171 Acres Bridgeport Land Auction
Online only bidding is open & ends Monday November 29th 7:00 PM
171 Acres Near Hinkle Lake, Bridgeport School District, Harvestable Timber, Recreation Land, Privacy, Convenient Location
Viewing & Inspections by Appointment
Property is located 3 Miles from US Route 50 (Main Street in Bridgeport) Take Route 58 (South Virginia Ave) To Rt. 26 Hinkle Lake Road, turn on Briarwood Road, keep right on Douglas Run/Deer Creek Road .4 miles to the property on the right.
Unique opportunity to own a sprawling 171 +/- acres in Bridgeport School District! Near Hinkle and Deagan Lakes & Briarwood Park. This property is private and has building potential. Excellent hunting and recreation opportunity. Harvestable timber. Located only 4 miles from downtown Bridgeport. The acreage is nearly 100% wooded with harvestable standing timber. Immediate hunting rights convey to the high bidder. Legal: District 15, Map 330, Parcel 24 171.83 acres surface only. DB. & PG. Ref. 1600-1187.
KAUFMAN REALTY & AUCTIONS OF WV
399 W. Main St.
Bridgeport, WV 26330
David Anthony Kaufman, Broker
Alden Butcher- Sale Leader
Auc. Lic #1918
John L. Spiker
Auc. Lic #184
Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days (whichever is first). Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for all wire transfer fees.
Contract Documents will be sent by e-mail to the successful bidder and must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.
At the close of bidding, the system is set to (Extend All) add a 5 minute extension when a bid is placed on any 1 lot within the last 5 minutes and will do so until no one bids during the allotted time.
Buyers Premium Example:
Bid Price: $100,000
Plus 10% Buyers Premium: $10,000
Total Contract Price: $110,000
Down Payment $11,000
DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only.
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.
All square footage and Acreage are approximate. Any Maps that are not marked or stamped buy a licensed surveyor are not to be used as such. The Auction Company may provide aerial maps to give approximate boundaries.
BUYER/BROKER INFORMATION: Up to 1% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form, or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.