NOWATA, Okla., Sept. 18, 2013 (GLOBE NEWSWIRE) -- AmeriBid LLC (www.ameribid.com) announces the absolute auction of a home and 80+/- acres that will sell in eight tracts. "This is a fantastic opportunity. A buyer can buy a single tract, combination of tracts or all the tracts in what is known as a 'multi-par' auction," explains Whitey Mason, Regional Director, Auctioneer and Broker for AmeriBid. The auction will take place on Tuesday, October 15th, 2013 at 6:30pm CDT at the Nowata County Library at 224 S. Pine in Nowata.
The 80+/- acre property runs half of a mile east and west and is a quarter of a mile deep. It will be split into eight (8) 10+/- acre tracts. The corner tract features a 1,786+/- sf brick home with a hipped roof, 3 bedrooms, 1.5 baths and a converted garage. The oven and water heater were replaced in the fall of 2009. New thermopane windows and a new furnace were installed in the fall of 2011. This tract also features 2 outbuildings; a single car garage and a shed/open stall. The 80+/- acre property also features a barn, two ponds, hay pasture and good fencing and is conveniently located just 1 mile north of downtown Nowata and 1 mile east of Hwy 169. Both Rd 21 and Rd 413 are paved and maintained by the county. A future possibility is the expansion for a bypass around downtown Nowata 600' south of Rd 21.
"Land is something that isn't being reproduced and is always a good investment," elaborates John Pellow, Vice President. "The property will sell absolute, which means it sells regardless of price. This is an auction that is not to be missed."
10% Buyers Premium applies. 2% Broker participation is offered, subject to Auction Company Broker Registration Form and guidelines therein. Property inspections times can be found on our website. To receive more details and complete terms, please visit www.ameribid.com or contact John Pellow directly at 918.697.5237 (johnpellow@ameribid.com).
About AmeriBid
Headquartered in Tulsa, OK, AmeriBid is the premier global real estate auction leader specializing in the sale of commercial and residential real estate, land properties and other assets for lenders, servicers, receivers, bankruptcy attorneys, estates, private owners, investment companies and local, state and federal government agencies. To be notified of future auctions, sign up for email alerts here.
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