REAL ESTATE AUCTION
Wed 11/21/2012
Sun 6/30/2013
REAL ESTATE AUCTION
SRC Ranch Modified Sealed Bid Auction
Tuesday, December 11, 2012
Pilot Point, TexasRARE & SPECIAL OFFERING - UNIQUE - TIME SENSITIVE
Once In A Life Time
The Process: Sealed Bids will be accepted by Tony Langdon Auction Properties until 12:00 Noon on Tuesday, December 11, 2012. Once the deadline has been reached, a private auction will be conducted just between those that submitted a sealed bid. EVERY BIDDER will be notified of the highest bid that was received and extended an opportunity to increase their initial bid. Once the FINAL HIGH BID has been determined and the Seller Confirms and Accepts the high bid the Buyer will be announced by 5:00pm of the same day. All submitted bids and the identity of the Bidders are considered confidential and will only be viewed by the Auctioneer and the Seller. SELLER RESERVES THE RIGHT TO ACCEPT ANY BID RECEIVED ON THE PROPERTY PRIOR TO THE DEADLINE.
The Seller: Steve Cruse has made SRC Ranch the home of over 100 Appaloosa National and World Champions over the past 7 years. His attention to detail extends far beyond the horses as you will notice the moment you enter this beautiful ranch. This world class training facility is absolutely immaculate, a stunning and fitting showcase for the many world champions that have passed through its gates. It is a rare occasion that a property of this magnitude is offered for sale at auction. You are encouraged to take advantage of this unique opportunity as it could years, possibly decades before this property is offered for sale again.The Property: Located in the most exclusive area in the very Heart of Horse Country with a prestigious address of 11000 St. Johns Road, on arguably the most beautiful stretch of horse properties in the United States. The ranch consist of 28.9 pristine acres of coastal pastures, pipe fencing and paved drives with gated entrances leading to the Main House and another to the Equine Facility. The 3 bedroom, 3.5 bath home with a study and 2 fireplaces is nestled in a grove of mature trees with a large shaded patio that's perfect for afternoon and evening entertaining. The climate controlled main barn features 12 oversized stalls, rubber brick alleyways, office with trophy room, tack room, laundry room, feed room, 2 bathrooms, laboratory, 2 grooming stalls, breeding stocks and wash rack leading to the indoor arena. The lighted covered arena is 120' x 200' with 5' solid metal fencing. Adjacent to both the main barn and the indoor arena is a 20 stall heated show barn with welded mesh wire fronts offering maximum ventilation, tack room, grooming stall and a wash rack. There are 4 turnout paddocks with loafing sheds and 6 other separate pastures with 4 ponds, half which have loafing sheds. On the rear of the property are 2 mobile homes for the ranch employees and both a 3 bay hay barn and 3 bay workshop.
The Location: The ranch is located 1.3 miles west of Hwy 377 at 11000 St. Johns Road in Pilot Point, Texas. It's a quick 15 minute drive into Denton or to reach I-35W for easy access to Dallas, Fort Worth or DFW Airport, all in less than one hour. A tremendous central location for the horse enthusiast with its proximity to Fort Worth, Oklahoma City and Tulsa, the chosen sites of most major equine events.
The Terms: The Property sells "AS IS" with no guarantees. It is the sole responsibility of a potential buyer to both inspect and research the property prior to entering a bid. The outcome of the sealed bid auction is not subject to post sale inspection or any contingencies, financial or otherwise. Upon Seller Confirmation of the high bid, the Buyer must remit the required 10% Deposit within 24 hours in the form of cash, cashier’s check or bank transfer to Tony Langdon Auction Properties. The remaining balance is due in 30 days at Closing on Friday, January 11, 2013 by 5:00pm. The deposit will be non-refundable if the Buyer is unable to meet the closing deadline. Fidelity National Title in Corinth, Texas will conduct the Closing. 2% Real Estate Agent Incentive - Call for DetailsSRC RANCH MAY BE VIEWED BY APPOINTMENT ONLY PLEASE
CONTACT TONY LANGDON FOR A PRIVATE VIEWING OF THE PROPERTYContract For Sale and Purchase at Auction must be submitted to Tony Langdon Auction Properties by 12:00 Noon, Tuesday, December 11, 2012 by Mail, Email or Fax. Buyer will be contacted to confirm receipt. FedEx is recommended if you elect to submit the contract by mail. Buyer MUST be available by telephone between 12:00-5:00pm, Tuesday, December, 11th.
Contact/Location
Tony Langdon
AUBREY, TX
214-876-5950