Property ID : GJ
For Sale $29,500,000 minimum bid - Dairy & Dairy Sites
Bankruptcy Auction at 1:30 pm, August 28, 2019, Fresno, CA
Bids must be received by Trustee no later than August 27, 2019 5:00 pm PDT, including $1,000,000 good funds.
All Prospective Buyers must be pre-qualified.
Email email@example.com for additional information for the overbid procedures.
+/-1,991.45 acres of row crops and a dairy for sale!
5850 Ave 160, Tipton, CA 93272
+/-1,991.45 assessed acres
- Milk Parlors
Main barn: Two (2) double-26 Herringbone
Hospital barn: Double 12 Herringbone
+/-4,055 headlocks in Freestall barns, +/-1,800 headlocks in open corrals with shades (including maternity barn), +/-2,649 heifer stanchions plus cables, and +/-2,640 calf hutches.
- Ground Water
Ground water is supplied by multiple deep ag wells. See map below.
- Surface Water
+/-229.81 acres subject to waste water agreement with neighboring dairy.
+/-1,239.2 acres is in Lower Tule ID with multiple turnouts and booster pumps supplying surface water.
Tulare County APNs: 200-160-002, 005, 006, 007, 009, 010, 012, 013, 014, & 016, 200-190-004, 005, 006, & 007, and 228-270-003.
Marc Schuil (559) 280-1750 firstname.lastname@example.org CalDRE: 00815172
Scott Schuil (559) 859-9734 email@example.com CalDRE: 01877812
Jonathan Verhoeven (559) 707-5658 firstname.lastname@example.org CalDRE: 01966852
- Auction Date
August 28, 2019 at 1:30 pm PDT
- Auction Location
- Assets Included
All land (approximately 1,991.45 acres), buildings, water rights, as specified dairy equipment, office equipment, irrigation equipment and other tangible assets as specifically defined in the APA.
- Assets Excluded
Livestock, farm equipment, crops, litigation claims, milk supply contracts, cash and accounts receivable, as specifically defined in the APA.
Potential Bidders must submit, before 5 pm PDT on August 27, 2019 (1 day prior to auction), the following: A written offer for no less than the minimum bid, financial statements demonstrating the ability to close in a timely manner, and a deposit in the amount of $1,000,000. All offers must set terms and conditions that are the same or better than existing agreement. All offers must have a closing date of no later than January 23, 2020. No overbid will be accepted if it contains contingencies. Further due diligence materials will be provided to qualified buyers.
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