Page 1

**ATTENTION BUILDERS, HOMEOWNERS AND DEVELOPERS** Of 11 Prime Rock Valley, IA. Residential Lots in the Starkweather Addition

Thursday, April 30, 2009 Sale time: 6:00 PM

Location: from the Stone Soup Café in Rock Valley, IA go 3 blocks East on 15 th St. Auction to be held at site of lots---Signs will be posted!! In case of inclement weather -sale will be held at Rock Valley High School Commons

Auctioneers note: The Rock Valley Community School District has asked us to conduct an auction of the 11 prime lots located where the former elementary school was located. This is a prime location to build the home of your dreams—close to schools and downtown. Now is a great time to build with low interest rates and great city incentives. Legal Description: Lots 1 2 3 4 5 6 7 8 9 10 11 of the Starkweather addition incorporated into the City of Rock Valley, IA, Sioux County, IA, subject to all public easements and public streets and covenants and/or city ordinances of record. General Description: Selling will be a choice of 11 residential lots ranging from 80’ to 95’ wide and approximately 140-150 ft deep. This newly plotted area offers a very attractive location with a park area adjacent to the lots. There will be both North and South frontages available. An opportunity like this truly presents itself only once in a lifetime. Method of Sale: There will be an opening minimum bid on each individual lot of $15,000.00. The first successful bidder and each subsequent successful bidder will have the first choice to purchase up to 3 lots per successful bid. Terms: Buyer(s) will be required to pay a non-refundable 10% of the purchase price of each lot immediately following the auction and also agree to enter into the following terms in a purchase agreement: The full balance will be due on closing day June 8, 2009. All sales subject to school board approval and public hearing. Upon closing day, buyer(s) shall receive deed and abstract to the lot purchased. All buyer(s) will agree to purchase lots and abide by the covenants set forth for the Starkweather Addition. All sales subject to confirmation of the sellers. All information is deemed to be reliable but agents make no warranties or guarantees and all buyers are encouraged to inspect the property and verify all data. NOTE: A copy of the plat and covenants are available by contacting the Rock Valley Community School or auctioneers and Real Estate Brokers listed below. Auctioneers and Real Estate Brokers are representing the sellers in this transaction.


MARK ZOMER-712-470-2526 DARRELL VANDE VEGTE-712-726-3428 GARY VANDEN BERG-SALES-712-476-5843


lot auction