For specific questions on this property, please contact:
Stefanie Whitener
918-362-6739
918-808-2119 mobile
918-217-6421 fax
813 N Highway 46
Oxford, NE 68967
DescriptionA great income producing opportunity located in the beautiful Republican River Valley of South Central Nebraska.
Scenic setting, surrounded by excellent hunting lands. Currently operating as the Countryside Inn, a 10 unit motel on 2.5+/- wooded acres with attached 2BR 1BA proprietor's quarters. Convenient location on Hwy 46, the primary north/south highway in Oxford, and near the Cardinal Country Club.
Details
Continuous construction throughout the area and a contract with the railroad provide an average occupancy of 70%. Hunting season creates 100% occupancy with a waiting list for any vacancy.
New Roof including gutters and downspouts February 2008
Entire exterior painted February 2008
The living quarters have a full unfinished basement, sliding patio doors, all appliances, large laundry room with two washers and two dryers, and has access to the motel rental office.
Each motel room has two double beds, TV with cable, dresser/desk with chair, two lounge chairs, and a coffee maker.
Please call for information regarding the average annual income.
Directions
From US-136 turn north onto Hwy 46/Cornwall Street, continue north to Country Club Drive and turn west to property.
Get directions from your location.
Auctioned
2:00 PM Wednesday, December 10, 2008
Sale Location
On-Site
View current sale schedule for all Nebraska sales
Show Terms of SaleRegistration at the auction confirms your agreement to the terms and conditions of sale as stated in the Contract for Sale of Commercial Real Estate at Auction and its Addenda (the ?Contract?) which are incorporated by reference into your bidding. DO NOT BID unless you have registered, received a Bidder's Card and Sale Day Notes and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.
All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Sale Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. ANY INSPECTIONS, REPORTS, PROPERTY INFORMATION OR SURVEYS MADE AVAILABLE TO BUYER PRIOR TO OR AT THE SALE WERE FOR 'GENERAL INFORMATIONAL PURPOSES' ONLY AND ARE NOT, AND WILL NOT, BE RELIED UPON AS A REPRESENTATION OR WARRANTY OF ANY KIND WHATSOEVER, EXPRESS OR IMPLIED. DO NOT BID if you have not inspected the property(s). If you do not inspect the property(ies) before the auction, you are bidding at your own risk. No sales are contingent on a subsequent inspection of any kind.
Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract, unless stated otherwise. Current year's taxes are pro-rated through day of closing as customary. Please read the Contract prior to bidding to understand all of your contractual obligations, which may include, but not limited to, the payment of a 5% buyers premium to Williams & Williams by the Buyer at Closing.
Each high bidder must make a 10% ($25,000 MINIMUM) Down Payment per property immediately upon becoming the high bidder. Cash, cashier's checks, and company/personal checks (electronically processed) are accepted. The balance of the purchase price and all closing costs are due within 30 days. Read the Contract to determine your costs and obligations. Closing costs generally include, but are not limited to, title exam, title policy, closing fee and filing costs. NO CLOSING EXTENSION WILL BE GRANTED.
Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bidder Card to be recognized. The Auctioneer is the sole arbiter and controller of the conduct of the auction, including but not limited to determination of the high bidder, and shall be the final and absolute authority without liability to any party.
Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the propery(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.
All auctions are subject to court or Seller approval. If you are the high bidder, you have made an offer to purchase the property(ies) that you cannot revoke for 7 business days. Most sales are approved within 7 business days. Buyers are not allowed possession of the property(ies) until Closing, at which time the property should be re-keyed by the Buyer. If for any reason the court or Seller approval is not granted the Down Payment shall be returned in its entirety to the high bidder.
If more than one property, the Auctioneer may choose to offer a group of the properties for auction at the same time. The price being called for and bid is for any one property only. This is called "BUYER'S CHOICE" and is to accommodate bidders who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone, and each sale is made pursuant to the terms and conditions of the Contract. Remaining properties are then offered in another round of bidding. 2nd high bidders do not win a right to choose. Anyone may bid at any time, including prior high bidders.
Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Read the Contract and Sale Day Notes for a full and complete understanding of Williams & Williams' and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or Williams & Williams, or their agents and employees. Bidders are also strongly urged to seek independent legal advice prior the bidding on any property. Property information may change without notice and bidders should investigate all data fully before relying upon it.
