Public Auction

Saturday, February 15th, 2020, 10:00 AM

 

Country Acreage Between Elk City & Sayre
And Oil, Gas, & Minerals

 

Sales Results:
Real Estate: $1,500 Per Acre
Minerals: $890 Per Acre

 

Sale Location: Beckham County Activity Barn, Sayre, Olkahoma (East of the Historic Beckham County Court House)

Auctioneer's Statement: It is a privilege to conduct the auction of this special 80 acres and mineral interest located between Elk City and Sayre and it would be a good addition to a ranching operation or a great homesite!

Legal Description: Lot 3 and SE/4 NW/4 also know as East Half of the Northwest Quarter (E/2 NW/4) of Section 2, Township 10 North, Range 23 W.I.M., Beckham County, Oklahoma. (Surface Only)

Mineral Rights: An undivided 16.25/160ths interest in the oil, gas and other minerals in and under the West Half of the Northeast Quarter (W/2 NE/4) and the East Half of the Northwest Quarter (E/2 NW/4) of Section 2, Township 10 North, Range 23 WIM, Beckham County, Oklahoma. An undivided 8.75/160ths interest in the oil, gas and other minerals in and under the Southwest Quarter (SW/4) of Section 35, Township 11 North, Range 23 WIM, Beckham County, Oklahoma.

Real Estate Location: From Interstate 40 & Cemetery Road “Exit 26”, Go 2.8 miles north on Cemetery Road to County Road #E1130, then west on County Road E1130 .50 miles west to property located on south side of road. (Watch for auction signs)

Real Estate Description: This 80 acres M.O.L. would be a good addition to a ranching operation or a great potential for a home site. The property is located between Sayre and Elk City. The property has been surveyed. There will be a property fence built on the east side of the property prior to closing of the property sale. The property also has a Wind lease agreement that is from 2016 to 2023 with an annual option payment of approximately $705 per year.

 

For More Information, Please See Brochure!

Leon Duane Jackson

Conducted By Richard E. Cobb Auction & Realty

Richard E. Cobb,CAI,AARE • Auctioneer/Real Estate Broker • Certified Appraiser

(580) 225-6743• P.O. Box 982 • Elk City, Oklahoma 73648

We Act As Agents & Agents Only • Not Responsible For Accidents

Any Announcements Made Sale Day Supersede All Other Announcements

Every Effort has been made to assure the accuracy of the information with no guarantee of authenticity