HBP Gas & Oil Rights
Location: W. Center Street Ashtabula, Ohio 44004. GPS Coordinates: 41.897773,-80.707937. From Ashtabula take US 20/Center Street east 2 miles to SR 11 intersection, continue east 3 miles on US 20 to location. From I-90 at Exit 228 take SR 11 north 3.5 miles to US 20/Center Street and east to location.
Thursday May 24, 2012
Bidding Ends 6:00PM*
20.3 Acres * Kingsville Twp. * Ashtabula Co. * Buckeye Local Schools * Wooded Acreage Exc. Location * Minutes to Ashtabula, Lake Erie & I-90 * HBP Gas & Oil Rights Offered Separate
Opportunity for investment in northeastern Ohio only minutes from Lake Erie within an hour drive of Cleveland, 45 minutes of Erie PA and 10 minutes east of Ashtabula. The property is wooded with good frontage along US 20/W. Center Street. The gas and oil rights are HBP (held by production) and will transfer to the gas and oil rights buyer subject to the existing lease. The property will be offered in two parcels, Parcel 1 consisting of the land (surface rights), excepting the gas and oil rights and Parcel 2 consisting of the gas and oil rights, subject to the existing lease. For maps, parcel information, title opinion and online bidding terms please visit our website www.kaufman-auctions.com or contact Jason or Anthony. Terms: 10% nonrefundable down payment, balance at closing, no financing contingencies. In bidding buyer is asserting that they will have the funds to close. 10% buyer’s premium will be added to highest bid price to determine final contract price. *Any bid placed in the last 5 minutes will extend auction additional 5 minutes. Any required inspections must be completed prior to bidding. Acreage amounts, frontage markers are approximate and subject to final survey, if required. All information gathered from sources deemed accurate but is not guaranteed. Buyer must independently investigate and confirm any information or assumptions on which any bid is based. Complete terms and bidding available online at www.kaufmanrealty.com Legal: Parcel # 280380000600 and 280380000500 located in Kingsville Twp of Astabula County and the Buckeye Local Schools. Taxes are $223.90 per half yr.
Sale by the Order of:
Strasland LTD
KAUFMAN REALTY & AUCTIONS
888.852.4111 or http://www.kaufmanrealty.com/
JASON MILLER, CAI AUCTIONEER
740.541.7475 or [email protected]
D. ANTHONY KAUFMAN, CAI/BROKER
330.231.4211 or [email protected]