In times like these, an auction is the best way to establish what real market value is
Kansas City, MO (PRWEB) August 16, 2012
Qualified buyers will have the opportunity to purchase roughly 475 acres of land in Kiowa County, Kan., and its mineral rights on September 10. The acreage and the mineral rights will be offered to the public separately or as a whole.
Conducted by Brian Rose, owner and auctioneer with United Country – Red Hills Realty & Auction, the live auction will take place at John Deere BTI Wind Energy Building at 15477 U.S. Hwy 54 in Greensburg, Kan., and online through http://www.proxibid.com/redhills. Registration for the event will begin at 9:30 a.m., and the auction will take place at 10:30 a.m.
“Our seller recognizes the value of using an accelerated method of marketing – in other words, an auction – to sell their property,” said Rose. “What does this mean for buyers? It means they have the opportunity to purchase great Kansas acreage and mineral rights at an affordable price. Today’s market conditions and the auction format allow sellers and buyers to come to a meeting of the minds quickly with a competitively achieved fair market value. In times like these, an auction is the best way to establish what real market value is.”
This fourth-generation farm is located 13 miles southwest of Greensburg, in Kiowa County, Kan. It offers approximately 475 acres – roughly 323.2 in tillable crop ground, 91.6 in CRP land, and 59.5 in native grass and waterways. Situated three miles north of the Comanche County Line and two miles west of U.S. Hwy 183, this land is located in the middle of the Mississippian Oil and Gas Play, Wildlife Hunting Unit #16 and near expanding wind development. The property includes a producing gas well, as well as a salt-water disposal well.
Detailed information about the property for sale, as well as details about the auctions, can be found online at http://www.UCRedHills.com, or by contacting Linda Hart, sales associate for United Country – Red Hills Realty & Auction, at Linda(at)UCcoldwater(dot)com or by calling 620-635-5344.
About United Country
United Country Real Estate is the largest fully integrated network of conventional and auction real estate professionals in the United States and Central America. The company has been an innovator in real estate marketing since 1925. United Country supports nearly 550 offices across the U.S., Costa Rica, Panama and resort areas of Mexico, with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing websites (more than 3,000 separate sites and traffic of approximately 3 million visitors per month), multiple United Country real estate catalogs with national distribution , an extensive buyer database and national advertising of local properties that reaches more than 90 million homes per week. United Country has recently been recognized by Franchise Business Review, AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.