Bid Basis ENERFO Orr Grain Inc, Momence IL Facilities

Transcription

1 Bid Basis ENERFO Orr Grain Inc, Momence IL Facilities We are presenting the Orr Grain Facilities and operations totaling 2,298,887-bushel storage capacity, Rail loading facility and Dried Distillers Grain (DDG) Facility, where the property(ies) are being offered as all inclusive or individually under our Bid Basis offering. Attached Exhibit A outlines each properties amenities. Suggested Minimum Price: This is not a list price, but rather what we see as a formulated starting point. (See Attached Exhibit B) Please submit any price and terms above or below these figures listed below. All offers will be considered and responded too. North Facility: $ 980, DDG Facility: $ 320, South Facility: $1,043, River Facility: $ 746, Combined: $3,090, Timeline: The properties are being offered until March 1, 2019 or upon an earlier date where we have come to an acceptable purchase contract(s). Sales Terms: An as-is, where-is sale with a closing date to be mutually agreed upon by Buyer and Seller, but no later than July 3, Suggested Deposit: $25,000 per site $100,000 combined to be posted at contract execution to be held in escrow by Seller s Attorney or a Title Company To Be Determined. Real Estate Taxes: Seller shall pay 100% of 2018 real estate taxes. Seller shall pay 2019 real estate taxes prorated until date of closing. Survey: Seller to provide a current survey, showing the locations of all corners as well as any buildings, grain bins and improvements on the property. Existing Leases: Seller shall transfer/assign all leases that are in place with the Union Pacific Railroad. 1

2 EXHIBIT B ORR GRAIN FACILITIES FACILITY NEW VALUATION % ADJUSTED VALUE NORTH FACILITY $ 1,633, % $ 980, DDG FACILITY $ 800, % $ 320, SOUTH FACILITY $ 1,227, %+35% rail premium $ 1,043, RIVER FACILITY $ 1,244, % $ 746, TOTAL $ 4,905, $ 3,090,111.23

3 Rooster Ag Realty Don t let your money collect dust, invest in dirt! The Momence Grain Facilities Kankakee County, IL Excellent opportunity to expand your operation! 3 Commercial Grain Facilities & DDG Facility Limited Time Opportunity Please call joe for additional information Contact Joe Ludwig Rooster Ag Realty (630)

4 NORTH FACILITY DRIED DISTILLERS GRAIN (DDG) CONTAINER LOADING FACILITY RIVER FACILITY SOUTH FACILITY Real Estate Farm Management Crop Insurance Appraisals

5 FACILITY BUSHELS/TONS NORTH FACILITY 793, DRIED DISTILLERS GRAIN CONTAINER FACILITY 500 Ton/Hr / 20,000 bph SOUTH FACILITY 601, RIVER FACILITY 903, TOTAL CAPACITY 2,298, ESTIMATED REAL ESTATE TAXES North Facility $3, North Improvement $13, Office $5, DDG Facility $1, South & River $18, Total $42, Real Estate Farm Management Crop Insurance Appraisals

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7 NORTH FACILITY Real Estate Farm Management Crop Insurance Appraisals

8 NORTH FACILITY DETAILS 4350 ZIMMERMAN TOWER DRYER 5,000 Bushels/hour LEG 1 15,000 bph (maxitronic hazard monitoring system) LEG 2 8,000 bph (maxitronic hazard monitoring system) LEG 3 5,000 bph 60 TON SCALE/SCALE HOUSE DUMP PIT 1 850bu DUMP PIT 2 700bu 3 OVERHEAD BINS 750bu Approximately MAIN OFFICE TRUCK PROBE Intersystems Dual Swingflo distributer & screener 2016 purchased & manufactured RAIL CAPACITY Ability to stage/load 19 rail cars GRAIN BIN CAPACITY Bin 1: 17, Bin 14: Screenings overhead bin Bin 2: 17, T1: 20, (New 10,000bph drag) Bin 3: 17, T2: 29, (New 10,000bph drag) Bin 4: 3, (non operational interstice) T3: 29, (New 10,000bph drag) Bin 5: 3, (non operational interstice) T4: 12, Bin 6: 11, T5: 12, Bin 7: 11, (non operational overhead) 100: 99, Bin 8: 11, : 99, Bin 9: 3, (interstice) 300: 99, Bin 10: 3, (non operational interstice) 400: 99, Bin 11: 16, B1: 177, Bin 12: 4, Bin 13: 17, TOTAL CAPACITY: 813, Bushels OPERATIONAL CAPACITY: 793,197.00