Real property in the City of Oxford, County of Harlan, State of Nebraska, described as follows:
TRACT 1:
A FRACTIONAL PART OF LOT ONE (1), BLOCK THREE (3), HARLAN ADDITION TO THE VILLAGE OF OXFORD, HARLAN COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHWEST CORNER OF LOT ONE (1), BLOCK THREE (3), HARLAN ADDITION, BEING THE W¼ CORNER OF SECTION SIX (6), TOWNSHIP THREE (3) NORTH, RANGE TWENTY (20) WEST OF THE 6TH P.M., HARLAN COUNTY, NEBRASKA; THENCE RUNNING EAST ALONG THE NORTH LINE OF SAID LOT ONE (1), BLOCK THREE (3), HARLAN ADDITION, A DISTANCE OF 139.0 FEET TO THE POINT OF BEGINNING, BEING MARKED BY A STEEL PIN; THENCE RUNNING EAST ALONG THE NORTH LINE OF SAID LOT ONE (1), BLOCK THREE (3), HARLAN ADDITION, A DISTANCE OF 139.82 FEET TO A STEEL PIN; THENCE RUNNING SOUTHEASTERLY ALONG THE WEST LINE OF STATE HIGHWAY #46 A DISTANCE OF 238.78 FEET TO A STEEL PIN LOCATED ON THE SOUTH LINE OF SAID LOT ONE (1), BLOCK THREE (3), HARLAN ADDITION; THENCE RUNNING WEST ALONG THE SOUTH LINE OF SAID LOT ONE (1), BLOCK THREE (3), HARLAN ADDITION, A DISTANCE OF 139.82 FEET TO A STEEL PIN; THENCE RUNNING NORTHWESTERLY 238.78 FEET TO THE POINT OF BEGINNING.
TRACT 2:
THAT PART OF THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER (SW¼NW¼) OF SECTION SIX (6), TOWNSHIP THREE (3) NORTH, RANGE TWENTY (20) WEST OF THE 6TH P.M., HARLAN COUNTY, NEBRASKA, LYING WEST OF HIGHWAY #46 AS MORE PARTICULARLY DESCRIBED IN A DEED APPEARING AT BOOK 28, PAGE 269 OF THE DEED OF RECORDS OF HARLAN COUNTY, NEBRASKA SUBJECT TO EASEMENTS OF RECORD, FURTHER DESCRIBED AS:
A STRIP OF LAND LYING OVER AND ACROSS THE SOUTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION SIX (6), TOWNSHIP THREE (3) NORTH, RANGE TWENTY (20) WEST OF THE 6TH P.M., HARLAN COUNTY, NEBRASKA, DESCRIBED AS FOLLOWS:
REFERRING TO THE SOUTHWEST CORNER OF THE NORTHWEST QUARTER (NW¼) OF SAID SECTION SIX (6); THENCE EASTERLY ON THE SOUTH LINE OF SAID SOUTHWEST QUARTER OF THE NORTHWEST QUARTER (SW¼NW¼) OF SAID SECTION SIX (6), A DISTANCE OF 278.8 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING EASTERLY ON SAID SOUTH LINE A DISTANCE OF 99.4 FEET TO A POINT; THENCE NORTHWESTERLY 108°59' LEFT A DISTANCE OF 50.2 FEET TO A POINT; THENCE CONTINUING NORTHWESTERLY 7°58' LEFT A DISTANCE OF 101.0 FEET TO A POINT; THENCE CONTINUING NORTHWESTERLY 7°58' RIGHT A DISTANCE OF 482.7 FEET TO A POINT OF CURVATURE; THENCE CONTINUING NORTHWESTERLY ON A 2251.83 FOOT RADIUS CURVE RIGHT (INITIAL TANGENT OF WHICH COINCIDES WITH THE LAST DESCRIBED COURSE) A DISTANCE OF 410.0 FEET TO A POINT; THENCE NORTHERLY AND ON A LINE WHICH FORMS AN ANGLE OF 10°32' RIGHT WITH THE FINAL TANGENT OF THE LAST DESCRIBED COURSE A DISTANCE OF 99.2 FEET TO A POINT; THENCE CONTINUING NORTHERLY ON A 2235.83 FOOT RADIUS CURVE TO THE RIGHT (INITIAL TANGENT OF WHICH FORMS AN ANGLE OF 08°02' LEFT WITH THE LAST DESCRIBED COURSE PRODUCED) A DISTANCE OF 252.4 FEET TO A POINT ON THE NORTH LINE OF SAID SOUTHWEST QUARTER OF THE NORTHWEST QUARTER (SW¼NW¼); THENCE WESTERLY ON SAID NORTH LINE A DISTANCE OF 41.1 FEET TO THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE NORTHWEST QUARTER (SW¼NW¼); THENCE SOUTHERLY ON THE WEST LINE OF SAID SOUTHWEST QUARTER OF THE NORTHWEST QUARTER (SW¼NW¼) (SAID WEST LINE BEING ALSO THE HARLAN-FURNAS COUNTY LINE*) A DISTANCE OF 500.0 FEET TO A POINT; THENCE SOUTHEASTERLY ON A 2331.83 FOOT RADIUS CURVE TO THE LEFT (INITIAL TANGENT OF WHICH FORMS AN ANGLE OF 12°28' LEFT WITH SAID WEST LINE A DISTANCE OF 286.0 FEET TO POINT OF TANGENCY; THENCE CONTINUING SOUTHEASTERLY, TANGENT, A DISTANCE OF 600.5 FEET TO A POINT OF BEGINNING.
APN: