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Updated 2/20/2020 Annual rainfall 20”+ (per NRCS) Currently leased *FSA Farm 5814, Tract 19112 Base Acres - Wheat 501.1 PLC Yield 82 *FSA Farm 5657, Tracts 19111 and 19677 Base Acres - Wheat 15.9 PLC Yield 82 Base Acres - Barley 39.9 PLC Yield 82 *From FSA 156 Farm Record Title insurance issued by Pioneer Title Co, Pullman WA FARMLAND AUCTION Koenig Land Company: 610+/- contiguous FSA acres ONLINE BIDDING ONLY on booker2bid.com Due to Covid 19 restrictions, there will be no on-site auction. Bidding opens online at booker2bid.com on Wed, May 6, 2020 at 10 AM. Bidding closes Tuesday, May 12, 2020, at 2 PM. ONLINE BIDDING on booker2bid.com Anyone intending to bid on line must contact Kincaid Real Estate as soon as possible and no later than 4pm, Monday, May 11, 2020. See REGISTERING TO BID on p. 2 for minimum bidder requirements. Successful internet bidders agree to complete and return a Purchase and Sale Agreement by 2pm, Wednesday, May 13, 2020. All other terms and conditions apply. Subject property located 6 miles east of Colfax, WA and 10 miles north of Pullman, WA Portions of Sections 14, 23 & 24, Township 16 N, Range 44 E, WM Access from South Palouse River Rd, Kenoyer Rd (seasonal) & Abbott Rd Offered in three parcels, separately or in any combination Parcel 1: 106+/- FSA acres Parcel 2: 190+/- FSA acres Parcel 3: 314+/- FSA acres C. D. “BUTCH” BOOKER Broker / Auctioneer e-mail: [email protected] Office: 509-397-4434 Fax: 509-397-4451 kincaidrealestate.com 809 N Main St. Colfax, WA 99111 In Cooperation with Booker Auction Co.

Due to Covid 19 restrictions, there will be no on-site auction. …kincaidrealestate.com/.../Koenig/FACT-SHEET-updated.pdf · Koenig Land Company: 610+/- contiguous FSA acres ONLINE

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Updated 2/20/2020

■ Annual rainfall 20”+ (per NRCS)

■ Currently leased

■ *FSA Farm 5814, Tract 19112 Base Acres - Wheat 501.1

PLC Yield 82

■ *FSA Farm 5657, Tracts 19111 and 19677

Base Acres - Wheat 15.9 PLC Yield 82

Base Acres - Barley 39.9 PLC Yield 82

*From FSA 156 Farm Record

■ Title insurance issued by Pioneer Title Co, Pullman WA

■ Multiple Listing Service #242455

FARMLAND AUCTION

Koenig Land Company: 610+/- contiguous FSA acres

ONLINE BIDDING ONLY on booker2bid.com

Due to Covid 19 restrictions, there will be no on-site auction.

Bidding opens online at booker2bid.com on Wed, May 6, 2020 at 10 AM. Bidding closes

Tuesday, May 12, 2020, at 2 PM.

ONLINE BIDDING on booker2bid.com Anyone intending to bid on line must contact Kincaid Real Estate as soon as possible and no

later than 4pm, Monday, May 11, 2020. See REGISTERING TO BID on p. 2 for minimum

bidder requirements. Successful internet bidders agree to complete and return a Purchase and

Sale Agreement by 2pm, Wednesday, May 13, 2020. All other terms and conditions apply.

Subject property located 6 miles east of Colfax, WA and 10 miles north

of Pullman, WA

Portions of Sections 14, 23 & 24, Township 16 N, Range 44 E, WM

Access from South Palouse River Rd, Kenoyer Rd (seasonal) & Abbott Rd

■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■

Offered in three parcels, separately or in any combination

Parcel 1: 106+/- FSA acres

Parcel 2: 190+/- FSA acres

Parcel 3: 314+/- FSA acres

C. D. “BUTCH” BOOKER Broker / Auctioneer

e-mail: [email protected] Office: 509-397-4434 Fax: 509-397-4451

kincaidrealestate.com

809 N Main St.

Colfax, WA 99111

In Cooperation with

Booker Auction Co.

Updated 2/20/2020

Driving Directions

From Colfax, drive east on Hwy 272 for 5.3 m.

Stay right at the "Y" (Clear Creek Rd).

Go 2.3 m.to Stueckle Rd; turn right.

Go .9 m to S Palouse River Rd where Parcel 1

starts.

Turn left.

Go .8 m and turn right onto Kenoyer Rd.

(KENOYER IS A SEASONAL RD.) Stay on Kenoyer to

Parcels 2 & 3.

Parcel 3 starts at Kenoyer & Abbott Rds.

Abbreviated Terms and Conditions:

Selling legal description – not acres – WITH NO CONTINGENCIES.

Bidding requires prequalification and bidder deposit. (See REGISTERING TO BID on left.)

10% Buyer’s Premium will be added to the high bid to determine the final selling price.

Sale subject to Sellers’ confirmation. 10% earnest money due within two days of mutual

acceptance of Purchase and Sale Agreement. Cash and possession at closing - on or before June

17, 2020. Closing Agent: Pioneer Title Company, Pullman, WA.

Broker Participation: A potential buyer who plans to be represented by a Real Estate Broker or Agent (other than Kincaid Real Estate) MUST be registered in advance by his/her Broker or Agent. Broker registration deadline is 2pm, Tues Mar 17, 2020. NO EXCEPTIONS. See “Broker Participation” in Terms and Conditions for more details. Participating brokers can register by contacting C.D. “Butch” Booker.

What you need to register:

1. Evidence of ability to close on the

sale e.g. letter from your bank or

lender, a bank statement, etc. on file at

Kincaid Real Estate (See Terms and

Conditions, Section 3)

2. A cashier’s check for bidder deposit

(see below) made payable to Pioneer

Title Co. and sent to Kincaid Real

Estate. Amount of cashier’s check is

based on which parcel(s) you want to

bid on:

Parcel 1 = $ 6,000

Parcel 2 = $10,000

Parcel 3 = $15,000

All Parcels = $31,000

On-line bidder approval through

booker2bid.com.

Deposits will be returned to all

unsuccessful bidders at the conclusion

of the auction.

See complete Terms and Conditions

and Purchase and Sale Agreement for

details.

C. D. “BUTCH” BOOKER Broker / Auctioneer

e-mail: [email protected] Office: 509-397-4434 Fax: 509-397-4451

kincaidrealestate.com

809 N Main St.

Colfax, WA 99111

In Cooperation with

Booker Auction Co.

Details on our website:

kincaidrealestate.com

Bird’s eye view from the drone:

http://kincaidrealestate.com/whitman-co-farmlandkoenig-2020_326.html

HOW TO APPLY TO BID

ONLINE