Hotel Juliet - Tract 3

June 4, 2024
, Kansas
70+/- Acres

Auction: Hotel Juliet, LLC – Tract 3 – 70+/- Acres – 6/4/2024

1100th & Massachusetts Rd., Humboldt, Kansas 66748
70.00 +/- Acres

Property Description

Vaughn-Roth Land Brokers is very honored to represent Allen Wise with the sale of his Allen County, Kansas real estate holdings entitled Hotel Juliet, LLC. Mr. Wise is widely accepted as possessing one of the sharpest business minds to hail from the great State of Kansas and we appreciate being chosen to represent him for the second time.

No matter what buyer type you are, you’ll find something you like within this diverse offering. From Neosho River cropland to premier hunting attributes to pasture and hay meadow to support your cattle operation, you’ll find it all right here. Many of these parcels also have utilities nearby as well if you’re searching for a rural oasis to build your forever home or just a quiet retreat from the noise of the city.

This offering totals seven individual tracts with two adjoining tracts also being offered in combination. Tracts 1-5 will be offered individually only while tracts 6 and 7 will be offered individually and then in combination with the property selling in whichever form garners the most proceeds. Tract 3 is being offered via online auction that will begin at 12:00 p.m. on June 1st, 2024 with a dynamic closing to start at 12:00 p.m. on June 4th, 2024.

To register to bid, click on the following link:

Tract 3 totals 70 acres more or less and is conveniently located on pavement between Iola and the energized, bustling burb of Humboldt. Composed of cropland and tame grass pasture with two ponds, this parcel is geared towards the ag operator with some possible building appeal depending on public water availability.

The majority of the cropland is in the west 1/2 with that field totaling 34.76 acres and another small tillable field in the northeast corner that totals 2.48 acres according to FSA records. The large field features good Class 2 Woodson silt loam while the smaller field is composed of Kenoma and Zaar varieties. The pasture acreage is approximately 30 acres with the dominant grass type being cool season fescue. The pasture is enclosed by barbed wire fences along the boundaries with those fences rated adequate to good depending on the section. There are two ponds within the pasture portion to provide abundant water for your livestock in normal precipitation years. There’s also a barn on the property that needs some work but could be made operational again with some materials and sweat equity.

If you are interested in public water access, it’s our understanding there’s a water tap near the northwest corner of this tract. This doesn’t necessarily mean the Buyer of this property could obtain a water meter which would be required to access public water. Please contact the City of Iola for more details on public water availability and costs by calling 620-365-4926.

For further information on this offering or to set up a tour, please contact Cameron Roth at 785-917-0867. This efficient property is ready to go to work for your operation!

Driving Directions: From Humboldt, take 9th St. north out of town for 3 miles and the property begins on the east side.

This real estate is being offered via online auction that will begin at 12 p.m. on June 1st, 2024 with a dynamic closing to start at 12:00 p.m. on June 4th, 2024.

All auctions will begin at 12:00 p.m. on June 1st, 2024 with the following dynamic closing schedule:

Tract 1: 9:00 a.m. on 6/4/2024

Tract 2: 11:00 a.m. on 6/4/2024

Tract 3: 12:00 p.m. on 6/4/2024

Tract 4: 2:00 p.m. on 6/4/2024

Tract 5: 3:00 p.m. on 6/4/2024

Tract 6: 4:00 p.m. on 6/4/2024

Tract 7: 5:00 p.m. on 6/4/2024

Tract 8: 7:00 p.m. on 6/4/2024

Legal Description: A tract containing 70 acres, more or less, in the N 1/2, SE 1/4 in Section 16, Township 25 South, Range 18 East of the 6th P.M., Allen County, Kansas.  70 acres, more or less.

Taxes: $872.06.

Earnest Money: $20,000.00 due on day of the auction.

Closing: On or before July 9th, 2024.

Possession: Full possession shall be granted after harvest of the currently growing 2024 crop.

Farm Lease: The Buyer shall receive 1/3rd of the proceeds of the currently growing grain crop less 1/3rd of chemical and fertilizer cost. There will be no grass related lease proceeds payable to the Buyer as the Seller and Tenant have had a partnership arrangement on cattle.

Related Documents

Property Map

Contact Agent

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