Bid Sale Template - Davis DuBose Knight Forestry & Real Estate PLLC
NOTICE OF TIMBERLAND SALE HOWARD & POLK COUNTIES BID County Line 160 – Totaling approximately 160 acres, more or less BIDS DUE: Thursday, May 18th, 2017, 2:00 PM Davis DuBose Knight Forestry & Real Estate PLLC has been authorized to sell approximately 160 acres of timberland located in Howard and Polk Counties, Arkansas. The property is being sold by sealed bid.
Legal Description
County Line 160 – The S ½ of SE ¼ of Section 36, Township 5 South, Range 31 West, Polk County, Arkansas, containing 80 acres, more or less. AND The S ½ of SW ¼ of Section 31, Township 5 South, Range 30 West, Howard County, Arkansas, containing 80 acres, more or less.
Tract Description
160 +/- acres of hunters’ paradise with over 1 mile of Opossum Creek running through the center of the property. Mature hardwood and pine timber. Hardwood is mostly oak saw timber. Excellent investment and recreational property with scenic views from the ridge top. DDKFRE foresters inventoried this property on a 4x5 chain grid using 10th acre plots. A detailed summary of our inventory can be seen in Exhibit A. County Line 160 Timber Volumes Product Tons Tons/Acre Pine Pulpwood 164 1 Pine Saw Timber 1,184 7.4 Oak Saw Timber 1,706 10.6 Misc. Hardwood Saw Timber 202 1.3 Hardwood Pulpwood 5,152 32.2 Totals 8,409 52.5
PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
Location Description The property is located approximately 7 miles southeast of Wickes, Arkansas. Travel east of Wickes on Hwy 278 to CR 5. Continue on CR 5, turn east on CR 252. Continue on CR 252 approximately 1 mile to drivable woods road leading to the property. Follow DDKFRE pink flagging to property. Seller is not aware of a legal access easement into the property. The neighbor has given permission to travel the road leading to the SW portion of the property. The gate combination is 8600.
Google maps and/or coordinates can be requested or downloaded from our website. The property will be marked with Davis DuBose Knight real estate signs and pink flagging tape.
Exhibit A County Line 160 - Sawtimber Stand Table
10 12 14 16 18 20 22 24 26 28 Total
Pine Sawtimber # Trees Total Tons 41 28 86 109 198 261 270 385 135 273 10 16 0 0 0 0 0 0 21 112 761 1184
Oak Sawtimber # Trees Total Tons 0 0 0 0 281 167 602 557 478 618 166 225 31 63 21 32 0 0 21 44 1600 1706
Misc. Hdw Sawtimber # Trees Total Tons 0 0 0 0 37 35 91 85 83 82 0 0 0 0 0 0 0 0 0 0 211 202
For additional information about this property, please visit our website at forestryrealestate.com
Davis DuBose Knight is a forestry and real estate company headquartered in Little Rock, Arkansas with offices in Monticello and Texarkana, Arkansas. For more information about our services or to view our listings visit www.forestryrealestate.com PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
General Information Regarding Terms and Conditions of Sale
1. Bids should be mailed to: DAVIS DUBOSE KNIGHT FORESTRY & REAL ESTATE PLLC PO BOX 24633 LITTLE ROCK, AR 72221 Mark the lower left corner of the envelope with “County Line 160 Bid Sale.” No verbal bids will be accepted. Bids may also be faxed to (501) 225-8607.
2. Bids will be received at the office of Davis DuBose Knight Forestry & Real Estate PLLC until 2:00 p.m. Thursday, May 18th, 2017. All bids received will be considered at that time. A submitted bid may not be withdrawn after the bid opening.
3. Bids must be submitted using the enclosed form. Only bids for a specific dollar amount will be accepted; no per acre bids. Neither the seller nor his agents makes any warranty as to number of acres, timber volumes, ingress/egress, or access to utilities. Prospective buyers are advised to verify information presented in this sale notice. Questions regarding this sale should be directed to licensed broker Ray Galloway (903) 824-7692.
4. Boundary lines represent what the current landowner has used as the traditional boundaries of the property and to the best of our knowledge are not under dispute with the adjacent landowners. 5. Seller is not obligated to furnish a survey. If buyer requires a survey, the cost will be the responsibility of the buyer. The attached maps should not be considered as survey plats.
