AUCTION - RARE & SPECIAL OFFERING - UNIQUE TIME SENSITIVE OPPORTUNITY - AUCTION
The Process: Sealed Bids will be accepted by Tony Langdon Auction Properties until 12:00 Noon on Tuesday, February 26, 2013. Once the deadline has been reached, EVERY BIDDER will be notified (by email, text and/or telephone) of the highest bid that was received. EVERY BIDDER will be extended an opportunity to increase their initial bid. Upon Seller Conformation of the high bid received, the FINAL HIGH BIDDER will be determined and announced as the BUYER by 5:00pm of the same day. SELLER RESERVES THE RIGHT TO ACCEPT ANY BID RECEIVED ON THE PROPERTY PRIOR TO THE DEADLINE. 2% Real Estate Agent Incentive available. Contact Tony Langdon for additional information and to request a SRC Ranch Sealed Bid Packet.
The Seller: Steve Cruse has made SRC Ranch the home of over 100 Appaloosa National and World Champions over the past 7 years. His attention to detail extends far beyond the horses as you will notice the moment you drive through the gates of this beautiful ranch. This world class training facility is absolutely immaculate, a stunning and fitting showcase for the many world champions that have passed through its gates. It is a rare occasion that a property of this magnitude is offerred for sale at auction. You are encouraged to take advantage of this unique opportunity as it could years, possibly decades before this property is offered for sale again.
The Property: Located in the most exclusive area in the very Heart of Horse Country on St. Johns Road, arguably the most beautiful stretch of horse properties in the Unitied States. The ranch consist of 28.9 pristine acres of coastal pastures, pipe fencing and paved drives with gated entrances leading to the Main House and another to the Equine Facility. The 3 bedroom, 3.5 bath home with a study and 2 fireplaces is nestled in a grove of mature trees with a large shaded patio that's perfect for afternoon and evening entertaining. The climate controlled main barn features 12 oversized stalls, rubber brick alleyways, office with trophy room, tack room, laudry room, feed room, 2 bathrooms, laboratory, 2 grooming stalls, breeding stocks and wash rack leading to the indoor arena. The lighted covered arena is 120' x 200' with 5' solid metal fencing. Adjacent to both the main barn and the indoor arena is a 20 stall heated show barn with welded mesh wire fronts offering maximum ventilation, tack room, grooming stall and a wash rack. There are 4 turnout paddocks with loafing sheds and 6 other separate pastures with 4 ponds, half which have loafing sheds. On the rear of the property are 2 mobile homes for the ranch employees and both a 3 bay hay barn and 3 bay workshop.
The Location: The ranch is located 1.3 miles west of Hwy 377 at 11000 St. Johns Road in Pilot Point, Texas. It's a quick 15 minute drive into Denton or to reach I-35W for easy access to Dallas, Fort Worth or DFW Airport, all in less than one hour. A tremendous central location for the horse enthusiast with its proximity to Fort Worth, Oklahoma City and Tulsa, the chosen sites of most major equine events.
The Terms: The Property sells "AS IS" with no guarantees. It is the sole resposibilty of a potential buyer to both inspect and research the property prior to entering a bid. The outcome of the sealed bid auction is not subject to post sale inspection or any contigencies, financial or otherwise. The Buyer must execute the auction contract within 24 hours following acceptance of the high bid. A 10% deposit is required upon the execution of the contract with the balance due in 30 days at Closing. The deposit will be non-refundable if the Buyer is unable to meet the closing deadline. Fidelity National Title in Corinth will conduct the Closing.
Seller would execute a short term lease if the Buyer is not prepared to occupy the property immediately
SRC RANCH MAY BE VIEWED BY APPOINTMENT ONLY. PLEASE CONTACT TONY LANGDON TO SCHEDULE A PRIVATE VIEWING OF THE PROPERTY. 2% REAL ESTATE AGENT INCENTIVE AVAILABLE.
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