real estate auction
Transcription
real estate auction
REAL ESTATE AUCTION SEALED BID DEADLINE: MAY 12 ONSITE INSPECTIONS: APRIL 21, 30 & MAY 5 AT 1:00 PM 823± ACRES OF PRIME FARMLAND & LUXURIOUS ESTATE HOME WITH 5 BEDROOMS & 6 BATHROOMS ON 22± ACRES Camp Douglas, Wisconsin Seller Financing Available to Qualified Buyers! For Additional Information, Please Visit or Call: HilcoRealEstate.com • 855.755.2300 SPECTACULAR ONE-OF-A-KIND ESTATE OFFERING HIGHLIGHTS • 411-511 TOWN SHOP ROAD, CAMP DOUGLAS, WI · 823± acres of farmland · 7 prime tracts totaling 728± tillable acres of fully-leased farmland · Grain plant with office building, warehouse/shop facilities & grain bins · Luxury 5 bedroom, 6 bathroom estate on 22± acres · Indoor pool, racquetball court, fitness center and tennis court EXQUISITE LUXURY HOME DETAILS This stunning 17,575 square foot estate is breathtakingly situated on 22 peaceful and private acres, set at the end of a long, winding drive surrounded by manicured grounds and lush trees. Handsome double entry doors open to a main foyer with a double staircase that leads to both the second floor and lower level. The first floor includes a gourmet kitchen, gentleman’s den with fireplace and cigar fans, formal living room with soaring floorto-ceiling windows, a family room with fireplace, two bedrooms and a circular music room perfectly suited for a grand piano. The master suite is richly-appointed, featuring expansive walk-in closets, palatial en-suite bath and private his and hers changing areas. No detail was overlooked and no expense spared as this home is meticulously fitted with the highest quality flooring, light fixtures and hardware throughout. The home’s second floor features two spacious bedrooms, each with their own en-suite bath, and a loft area that provides magnificent views of the front and back grounds. The large lower level offers a stocked game room, home theater area, bedroom with full bath, ample storage areas and industrial-grade mechanicals that serve to support the home. ENDLESS YEAR-ROUND OUTDOOR ACTIVITIES Whether for continued use as a grand personal residence and stable income-producing investment, a one-of-a-kind corporate retreat, youth camp or private bed and breakfast, this property represents the best that Midwest country living has to offer! RESORT-STYLE AMENITIES Resort-style amenities include a three-story elevator, racquetball court, tennis court, fitness center and large indoor pool with waterslide and kitchenette area. The residence also offers a host of outdoor recreational activities for both summer and winter months, with miles of trails meandering through the property’s 22 acres accessible via snowmobile, cross country skis, ATV or horseback. Buyers will also enjoy immediate access to hunting and peaceful fishing just steps away at the property’s private stream. INCOME-PRODUCING AGRICULTURAL LAND This offering also includes 823 acres of farmland, with approximately 728 tillable acres of leased farmland (considered “Cropland A” grade by the USDA), a large 7,600 SF corporate/business aircraft hangar, a grain plant, office building, warehouse/shop facilities, three grain bins of 165,000 total bushel storage, fuel shed, and a trout stream wandering through a vintage apple orchard. The farmland is divided into 7 land tracts and is leased until Dec. 2017. Below is a table showing the acreage/income breakdown of each tract: Address Total Acreage Tillable Acreage Per Acre Lease Rate 88.43 82 $190.00 Fleming Farm 160.24 153 Hog Island Farm 170.25 141 Horse Barn Farm 125.22 Big House & Shop Farm Irrigation Farm Sorenson Farm Farbo Farm Farm Total Hunting Lease CRP Funding Total Rent n/a n/a $15,580.00 $200.00 n/a