Harbor Inn Motel iAuction

Harbor Inn Motel iAuction

18552 Harbortown Road, Monroe City, MO 63456

Open House Saturday, April 9th 10am-12pm and Saturday, April 16th 10am-12pm.

Situated on Rte. J near the Mark Twain Lake and just minutes from the Landing Water Park, Spalding Beach and multiple boat ramps for Mark Twain Lake and the Salt River, The Harbor Inn is a 40-room motel in the center of it all. Of the 40 total rooms 36 are ready to use with 33 of them having double beds and the remaining 3 having a single bed. The 2.65-acre property boasts an outdoor pool and an abundance of boat parking with plug-ins for boats as well.

Nearby Mark Twain Lake provides 55,000 acres of recreation to the public for fishing, boating, hunting, hiking and many other outdoor activities. One of the main attractions to the area is the Golden Eagle Buddy Bass Tournament, a 2-day event held in September that is the largest tournament on the Lake. Another main event is the Mark Twain Lake Rodeo, an annual 3-day rodeo held around the 4th of July that’s now in its 30th year. With over 2 million people visiting the Mark Twain Lake recreation area each year, the Harbor Inn is situated in an ideal location to attract visitors all year long.

For more information call Jason Chinn (660)541-5058.

www.exploremarktwainlake.com

www.marktwainlanding.com

Terms & Conditions

1. PROCEDURE: Bidding ends Wednesday, April 27, 2016 at 10:00 a.m., with a soft close, meaning that a last minute bid will extend bidding by 5 minutes.

2.BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sale price.

3. ACCEPTANCE OF BID PRICES: Winning bidder(s) will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction the winning bidder will be forwarded via email a Contract to Purchase. A signed copy of the contract must be received by United Country iAuctionandRealty.com on or before 12:00 NOON, Thursday, April 28, 2016 (hand delivered, faxed or scanned and emailed). All final bid prices are subject to approval or rejection by Seller.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Bidding is not contingent upon financing. The balance of the purchase price will be due at closing.

5. CLOSING: Closing shall be on or before 3:00 p.m., Wednesday, June 08, 2016.

6. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant, if any.

7. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).

8. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description sufficient to convey title.

9. REAL ESTATE TAXES: Seller shall pay 2015 and all prior year real estate taxes if any. 2016 Real Estate taxes shall be pro rated to the date of closing.

10. Under no circumstances shall Bidder have any kind of claim against United Country iAuctionandRealty.com, or anyone else if the Internet service fails to work correctly before or during the auction.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.