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ABSOLUTE Garber Live & Online Auction

ABSOLUTE Garber Live & Online Auction

57+ Wooded Acres – Cell Tower Rights – 64+ Net Mineral Acres

 

Location: 11000 Fallsburg Rd. NE Frazeysburg OH 43822. GPS Coordinates: 40.1934432983398 -82.2602920532227. Directions: From Newark & Rt. 16 take SR 79 north 13 miles to Fallsburg Rd. to farm. From SR 541 midway between Martinsburg & Coshocton take SR 79 south 11 miles to Fallsburg Rd. to farm. Watch for signs!

 

Thursday August 31st, 2017

6:00 PM

 

* 57.518 Surface Acres * 64.373 Net Mineral Acres * Fallsbury Township * Licking County * No Current or Active Leases * Verizon Cell Tower Rights * Owned Gas/Oil Well Income * Mineral Rights * Wooded Land w/ Timber * Proven Hunting * Secluded setting *

 

A great recreational property that provides an immediate return on investment with substantial income from a cell tower lease & an owned gas/oil well. The property also is not under any current or active leases for oil & gas. This farm is located on a dead end road and the trees create a natural barrier providing a very secluded setting. The land is mostly wooded with some mature timber. The cell tower produces $9,349.67/year (with a renewal and increase in October). The gas/oil well has been producing an average of $13,807.11/ year in the last 3 years in oil. This is one of those rare opportunities to invest in rural acreage that has a built in cash flow of this significance! For maps, parcel information, title opinion, & cell tower lease please visit our website www.kaufmanauction.sale or contact Curt.

Parcel 1: 57.518 Acres. Includes all surface rights.

Parcel 2: 64.373 net mineral acres of Mineral Rights and existing owned gas/oil well. No current or active leases.

Parcel 3: Cell tower rights & current lease with Verizon.

Terms: 10% nonrefundable down payment, balance at closing within 45 days, no financing contingencies. In bidding, buyer is asserting that they will have the funds to close. 5% buyer’s premium. Any required inspections must be completed prior to bidding. All information gathered from sources deemed accurate but is not guaranteed. Buyer must independently investigate and confirm any information or assumptions on which any bid is based. Parcels 1 & 2 will be offered choice by the acre and then combined. Parcel 3 will be sold separately. See website for online bidding terms. Legal: Parcel # 014-032040-00.000 located in Fallsbury Twp. of Licking County and the Riverview LSD. Taxes are $1,034.22 per half year, based on CAUV, any recoupment will be the responsibility of the buyer.

 

KAUFMAN REALTY & AUCTIONS                                                                                             Auction by order of:                                         

(866) 403-4036 www.kaufmanauction.sale                                                                                        Marvin Garber

CURT YODER, REALTOR & AUCTIONEER

(330) 204-2447 [email protected]

* 57.518 Surface Acres * 64.373 Net Mineral Acres * Fallsbury Township * Licking County * No Current or Active Leases * Verizon Cell Tower Rights * Owned Gas/Oil Well Income * Mineral Rights * Wooded Land w/ Timber * Proven Hunting * Secluded setting *

Parcels 1 & 2- Surface Acres & Mineral Acres

189.7544444440



Parcels 1 & 2- Surface Acres & Mineral Acres

Parcel 2: 64.373 net mineral acres. Selling per acre (x 64.373)

64.373 net mineral acres of Mineral Rights and existing owned gas/oil well. No current or active leases. Selling per acre

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Parcels 1 & 2- Surface Acres & Mineral Acres

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