6. Seller reserves the right to accept or reject any bid. The bidder will be advised if seller accepts his/her bid. The successful bidder will be obligated to execute an offer and acceptance contract, to be supplied by the seller, within 10 business days and at that time deposit 10% of the purchase price as earnest money.
7. A sample of the offer and acceptance contract can be provided in advance, upon request. This contract has produced numerous successful timberland closings and is the form the buyer should anticipate signing with minimum proposed changes. Any issues or exceptions relative to the contract should be attached and submitted with the bid form. The successful bidder will be expected to close within 30 days of bid closing.
8. Conveyance will be by special warranty deed. Seller shall furnish an owner’s policy of title insurance in the amount allocated to the property. If a mortgagee’s policy is required by the buyer’s lender, the aggregate cost of all title policies shall be borne one half (1/2) by seller and one half (1/2) by buyer. The buyer will be responsible for customary closing costs. Cash or cashiers check is required from buyer at closing. Seller will convey 50% of any minerals owned, without warranty. PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
BID FORM: County Line 160
BID DUE DATE: Thursday, May 18th, 2017 BIDS RECEIVED UNTIL 2:00 PM.
In reference to “COUNTY LINE 160” prepared by Davis DuBose Knight Forestry & Real Estate PLLC, I submit the following bid for the purchase of the following tract(s): County Line 160 160 acres, more or less Bid Amount:___________________________________ My bid is valid through 5:00 p.m. on the second business day following the bid opening. If my bid is accepted, I am willing to execute an Offer and Acceptance contract with earnest money in the amount of 10% of the purchase price within ten (10) business days after Seller’s acceptance. BIDDER NAME/COMPANY:
___
ADDRESS: CITY: PHONE #:
STATE:
ZIP:
FAX #:
EMAIL ADDRESS:_____________________________________________ BIDDER’S SIGNATURE:_________________________________Date:_________ The Seller and his agent make no guarantee as to timber volumes and/or total acreage, timber stand information, ingress/egress agreements, location of boundary lines, and utilities. It is suggested that Buyers make their own estimates on acreage, timber volumes, access, boundary lines, and utilities.
Bids should be mailed to: DAVIS DUBOSE KNIGHT FORESTRY & REAL ESTATE PLLC, PO BOX 24633, LITTLE ROCK, AR 72221. Please indicate in the lower left corner of the envelope COUNTY LINE 160 BID SALE. Bids may be faxed to (501) 225-8607 and must be received prior to 2:00 PM, Thursday, May 18th, 2017. Receipt of fax will be acknowledged by return phone or fax confirmation.
PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
County Line 160
160 Acres, more or less, Polk & Howard Counties, AR
T5S R 31 W Sec. 36
Access Road
T6S R 31 W Sec. 2
T5S R 30 W Sec. 31
T6S R 31 W Sec. 1
T6S R 30 W Sec. 6
Polk Road 252
T6S R 31 W Sec. 11
Polk Road
0
0.125
±
T6S R 31 W Sec. 12
T6S R 30 W Sec. 7
Legend
251
0.25 Miles
Phone: 1-888-695-8733 www.forestryrealestate.com
Drivable Interior Roads to Creek
920
Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus DS, Drivable Access (Pink Flagging) USDA, USGS, AEX, Getmapping, Aerogrid, IGN,Road IGP, swisstopo, and the GIS User Community This map and all information it contains is provided “AS IS,” as a courtesy to potential buyers. Potential buyers should make their own determination regarding the accuracy of the information provided. Neither the seller, Davis DuBose Knight Forestry & Real Estate PLLC (DDKFRE), their subsidiaries, affiliates nor representatives warrant the accuracy, adequacy or completeness of any information contained herein regarding the property, its condition, boundaries, access, acreage, or timber stand information. DDKFRE expressly disclaims liability for errors or omissions.
