Boondocks Auction 14.46 ac +/-, Truck Stop | Restaurant | 30 Unit Hotel/Motel

3093 220th St, Williams, IA 50271

November 28th
10:00AM

Bid Online

Auctioneer: David Whitaker

515-460-8585

Location

Details

Boondocks Auction 14.46 ac +/-, Truck Stop | Restaurant | 30 Unit Hotel/Motel

Location of Auction:

Titan Machinery Building; 3093 220th St, Williams, IA 50271

General Description:

The property is composed of one tract of land totaling 18 acres, more or less, in Sec 33-89N-23W 16.41 Taxable Acres

Iowa DNR Reg # 198608152

Location of Land

Located at exit 144 on the North East corner of Interstate 35.

Truck Stop/ Restaurant -3065 220th St, Williams, IA 50271

Hotel -7518, 3061 220th St, Williams, IA 50271

Legal Desctription

16.46 Acres located in SW of the SE Sec33-89N-23W

Zoning

Property is classified as Commercial

Under Ground Storage Tanks

See the documents tab for the NFA certificate.

Possession

Possession will execute on December 31, 2018

Individual Tract Information

Tract 1 - Bid as a whole amount on 18 acres Truck Stop | Restaurant | Hotel | Personal Property

Restaurant

Restaurant (All Equipment Included)

Year built – 1972 Walk-in Freezer Addition in 2000

Building Area 5,180 Sq ft

Gross Building Area 11,580 Sq Ft

Occupancy - Restaurant

Label - B1-1S BRK/BLK

Ceiling – Suspended Blk- Mineral

Exterior Walls Brick on Block – 8”

Floor Covering – Ceramic, Carpet, Quarry tile

Framing R’Conc- Average

Foundation – Reinforced Concrete

HVAC – Combination FHA- AC

Roof Covering Rubber Membrane/ Conc

Bathrooms –

Water closet qty-5, Urinal qty-2, Lavatory qty-5, Sink kitchen qty- 2, Stainless stl triple sinks qty- 2

Convenience Store

Convenience Store/ Truck Stop (All Equipment Included)

Year built – 1984

Building Area 3,304 Sq ft

Gross Building Area 11,580 Sq Ft

Occupancy – Store - Convenience

Label - A1-1S BRK/BLK

Ceiling – Suspended Blk- Mineral

Exterior Walls Brick on Block – 8”

Floor Covering – Ceramic, Carpet, Quarry tile

Framing R’Conc- Average

Foundation – Reinforced Concrete

HVAC – Combination FHA- AC

Roof Covering Rubber Membrane/ Conc

Bathrooms –

Water closet qty-4, Urinal qty-2, Lavatory qty-4, Stall Shower- 2

Hotel | Motel

Hotel / Motel (All Furnishings Included)

Year built – 1979

Units-30

Building Area 11,016 Sq ft

Gross Building Area 13,568 Sq Ft

Occupancy – Hotel/ Motel

Label – B1-1S FR

Ceiling – Drywall - textured

Exterior Walls- Vinyl Frame

Floor Covering – Vinyl, Tile, Carpet

Framing Wood- Average

Foundation – Reinforced Concrete

HVAC – Hot Water/ Room AC units

Roof Covering- Asphalt shingles

Bathrooms – 30

Common Area – 1,516 Sq Ft

Managers Apartment – 1,036 Sq Ft


Hotel Garage

Year built – 1985

Building Area 280 Sq ft


Mechanics Shop

Mechanic Shop (Lift and Shop Equipment Included)

Year built – 1972

Building Area 2,880 Sq ft

Gross Building Area 11,580 Sq Ft

Occupancy – Metal Shop – Steel Frame

Label – A3-1S MTL/STL

Bathrooms – Lavatory qty-1

Out Buildings

Out Building 1 Metal Warehouse 32’ x 106’ x 14’

Year built – 1984

Building Area 3,392 Sq ft

Gross Building Area 3,392 Sq Ft

Occupancy – Metal Warehouse - Steel Frame

Label – B2-1S MTL/STL

Out Building 2 Metal Shed 10’ x 30’

Year built – 1974

Building Area 300 Sq ft

Gross Building Area 300 Sq Ft

Occupancy – Metal Shed - Wood Frames


Out Building 3 Metal Warehouse 32’ x 106’

Year built – 1977

Building Area 1,500 Sq ft

Gross Building Area 1,500 Sq Ft

Occupancy – Metal Warehouse - Steel Frame

Label – B2-1S MTL/STL


Showing

Showing by Appointment Only

Fuel System and Amenities

Fuel System / Other Amenities

30,000 Gal Propane Tank

2-12,000 Gal Fuel Tanks Horz stl-Dual w/ saddles

1-26,000 Gal Fuel tank Horz stl-Dual w/ saddles

Tank piping 1977

Tank Pump Stations 1977

Tank Containment Area 1974 Concrete 528 Sq Ft

Tank Containment Area 1974 Concrete 784 Sq Ft

Lighted Canopy- 1974 2,640 Sq Ft

Lighted Canopy- 1996 2,948 Sq Ft

Fencing- 1995 112’

Paving- 197 165,300 Sq Ft (Truck Stop)

Paving- 24,600 Sq Ft (Hotel)

Sign Poles- Steel 1974 (80’ tall 18” diameter)

Sign Poles – 1974 (20’ tall 4” diameter)

Sign Poles - 1974 (15’ tall 15”diameter)

Sign Poles – 1985 (20’ tall 16” diameter)

LP Tank 30,000 Gallons

Wind Turbine 1990

Taxes

Parcel ID 2018-2019 Taxes (16.41 Taxable Acres)

40892333400004 $16,996.00

HTTP://HAMILTON.IOWAASSESSORS.COM/PARCEL.PHP?GID=6924

04089233400003 $8,310.00

HTTP://HAMILTON.IOWAASSESSORS.COM/PARCEL.PHP?GID=6923


Total Estimated Tax $25,306

Terms and Conditions

TERMS AND CONDITIONS The Business will be offered as one tract of land. “The land will be offered at auction on November 28, 2018, 10:00 a.m. at the Titan Machinery Building; 3093 220th St, Williams, IA 50271. Bidders will have the option to bid on tract 1 comprised of 18 ac +/- , as well as the buildings located on the property to include all the personal property. Bidders will bid as a whole dollar amount. There will be a 5% Buyers Premium added to the hammer price. “Earnest money in the amount of ten (10%) percent of the contract price shall be due the day of the sale. Earnest money paid the day of the sale will be deposited in the Real Estate Trust Account of the Seller's Attorney by the following business day. Certified funds will be required at the time of closing for the remaining balance of the purchase. “The real estate taxes will be pro-rated to the day of closing. "The balance shall be paid in the form of certified funds upon closing, on or before December 31, 2018. A Warranty Deed will convey the title. Updated abstract(s) will be provided to the buyer at the seller's expense. “The current owner/tenant will have farming rights until March 2019.”The seller reserves the right to reject any and all bids."

HEL & WETLANDS

Land is classified as NHEL

CROP Contract

ARC County, currently farmed by tenant for the 2018 crop year.

FSA Farm #

1949

FSA Tract #

#6781

FSA Farmland Acres Total

3.43

FSA Cropland Acres Total

3.43

FSA DCP Cropland Total

3.43

CSR2

81.9 (Source) Agridata

Corn Base

3.43

Whitaker Marketing Group stipulates that they are representing the seller exclusively in this transaction.  

Auctioneer: David Whitaker

515-460-8585

Location

Photos