional Information: There are no farm or hunting leases for 2025 on the property being sold. Bidding is NOT subject to contingencies, including but not limited to financing, appraisal, or property inspection. Buyers must complete their due diligence prior to auction day. Requirements for On-site Bidders: Valid government-issued ID. Proof of funds or pre-approval letter. Online Bidding Requirements: Winning bidders will be contacted immediately after the auction to arrange the 10% down payment. A purchase contract will be sent electronically for e-signature. Disclaimers: All announcements made on sale day take precedence over any prior written or verbal advertisements. While the information provided in brochures, advertisements, and online listings is believed to be accurate, no liability is assumed for errors, omissions, or inaccuracies. All maps, photographs, and videos are approximate and should be verified by buyers. There are no expressed or implied warranties from the seller, auctioneer, Real Estate Brokerage and its affiliates. Property Sold "AS IS": This property is being sold "AS IS," with no guarantees regarding its condition. |