County Line 160
160 Acres, more or less, Polk & Howard Counties, AR
rth ur
1
Road
204
ad 5 Polk Ro
Fra ch
Polk
71
20 1
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Pol
Vanzant
4 Miles
Bella Mine
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51400
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Gillham Lake
52800 Weyco R d
48 3
10 00
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317
470
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Sartw
Lad d
315
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219
301
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313
226
County Ro ad 190
Miz e
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313
400
351
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980
018
705 51000
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316
Rough Guir e
705
485
Lo op
T Mineral ower
Ki ng
3
We yco R
ing
701
927
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County Road 243
Twi st
920
1
Baker
Polk Road 473
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Miller
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County
342
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Off
Phone: 1-888-695-8733 www.forestryrealestate.com
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2nd
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Silver Hill
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Polk
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Brett
Weyco Rd 52600
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Cedar Bluff
80 Thousand
d 49
Polk Road 10
Po lk
7
278
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2900
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Polk Road
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We ave r
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Polk Road 446
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Polk Road 242
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Polk Ro ad 446
oad
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Rd 8
31880
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La ce Polk Road 4
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Polk Road 249
High
Sha
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United State s Highway
Pol
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Aster
Weyco Rd 52060
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Wickes
Polk Road 7
oad 46
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Weyco Rd 52268
Weyco Rd 52930
Wey co
Polk Road 257
489 oad
Weyco Rd 5200 0
8
oad 60 5
W ey
8th
June
Polk Road 8
219
d 47
Weyco Rd 52263
Polk Road 735
Park
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Road
Roa
R Polk
50100
Po lk Polk
so n
oad 47 9
Polk
Wolf Den
State Highway 246
480
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Polk R
Polk Road 13 Polk Road 11
V U
48 4
Polk Road 263
Polk Road 261
Ro bin
246
Roa
R
Co
oa d
Weina
15
V U
27 2
Polk
18 oa d
Po lk R
Polk Rd 482
Ro ad
Ro ad
Polk R
Polk Road 636
Sq uir es
d 33
Road 4 02
9 d 63 Roa Polk
Polk Road 99
Polk Road
84
Polk R
Roa
Po lk
Weyco Rd 82800
Polk
Vandervoort sty Du
County
Lay
Hamilton
Anderson ad 96 ounty Ro e C g d ri B Ladd
This map and all information it contains is provided “AS IS,” as a courtesy to potential buyers. Potential buyers should make their own determination regarding the accuracy of the information provided. Neither the seller, Davis DuBose Knight Forestry & Real Estate PLLC (DDKFRE), their subsidiaries, affiliates nor representatives warrant the accuracy, adequacy or completeness of any information contained herein regarding the property, its condition, boundaries, access, acreage, or timber stand information. DDKFRE expressly disclaims liability for errors or omissions.
Legal Description
County Line 160 – The S ½ of SE ¼ of Section 36, Township 5 South, Range 31 West, Polk County, Arkansas, containing 80 acres, more or less. AND The S ½ of SW ¼ of Section 31, Township 5 South, Range 30 West, Howard County, Arkansas, containing 80 acres, more or less.
Tract Description
160 +/- acres of hunters’ paradise with over 1 mile of Opossum Creek running through the center of the property. Mature hardwood and pine timber. Hardwood is mostly oak saw timber. Excellent investment and recreational property with scenic views from the ridge top. DDKFRE foresters inventoried this property on a 4x5 chain grid using 10th acre plots. A detailed summary of our inventory can be seen in Exhibit A. County Line 160 Timber Volumes Product Tons Tons/Acre Pine Pulpwood 164 1 Pine Saw Timber 1,184 7.4 Oak Saw Timber 1,706 10.6 Misc. Hardwood Saw Timber 202 1.3 Hardwood Pulpwood 5,152 32.2 Totals 8,409 52.5
PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
Location Description The property is located approximately 7 miles southeast of Wickes, Arkansas. Travel east of Wickes on Hwy 278 to CR 5. Continue on CR 5, turn east on CR 252. Continue on CR 252 approximately 1 mile to drivable woods road leading to the property. Follow DDKFRE pink flagging to property. Seller is not aware of a legal access easement into the property. The neighbor has given permission to travel the road leading to the SW portion of the property. The gate combination is 8600.
Google maps and/or coordinates can be requested or downloaded from our website. The property will be marked with Davis DuBose Knight real estate signs and pink flagging tape.
Exhibit A County Line 160 - Sawtimber Stand Table
10 12 14 16 18 20 22 24 26 28 Total
Pine Sawtimber # Trees Total Tons 41 28 86 109 198 261 270 385 135 273 10 16 0 0 0 0 0 0 21 112 761 1184
Oak Sawtimber # Trees Total Tons 0 0 0 0 281 167 602 557 478 618 166 225 31 63 21 32 0 0 21 44 1600 1706
Misc. Hdw Sawtimber # Trees Total Tons 0 0 0 0 37 35 91 85 83 82 0 0 0 0 0 0 0 0 0 0 211 202
For additional information about this property, please visit our website at forestryrealestate.com
Davis DuBose Knight is a forestry and real estate company headquartered in Little Rock, Arkansas with offices in Monticello and Texarkana, Arkansas. For more information about our services or to view our listings visit www.forestryrealestate.com PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
General Information Regarding Terms and Conditions of Sale
1. Bids should be mailed to: DAVIS DUBOSE KNIGHT FORESTRY & REAL ESTATE PLLC PO BOX 24633 LITTLE ROCK, AR 72221 Mark the lower left corner of the envelope with “County Line 160 Bid Sale.” No verbal bids will be accepted. Bids may also be faxed to (501) 225-8607.
