Thursday, September 24 11:00 am
Musising, MI

Brochure


Description

Complete Liquidation of Hiawatha Log Homes, Inc. on 52 Acres of Industrial Land!!
LATE MODEL BEZNER CUSTOM LOG HOME
MANUFACTURER OPERATED THROUGH 2009
25,460 sq. ft. in 5+ Buildings
Including An Amazing 8,760 sq. ft. Log Office
52.2 acre Industrial Site

$1,000,000 Expansion in 2007 with a 30% Increase in Production Capabilities
8,760 Sq. Ft. Amazing Log Office Building
This custom built log building is beyond description! Absolutely stunning d├ęcor! The quality of craftsmanship and design is unsurpassed, and would cost well over $600,000 to duplicate this one-of-a-kind structure. A perfect location for an office/design studio or on-site owner housing.

8,700 Sq. Ft. Mill Building
2,400 Sq. Ft. Shop Building
2,100 Sq. Ft. New Kiln Building
3,500 Sq. Ft. Older Kiln Building
Other Miscellaneous Buildings

Zoned Industrial
Gravel Driveway and Parking

MANNER OF SALE:
Tract 1: All Real Estate including Kilns
Tract 2: Main Milling Line as noted in Lot 10
Tract 3: An Entirety Purchase of Tracts 1 and 2
The property will sell whichever way brings the highest dollar.

Equipment: All remaining equipment, excluding Lot 10 (Main Milling Line), will be sold piecemeal after Tracts 1 & 2.

Internet Bidding is Available on Tract 2 and all Equipment.

INSPECTIONS:
Thursday, September 10 - 11 am to 3 pm
Friday, September 11 - 11 am to 3 pm
Wednesday, September 23 - 11 am to 5 pm
Other times available by appointment.

Broker Participation is welcome, but not required. A 1% Commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his behalf, or on behalf of any business entity in which he holds an interest, is not entitled to a commission.

Payment Information


REAL ESTATE: $50,000 Certified Deposit due on day of Sale, with a deposit equal to 10% due within 2 business days, and balance due at Closing within 30 days.

EQUIPMENT: Purchases are payable in full on day of sale.

Full Terms

REAL ESTATE & EQUIPMENT: 10% Buyer Premium. EQUIPMENT: 13% Online Buyer Premium.

Real Estate selling Subject to Owner Confirmation. Attorney Randy Osstyn, Osstyn, Ferns & Quinnell, 906-228-3650, is coordinating the closing.

Real Estate is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidder Kit for complete terms. In all transactions, auctioneer is acting as an Agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at the auction takes precedence over any material published about this event. Valid Government Issued Photo ID required to obtain bidding number.