Hotel Juliet - Tract 5

June 4, 2024
, Kansas
160+/- Acres

Auction: Hotel Juliet, LLC – Tract 5 – 160 +/- Acres

400th & Missouri Rd., Iola, Kansas 66749
160.00 +/- 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 5 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 3:00 p.m. on June 4th, 2024.

To register to bid, please click on the following link:

Totaling 160 acres more or less, Tract 5 is located not far south of Highway 54 in the stretch between Iola and Piqua at the intersection of 400th and Missouri Road. It features tame grass pasture with a creek and two ponds, upland tillable, excellent hunting appeal and inherent beauty, most notably the views provided by a huge elevation change as you move across the property from the east to the southwest corner. You can see for miles from this panoramic vista and it would make an excellent potential homesite.

The recreational buyer will find the hunting attributes to be easily self-evident with substantial whitetail population calling it home. There are two timbered creek drainages meandering through the property from north to south with one near the east boundary and the other through the central section. The cropland portion is in a secluded area far from the road and flanked by timber providing privacy from prying eyes watching from the roads.

The cropland totals 31.22 acres according to FSA records with the overwhelming majority soil type within the tillable portion being Kenoma silt loam. The pasture section is mostly made up of fescue and has two ponds providing livestock water in addition to the creeks. The boundary fences are barbed wire and rate from adequate to good depending on the section.

For rural water information, please contact Woodson County Rural Water District #1 at 620-468-2385. It is our understanding that there’s a rural water line not far from the west boundary of this tract but that will be up to potential buyers to confirm this and acquire availability details.

Call Cameron Roth at 785-917-0867 for more information or to set up a tour.

Driving Directions: From Iola, take Highway 54 west for 4.75 miles to 400th Rd. and turn south. Proceed 1.5 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 3:00 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: The SW 1/4 of Section 1, Township 25 South, Range 17 East of the 6th P.M., Allen County, Kansas.  160 acres, more or less.

Taxes: $1,263.64.

Earnest Money: $30,000.00 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.

Minerals: Any oil and gas interests possessed by the Seller shall transfer to the Buyer. See the preliminary title commitment for information regarding minerals.

Related Documents

Property Map

Contact Agent

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