2. Bids will be received at the office of Davis DuBose Knight Forestry & Real Estate PLLC until 2:00 p.m. Thursday, May 18th, 2017. All bids received will be considered at that time. A submitted bid may not be withdrawn after the bid opening.
3. Bids must be submitted using the enclosed form. Only bids for a specific dollar amount will be accepted; no per acre bids. Neither the seller nor his agents makes any warranty as to number of acres, timber volumes, ingress/egress, or access to utilities. Prospective buyers are advised to verify information presented in this sale notice. Questions regarding this sale should be directed to licensed broker Ray Galloway (903) 824-7692.
4. Boundary lines represent what the current landowner has used as the traditional boundaries of the property and to the best of our knowledge are not under dispute with the adjacent landowners. 5. Seller is not obligated to furnish a survey. If buyer requires a survey, the cost will be the responsibility of the buyer. The attached maps should not be considered as survey plats.
6. Seller reserves the right to accept or reject any bid. The bidder will be advised if seller accepts his/her bid. The successful bidder will be obligated to execute an offer and acceptance contract, to be supplied by the seller, within 10 business days and at that time deposit 10% of the purchase price as earnest money.
7. A sample of the offer and acceptance contract can be provided in advance, upon request. This contract has produced numerous successful timberland closings and is the form the buyer should anticipate signing with minimum proposed changes. Any issues or exceptions relative to the contract should be attached and submitted with the bid form. The successful bidder will be expected to close within 30 days of bid closing.
8. Conveyance will be by special warranty deed. Seller shall furnish an owner’s policy of title insurance in the amount allocated to the property. If a mortgagee’s policy is required by the buyer’s lender, the aggregate cost of all title policies shall be borne one half (1/2) by seller and one half (1/2) by buyer. The buyer will be responsible for customary closing costs. Cash or cashiers check is required from buyer at closing. Seller will convey 50% of any minerals owned, without warranty. PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
BID FORM: County Line 160
BID DUE DATE: Thursday, May 18th, 2017 BIDS RECEIVED UNTIL 2:00 PM.
In reference to “COUNTY LINE 160” prepared by Davis DuBose Knight Forestry & Real Estate PLLC, I submit the following bid for the purchase of the following tract(s): County Line 160 160 acres, more or less Bid Amount:___________________________________ My bid is valid through 5:00 p.m. on the second business day following the bid opening. If my bid is accepted, I am willing to execute an Offer and Acceptance contract with earnest money in the amount of 10% of the purchase price within ten (10) business days after Seller’s acceptance. BIDDER NAME/COMPANY:
___
ADDRESS: CITY: PHONE #:
STATE:
ZIP:
FAX #:
EMAIL ADDRESS:_____________________________________________ BIDDER’S SIGNATURE:_________________________________Date:_________ The Seller and his agent make no guarantee as to timber volumes and/or total acreage, timber stand information, ingress/egress agreements, location of boundary lines, and utilities. It is suggested that Buyers make their own estimates on acreage, timber volumes, access, boundary lines, and utilities.
Bids should be mailed to: DAVIS DUBOSE KNIGHT FORESTRY & REAL ESTATE PLLC, PO BOX 24633, LITTLE ROCK, AR 72221. Please indicate in the lower left corner of the envelope COUNTY LINE 160 BID SALE. Bids may be faxed to (501) 225-8607 and must be received prior to 2:00 PM, Thursday, May 18th, 2017. Receipt of fax will be acknowledged by return phone or fax confirmation.
