TWO NICE COMMERICAL BUILDINGS & 4.66 +/- ACRES

AUCTION LOCATION: From the Garber Exit & Highway 412 (approx 15 miles east of Enid, OK.) take access road to red/white buildings.

This commercial property consists of approximately 4.66 acres and is improved with two large steel commercial buildings. Building # 1:  is 80’ x 200’ with 14’ sidewalls, concrete floor, single & triple phase electric, overhead bridge cranes, 3 sliding bay doors, and Solar radiant heat. Building # 2:  is 40’ x 240’ with a 30’ x 50’ attached office and a 20’ x 200’ attached extension. The office consists of 5 offices, bathrooms, break room, storage room and CH&A. The shop area is mostly open with a bathroom, break room, overhead bridge cranes, and single & triple phase electric and 3 sliding bay doors. The balance of the yard is graveled and open storage.

Legal Description: Lot (1) and (6), Block (2) of Reim Addition in the SW/4 of 12-22N-4 Garfield County, Oklahoma.

Taxes:  $842.72

Water:  Kay County Rural Water tap

Possession: will be given at closing.

Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Financing must be in order prior to bidding.

Personal Property Will Sell Immediately After The Real Estate!

Vehicle/Trailers:  1999 Ford F250, Power stroke diesel, 157K± mls, flat bed w/GN hitch; Big Ox 14’ steel enclosed trailer; nice 14’ utility trailer w/ramp; Shop Built 24’ gooseneck tandem axle trailer w/ramps;

Shop Equipment: 2- Delta 175 psi, 6.5hp, 80 gallon air compressors; MG Industries cutting table w/Burny CNC 3 controller and HL-8 Linatrol; Uni-Hydro 80T mod 80-24 Ironworker; Center Engineering mod MM35A metal muncher; Wellsaw mod 1000 metal band saw; large older metal band saw; Thermal- Dynamics cutmaster 38 plasma cutter; Miller CP-302 wire welder w/Miller S-22 feeder; hydra-hole punch; 4-Lincoln LN-7 wire welders; 3-Lincoln CV-300 arc welders; Idealarc CV-400 arc welder; several large shop fans; 5500lb pallet jack; Ramteq power washer; several cordless & power tools; shop vacs; Solar 200 amp battery charger; lots of large drill bits; misc hand tools; David White transit; steel shop carts; several racks for metal storage; etc.

Office Equipment: several nice desks; several office chairs; receptionist chairs; several Dell flat screen monitors/computers; Comdial phone system; several file cabinets; lots of misc office supplies

Pipe/Steel: There is a lot of flat iron of all sizes; angle iron; square tubing; lots of 12” to 48” pipe scraps; lots of misc scrap iron

Terms: Cash or Approved Check only! All information is taken from sources believed reliable; however, no guarantee is being made by the Auction Company or the U.S. Bankruptcy Court. All inspections must be done prior to bidding. Any announcements made the day of the auction supersede all advertising.

 SELLER:  UNITED STATES BANKRUPTCY COURT OF THE WESTERN DISTRICT OF OKLAHOMA