kansas-city-auction-company

GONE! Multi-Parcel Land & Homes Auction: 5 Tracts with 2 Homes (3 Tracts Selling with NO RESERVE) | Lee’s Summit/Kansas City, MO

TRACT 1: 69 Acres m/l – Sells with No Reserve!


This unique 68.93 acre tract offers something for everyone–rolling hills, timber, pasture/tillable, great views, wildlife, potential home sites, over 2000 feet of road frontage on Rhinehart Rd., easy highway access and Lee’s Summit schools.

LIVE OFF-SITE AUCTION WITH ONLINE BIDDING
Began: 08/18/17 at 1:00 PM CDT
Property Location:

Rhinehart Road, United States, Kansas City, MO 64139


Auction Location: Unity Village Dining/Banquet Facility, 1901 NW Blue Parkway, Unity Village, MO 64065

OPEN HOUSE/INSPECTION: SUNDAYS, 8/6 & 8/13; 2-4PM

Auction Representatives will be at Tracts 3 & 4

 

Tract 1 – 69 acres m/l

Parcels  51-100-02-03-00-0-00-000;  51-100-02-02-00-0-00-000 and  51-100-02-05-00-0-00-000

This unique 68.93 acre tract offers something for everyone–rolling hills, timber, pasture/tillable, great views, wildlife, potential home sites, over 2000 feet of road frontage on Rhinehart Rd., easy highway access and Lee’s Summit schools.  The back two parcels totaling 39.36 acres are an outdoorsman’s paradise featuring hills, timber, bottomland, wildlife, Little Cedar Creek running through them and lie on the east side of the Union Pacific railroad tracks.  Whether you’re looking for close-in acreage for your dream home, hobby farm, recreation or investment, this property should be a consideration.

AUCTIONEER’S NOTE

Don’t miss this rare opportunity to bid your price on these beautiful land tracts and homes on acreage in the Lee’s Summit/Kansas City area. The three land tracts all sell without reserve and the two homes on acreage sell with low reserves.  A Cates representative will be onsite for open houses on Sundays, August 6th and 13th from 2:00 to 4:00 p.m. to answer your questions. The auction will be held off-site at the Unity Village Dining/Banquet Facility, 1901 NW Blue Parkway, Friday, August 18th at 1:00 p.m.  If you have any questions or need any additional information, please don’t hesitate to call Ray Bucklew at 816-695-2163. We look forward to seeing you at the auction.  Come and bid your price!

 

Per the published auction terms, this property is available for sale prior to the auction. To qualify, all pre-auction offers must meet all auction terms and be submitted on the provided Cates Real Estate Sale Contract along with the required deposit. All qualifying offers will be presented to the Seller for a timely response. Please contact our office for assistance if needed. 

LAND AUCTION TERMS AND CONDITIONS:

REGISTRATION:

Onsite bidder registration will begin one hour before the auction. Online bidder registration is open now. All bidders must provide a valid driver’s license and current address.  Online bidders must also provide a credit card to register.  By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 10% non-refundable down payment of the total purchase price immediately following the close of bidding.   Cash, cashier’s check or personal/business check will be accepted from onsite bidders.  Bank wire will also be accepted from online bidders.

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise.

CLOSING:

Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s), if applicable.

EVIDENCE OF TITLE

Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).

SURVEY

Seller shall provide a survey for any tract where there is no existing legal description.  Any need for a new survey shall be determined solely by the Seller. The type of survey performed shall be at the seller’s option and sufficient for providing a legal description for title insurance.  Purchase prices shall be adjusted to reflect any differences between advertised and surveyed acres.

REAL ESTATE TAXES & ASSESSMENTS:

2017 taxes are to be prorated as of the closing date.

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

BUYER’S PREMIUM:

A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

Video: Multi Parcel Land & Homes Auction

Directions to Tract 1:  I-470 to MO 350 Hwy West; north to NW Colbern Rd., jog east to stoplight at NW Blue Parkway, north on NW Blue Pkwy to Rhinehart Rd. split on right (at Hazel Grove Elementary); north on Rhinehart to railroad tracks.  Signs will indicate the three Tracts.

 

Directions to Auction Site: I-470 to MO 350 Hwy West; north to NW Colbern Rd., east to stoplight at NW Blue Parkway, north to Unity main entrance.  MO 350 HWY to Bannister/Colbern Rd. exit, east to NW Blue Parkway, north to Unity main entrance.

Click on any image to view larger.

Click on any image to view larger.

Your auction should be printing now. If not, please click here.

AuctionServices
We are Kansas City's oldest and most experienced real estate auction company specializing in accelerated real estate sales in Missouri and Kansas, including Overland Park, Lenexa, Shawnee, Leawood, Kansas City, Lee's Summit, Olathe, Blue Springs, Independence, Liberty, Kearney, Parkville, Smithville, Gladstone, Clay County, Platte County, Jackson County, Johnson County, Wyandotte County, Leavenworth County, Cass County, Lake of the Ozarks, Lake Ozark, Sunrise Beach, Osage Beach, Four Seasons, Shawnee Bend, Miller County, Camden County, and around the Midwest. Kansas City auctioneers with regional expertise!