n/a $30,600.00 $135.00 $1,650.00 n/a $20,685.00 110 $185.00 n/a n/a $20,350.00 123.34 98 $185.00 $1,150.00 n/a $19,280.00 124.74 119 $180.00 n/a n/a $21,420.00 30.62 25 $130.00 n/a $500.00 $3,750.00 822.84 728 $172.14 Average $2,800.00 $500.00$131,665.00 PROPERTY LOCATION & AREA HIGHLIGHTS Camp Douglas is a charming village of 600 residents situated in Juneau County, Wisconsin and is an outdoorsman’s paradise offering breathtaking bluff views and ancient rock formations. Lakes, parks, and a wildlife refuge are only minutes away. Beginning at the northern end of the Village, the Omaha Bike, Hiking, and Snowmobile Trail runs for 13 miles to Elroy, WI and connects into a 100-mile continuous trail corridor. In addition, local roads are open to ATV/UTVs, connecting adventure-seekers to a network of surrounding municipal ATV/UTV trails. The property is also near Volk Field Air National Guard Base, Castle Rock Lake, Wisconsin Dells, and sits just a modest drive from the world-renowned Mayo Clinic, area ski resorts and Green Bay, WI. SEALED BID DEADLINE: Qualifying sealed bids are due on May 12, 2016 by 5:00 pm Central Time, delivered to the offices of Hilco Real Estate, 5 Revere Drive, Suite 320, Northbrook, IL 60062. Attention: Steve Madura or via email to smadura@HilcoGlobal.com. ONSITE INSPECTIONS: APRIL 21, 30 & MAY 5 AT 1:00 PM CONTACT INFORMATION: AUCTION LINE: 855.755.2300 VIRTUAL DEAL ROOM: Due Diligence Documents are available online through the IntraLinks web service. Access to the site can be obtained by contacting Mallik Virupannavar at 847-418-2702 or mvirupannavar@HilcoGlobal.com. The Purchase and Sale Agreement, Property & Local Information, Financial Information, and other applicable information is available for review and download. TERMS OF SALE: This auction is being conducted subject to the Terms of Sale, as stated in the Purchase and Sale Agreement. BUYER’S FEE: A 7% Buyer’s Fee will be added to the High Bid Price, per the Terms of Sale. FAX: 847.714.1289 EMAIL: Info@HilcoReal.com ON THE WEB: HilcoRealEstate.com BIDDING PROCEDURE: This property is being offered with reserve, subject to the Seller’s acceptance. The Seller will have five (5) business days to review the high bid(s) and make their decision. INITIAL DEPOSIT REQUIRED TO BID: To participate in the auction, bidders are required to wire-transfer or overnight certified funds as an initial deposit in the amount of $50,000, made payable to Hilco Real Estate, LLC. These funds are FULLY REFUNDABLE if you are not selected as the winning bidder. BROKER PARTICIPATION INVITED: A referral fee of 2% will be paid to the REALTOR®/Broker whose registered buyer closes on the property. Please refer to the Buyer/Broker registration requirements in the Terms of Sale. Although every attempt has been made to be as accurate as possible, The Seller and Broker and their agents assume no liability for inaccuracies, errors or omissions in the marketing materials, including the Virtual Deal Room. ALL SQUARE FOOTAGE, DIMENSIONS, ACREAGE, DESCRIPTIONS, FINANCIALS AND TAXES IN THIS AND OTHER MARKETING MATERIALS ARE APPROXIMATE. This offering may be withdrawn, modified or canceled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law. In cooperation with registered Wisconsin Auctioneer, Curtis Allen Schneider #2784-52 and Jeff D. Azuse Wisconsin Broker Lic. #50983-90. Buyer’s Fee 7%. © 2016 Hilco Global, LLC For more information, please visit: HilcoRealEstate.com or contact a member of the Hilco Transaction Team below: Steve Madura Mallik Virupannavar Vice President 847.504.2478 smadura@HilcoGlobal.com Disposition Analyst 847.418.2702 mvirupannavar@HilcoGlobal.com A Hilco Global Company Vested in Your Success