JOHN A McMAHON ESTATE
±3,730.37 AC. “Smithwick Summer Grazing Unit”
CHOICE GRAZING LAND IN FALL RIVER COUNTY
ABSOLUTE LAND AUCTION
LOCATED JUST ½ MI. EAST OF SMITHWICK
OFFERED IN 2 TRACTS & AS 1 UNIT OF ±3,730.37 AC.
Tuesday. – May 22, 2018 - 2:00 PM
Live Auction Registreation at 1:00 PM
Simucast Internet Bidding Available at 2:00 PM
PROPERTY LOCATION – At the Jct. of Hwys. 79/18-385 (Maverick Junction), travel 7.5 mi. South on Hwy 18-385 to Smithwick Rd., then East 7 mi. (1/2 mi. East of Smithwick) to the west edge of the property. Signs are posted & corners are clearly marked.
AUCTION LOCATION – Hwy 79 Food-Brew at the Jct. of Hwys. 79/18-385.
TRACT 1: ±832 Acres. This affordable tractlies entirely to the north of Smithwick Road and follows the same to the east for over one mile and consists entirely of productive native hardgrass pasture. A smaller 80 care pasture to the west side of this unit has a set of gathering corrals and several nice stock dams with scattered trees. The remainder of this tract is one large native grass pasture with (3) rubber tire water tanks with water supplied by pipeline water from the Fall River Water Association and numerous stock dams. As with Tract 2 along the east side, this unit is currently under tenant lease for the 2018 grazing season and further, any portable livestock panels at the gathering corrals belong to the tenant.
TRACT 2: ±2,898.37 Acres. This choice larger grazing tract consists of excellent pound-producing native hardgrass pasture and is fenced into two nearly equal size pastures for rotational grazing. This unit is bordered on the south side for nearly 3 miles by the Smithwick Road. As with Tract 1, water is supplied to (9) rubber tire tanks via pipeline water from the Fall River Water Assn. Further, numerous stock dams are scattered throughout this unit. The two-track trail that travels northeast through this tract is actually the legal access road for the USFS to gain access to the Buffalo Gap Nat’l Grasslands located on beyond this unit to the north. Currently under tenant lease for 2018.
ENTIRE UNIT: ±3,730.37 Acres. This is the combination of Tracts 1 and 2 as noted within and borders Smithwick Road for nearly 5 miles and lies in one well-blocked and contiguous unit. This is an ideal size unit for anyone wishing to add to their existing operation, and with this great access, one could certainly utilize this choice grazing land as a year-round operation simply by adding some improvements. This entire unit is adequately perimeter fenced with 4-wire fencing and much thought was put into the placement of the water tanks thereby enabling the landowner to take full advantage of the entire unit for productive grazing and displacement of livestock. Under current lease for 2018, the grazing lease and terms can be found on the website martinjurisch.com.
AUCTIONEER’S NOTE: Over the past several years, the successful producers in our region have come to realize the value of acquiring additional productive native grass units for their livestock. Held debt-free, this closely-held grazing unit served John McMahon extremely well in his livestock operation for many years. You now have the rare opportunity to purchase this choice contiguous & well-blocked unit. Dollar for dollar, historically this is some of the most affordable grassland in the region, and we urge you to inspect the property and make plans to bid as this choice grazing unit sells auction day regardless of price.
PROPERTY INSPECTION – Auctioneers/Brokers onsite Tues., May 8 & Tues., May 15 from Noon until 3:00 PM each day OR inspect at your leisure, brochures and signage on the property, and approx. tract corners & boundaries are clearly marked with ribbon/signage.
We urge you to bring your ATV for inspection and we discourage you from unnecessarily driving your pickup on the property due to soft ground conditions as well as fresh green grass conditions. Broker participation invited.
TERMS & CONDITIONS
Absolute auction, property selling day of auction with no minimum, no reserve. Offered in (2) individual tracts as outlined herein and as one entire approx. 3,730.37 acre unit, selling in the manner realizing the greater return. 15% nonrefundable earnest money day of auction with the balance due in cash or certified funds upon closing. Closing to take place on or before June 22, 2018. Possession, subject to the lease as outlined herein, upon closing. Expiring Dec. 31, 2018, the entire 2018 lease payment ($27,975.00) on the ranchland due and payable on or before Dec. 31, 2018 shall be payable at that time to the new buyer. Taxes, based on the 2017 tax levy, shall be prorated to the day of closing. 50% of any Seller-owned minerals, if any, shall pass to the Buyer upon closing. Property sold by legal description. Information given based upon Fall River County records and FSA maps. Soil information is provided by Surety Agri-Data. If sold in tracts, no survey shall be performed. Auction tract corners are approximately marked and should not be confused with an actual land survey. Visual auction maps have been prepared for marketing purposes only, are approximate only and buyers should rely upon their own judgment and inspection of the subject property. Property sells without Buyer contingency of any kind, please have your financial arrangements secured prior to bidding. Title insurance will be provided. A commitment for title insurance showing marketable title will be made available for your inspection at the auction and online. Costs of title insurance and the closing agent fee shall be split equally between the Seller and Buyer. Property will be transferred by Personal Representative’s Deed subject to easements, assessments, and reservations of record. The Auctioneers/Brokers are representing the Seller’s interests in this transaction. The property will be sold in “As Is” condition without any warranties, either expressed or implied, as to the nature, condition, or description of any improvements and property herein, please inspect to the extent deemed necessary and rely on your own judgment when bidding. All information was derived from sources deemed reliable; however, neither Seller nor Auctioneers/Brokers are making any guaranties or warranties, actual or implied. Any announcements made day of auction supersede any and all previously printed material and any other oral statements made.