SEALED BID AUCTION!
LOONEY LIVESTOCK RANCH SALE, CENTRAL POINT, OR
BIDS DUE BY 5 PM, TUESDAY, JUNE 27
use the left and right arrows.
Co-Broker: Tim Stuart; Stuart Realty Group Inc.
Broker Lic. #: 990200191
5908 & 5962 Foothill Road North, Central Point, OR 97502
Sealed Bid Auction
Submit Sealed Bids to Info@LooneyRanch.com, Bids Submission Due By 5:00 P.M. (PDT) Tuesday, June 27, 2023
By appointment. Contact HAI Oregon Broker, Tim Stuart at (503) 680-4959.
Real Estate Terms:
Minimum Bid is $1,395,000.
Winning bidder will be determined by 10:00AM PDT on Wednesday, June 28, 2023. Purchase and Sale Agreement to be executed by Buyer no later than 2:00PM PDT on Thursday, June 29, 2023. 10% Non-Refundable Earnest Money Deposit Due by 5:00PM PDT on Thursday, June 29, 2023 by Check or Wire Transfer.
If there are 2 or more high bids that are tied, Auctioneer and Seller reserve the right to conduct an optional second round of bidding on Thursday, June 29, 2023 at 10:00AM PDT, with the Purchase and Sale Agreement to be executed no later than 2:00PM on Friday, June 30, 2023. 10% Non-Refundable Earnest Money Deposit Due by 5:00PM PDT on Friday, June 30, 2023 by Check or Wire Transfer.
5% Buyer Premium.
SEALED BID AUCTION
LIVESTOCK RANCH & CROP FARM
This 319.34± acre ranch and Farm has been used as a working livestock ranch (cattle, hogs, sheep,and goats) as well as having mixed-grass & noxious weed-free hay crops on the irrigated portion of theproperty. Perfect for the gentleman farmer or winery with vineyard! Irrigation rights are through Medford Irrigation District as well as the Swagerty Reservoir on site. Terrific views both West and East. All structures on site including irrigation equipment are included in the sale. Structures include livestock, hay, and storage barns. Zoning is EFU – Exclusive Farm Use. One Single–Family Residence is allowed on each parcel (2 total) along with temporary worker housing. For more information and to download the Property Information Package, go to www.LooneyRanch.com.
From Interstate 5, take the Crater Lake Highway exit going north. Continue to E. Villas Road and turn right. Continue to Foothill Road N. and turn left. The property will be on your right-hand side.