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UT-RE-2021-11

Utah SITLA - Sealed Bid Land Sale, November 16, 2021

1 Parcel offered covering approximately 8,106.78 acres.Utah Broker of record is Bates Land Consortium, RE License Number: 10851533-CN00; 5469640-PB00
This sale has ended.
Bids were taken September 9th - November 16th, 2021
Additional Sale Group Information and Resources. Register to Bid and Receive Updates.
Important Sale Notices
  • This property will be sold online through a sealed bid process with the assistance of our business partner, EnergyNet.
  • Bids will be accepted from November 9 at 9am through November 16, 2021 at Noon (MST).
  • All bids are considered an offer to purchase and cannot be reduced or withdrawn.
  • The successful bidder will be required to pay the closing costs and a 2% bid deposit within 48 hours (by November 18 @ Noon). The required remaining 23% down payment or payment in full will be due by Tuesday, December 14 at 5pm (MST).
  • Financing will be offered for this parcel at a variable interest rate of prime plus 2.5% or 7.5%, whichever is greater. The remaining balance can be financed for up to a 20 year term with annual payments.
  • Notice to New Bidders
    Personalized EnergyNet Bidding System guidance and preparation is available by request.
    Learn about participating in Government Listings on EnergyNet: User Guide - Government Listings Participation
    EnergyNet will be acting as third party facilitating the auction and not as an owner for any transactions made during this sale.
    Utah Broker of record is Bates Land Consortium, RE License Number: 10851533-CN00; 5469640-PB00, www.bateslandco.com
    Download GIS Data for this sale in the form of a shapefile

    Please be advised that the information contained herein is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither SITLA nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data contained herein.
    Learn about participating in Government Listings on EnergyNet
    Parcel Legal Description Bid Status Closing Information
    Cinnamon Creek Block (C-26957)
    Parcel Info
    Sealed Bid Offering
    Winning Bid: $20,000,013
    Winning Bidder: #285
    This Parcel is closed for bidding.

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