9 DRIED DISTILLERS GRAIN (DDG) CONTAINER LOADING FACILITY DDG Building (Manufactured/Purchased in 2014) Lumber Office Storage Leg Capacity Rail Capacity New Transload Equipment 7,200 Approx. SF 2,700 Approx. SF 150 Tons 500 Tons ph/20,000 bph 5 Cars (Unloading) Bulkweigher, Hopper Popper, Video Surveillance Real Estate Farm Management Crop Insurance Appraisals

10 SOUTH FACILITY x Real Estate Farm Management Crop Insurance Appraisals

11 SOUTH FACILITY DETAILS NEW 60 TON SCALE SCALE HOUSE NEW SEMI PROBE LEG 1 10,000 bph LEG 2 6,000 bph LEG 3 3,000 bph RAIL CAPACITY 15 Cars FALL PROTECTION FOR RAIL LOADING Installed in 2015 BIN DRAGS 10,000 bph DUMP PIT 800 bu DUMP PIT NO DRYER Bins 1-6 have smart bob automatic grain measurement systems. GRAIN BIN CAPACITY Bin 1: 13, Bin 9: 13, Bin 2: 15, Bin 11: 82, Bin 3: 16, Bin 12: 82, Bin 4: 16, Bin 13: 128, Bin 5: 21, Bin 14: Non operational Bin 6: 24, Bin 15: 87, Bin 7: 1, (Overhead Bin) Bin 16: 96, Bin 8:: 2, (Overhead Bin) TOTAL CAPACITY: 601, Real Estate Farm Management Crop Insurance Appraisals

12 RIVER FACILITY Real Estate Farm Management Crop Insurance Appraisals

13 LEG CONVEYOR DUMP PIT Legs, Pits and Pipes installed in 2014 NEEDS DRYER RIVER FACILITY DETAILS 15,000 bph 10,000 bph 500 bph Bin 1: 272, Bin 2: 192, Bin 3: 192, Bin 4: 108, Flat Storage: 138, TOTAL: 903, Bushels GRAIN BIN CAPACITY This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for examples only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

14 ORR GRAIN MAIN OFFICE (503 Railroad Ave) Year Built 2014 Lot Size Approximate Square Footage 2,000± Estimated Real Estate Taxes $5, Offices 1 Conference Room 2 Bathrooms Fire Proof Storage Room Handicap Accessible Natural Gas Note: Interested parties may present an offering on the Office, where the office can be packaged to any facility offering, open to reasonable offers as part thereof..55 Real Estate Farm Management Crop Insurance Appraisals

15 EQUIPMENT/ROLLING STOCK 2000 International Semi-Tractor 1965 Loadstar 1600 Grain Truck 1995 Ottawa Yard Truck 2003 Timpte Hopper Trailer Westfield Truck Auger Case Front End Loader New Holland SkidSteer International 1086 Tractor 1999 Dodge 2500 work truck 2001 Shop Built Container Loader 1979 Fruehauf Hydraulic End-Dump Trailer 2005 Two Axle Car Trailer Mistubishi Fork Lift Agri-Vac 614 Grain Vac Hutchenson - Mayrath Trac Masster Westfield Auger Westfield WR Auger Hutchinson 30' Auger Pickup Truck Mounted Sprayer 20' Auger 1-30' Bin Sweep Metal Cutting Torch Lincoln Wire Feed Welder Grasshopper Mower GRAIN TESTING EQUIPMENT AGRIS Examination ONEWEIGH Machine Interested parties may present an offering on the listed equipment, where the equipment can be packaged to any facility, offering open to reasonable offers as part thereof.

16 Brokers: Rooster Ag Realty is the Exclusive Agency for the Sellers and will be compensated for that service by the Sellers. In the event a Purchaser wishes to enlist their own Broker. Purchaser will be responsible for compensation of their own Brokers Commission. Additional Items: Not listed in the offering is the additional office located at 503 Railroad Ave across from the North Facility as well as the equipment described in the attached list. The Office and Equipment can be packaged to any facility offering, open to reasonable offers as part thereof. Equity investor partners may be available to invest in all or individual facilities depending on 1031 Trade timelines. We are happy to answer any questions you may have and meet you on site for a tour of the facilities. Sincerely, Joe Ludwig Licensed Real Estate Broker Rooster Ag Realty (630)