PO Box 24633 | Little Rock, Arkansas 72221 | (888) 695-TREE | [email protected]
County Line 160
160 Acres, more or less, Polk & Howard Counties, AR
T5S R 31 W Sec. 36
Access Road
T6S R 31 W Sec. 2
T5S R 30 W Sec. 31
T6S R 31 W Sec. 1
T6S R 30 W Sec. 6
Polk Road 252
T6S R 31 W Sec. 11
Polk Road
0
0.125
±
T6S R 31 W Sec. 12
T6S R 30 W Sec. 7
Legend
251
0.25 Miles
Phone: 1-888-695-8733 www.forestryrealestate.com
Drivable Interior Roads to Creek
920
Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus DS, Drivable Access (Pink Flagging) USDA, USGS, AEX, Getmapping, Aerogrid, IGN,Road IGP, swisstopo, and the GIS User Community This map and all information it contains is provided “AS IS,” as a courtesy to potential buyers. Potential buyers should make their own determination regarding the accuracy of the information provided. Neither the seller, Davis DuBose Knight Forestry & Real Estate PLLC (DDKFRE), their subsidiaries, affiliates nor representatives warrant the accuracy, adequacy or completeness of any information contained herein regarding the property, its condition, boundaries, access, acreage, or timber stand information. DDKFRE expressly disclaims liability for errors or omissions.
County Line 160
160 Acres, more or less, Polk & Howard Counties, AR
rth ur
1
Road
204
ad 5 Polk Ro
Fra ch
Polk
71
20 1
£ ¤
Pol
Vanzant
4 Miles
Bella Mine
kR
0
484
oad
d3 Roa
oad
51400
474
Gillham Lake
52800 Weyco R d
48 3
10 00
d 51 870
317
470
Oneal
Sartw
Lad d
315
dge
d5 0 75 360
219
301
861
313
226
County Ro ad 190
Miz e
ell
Bri
313
400
351
31 1
980
018
705 51000
490
316
Rough Guir e
705
485
Lo op
T Mineral ower
Ki ng
3
We yco R
ing
701
927
Po lk R
d2
e Lak
County Road 243
Twi st
920
1
Baker
Polk Road 473
Gillham
Miller
ty un o C
ad Ro
Cou
0 20
oad nty R
County
342
63 Road 2
Off
Phone: 1-888-695-8733 www.forestryrealestate.com
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d 25
nd
±
2
Va
2nd
Roa
Almo
0 0.5 1
Stemple
Silver Hill
Polk
Polk
Roa
Brett
Weyco Rd 52600
Weyco Rd 52210
Nebo
iseu r
Ro ad
Cedar Bluff
80 Thousand
d 49
Polk Road 10
Po lk
7
278
d 8264 0
2900
0 22
Polk Road
d 465 Polk Roa
We ave r
Line Po rt A
Polk Road 446
030
Weyco Rd 5
2641
wn Da
Polk Road 242
g rrin He
Polk
Grannis
Weyco R
£ ¤
9
71
Polk Ro ad 446
oad
278
Rd 8
31880
wa y
n nno
La ce Polk Road 4
kR
Polk Road 249
High
Sha
Wise
United State s Highway
Pol
s tate ed S Unit
d6 Roa Polk
Aster
Weyco Rd 52060
co R
Wickes
Polk Road 7
oad 46
ch Bun
Weyco Rd 52268
Weyco Rd 52930
Wey co
Polk Road 257
489 oad
Weyco Rd 5200 0
8
oad 60 5
W ey
8th
June
Polk Road 8
219
d 47
Weyco Rd 52263
Polk Road 735
Park
1st
Road
Roa
R Polk
50100
Po lk Polk
so n
oad 47 9
Polk
Wolf Den
State Highway 246
480
43 1
Polk R
Polk Road 13 Polk Road 11
V U
48 4
Polk Road 263
Polk Road 261
Ro bin
246
Roa
R
Co
oa d
Weina
15
V U
27 2
Polk
18 oa d
Po lk R
Polk Rd 482
Ro ad
Ro ad
Polk R
Polk Road 636
Sq uir es
d 33
Road 4 02
9 d 63 Roa Polk
Polk Road 99
Polk Road
84
Polk R
Roa
Po lk
Weyco Rd 82800
Polk
Vandervoort sty Du
County
Lay
Hamilton
Anderson ad 96 ounty Ro e C g d ri B Ladd
This map and all information it contains is provided “AS IS,” as a courtesy to potential buyers. Potential buyers should make their own determination regarding the accuracy of the information provided. Neither the seller, Davis DuBose Knight Forestry & Real Estate PLLC (DDKFRE), their subsidiaries, affiliates nor representatives warrant the accuracy, adequacy or completeness of any information contained herein regarding the property, its condition, boundaries, access, acreage, or timber stand information. DDKFRE expressly disclaims liability for errors or omissions.
