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UPCOMING AUCTION EVENT

North Florida Horse Ranch
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McAlpin, FL
August 21, 2010 / 11:00 AM
Auction Information: 800.434.1654
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Selling at or above a minimum bid of $999,990.00 as an entirity bid or in any combination of bids. Current Listing Price $1,800,000.00

Selling in Three Tracts or as an Entirety.

This exquisite 113.39-acre country estate, including two large custom-built brick homes and 10,000 sq. ft. of barn space.

Tract #1
First Home, this house has over 2700± sq ft which features a modern country design with 4 bedroom/3baths, a large open front porch with columns, an even larger screened back terrace overlooking the rolling pastures and a matching brick well house, oversized 2-car garage. The interior has an open design with unique high ceilings in the great room and tray ceilings in the master quarters and dining room. A second master suite is on the opposite end of the house. All kitchen and bathroom cabinets are natural oak. All appliances are upgraded stainless steel. A huge matching oak entertainment center with a new 62" flat screen television will convey.

2bedroom/2 bath Caretaker manufactured home on property.

Equestrian CenterThe 3 large barns, totaling 10,000 square feet, are designed with a tool room, tack room, equipment storage bays, work benches, four large horse stalls with automatic water and storage for about 400 rolls of hay. Equipment optional

Second home, (Tract #2) built in 2006, this house has over 3300 sq. ft and 5 bedrooms / 3 and a half baths. One wing is designed as a guest apartment, complete with full bath and closets. The unique home design features columns inside and out, a sunken living room with a hand-carved marble fireplace. The huge kitchen has cherry cabinets with an island, solid surfaces and stainless steel appliances and large rooms. The master suite has a unique design with his and hers walk-in closets, and a sitting room. The bathroom has a Jacuzzi tub and large walk shower.

Tract #2
40± acres separating tracts 1 & 3.

Tract #3
Second home, built in 2006, this house has over 3300 sq. ft and 5 bedrooms / 3 and a half baths. One wing is designed as a guest apartment, complete with full bath and closets. The unique home design features columns inside and out, a sunken living room with a hand-carved marble fireplace. The huge kitchen has cherry cabinets with an island, solid surfaces and stainless steel appliances and large rooms. The master suite has a unique design with his and hers walk-in closets, and a sitting room. The bathroom has a Jacuzzi tub and large walk shower.

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Auction Information

PRE-SALE INSPECTION: Albert Burney representatives will be on site August 7th from 10:00 A.M until 3:00 P.M. and daily beginning August 15th thru auction day from 10:00 A.M. until 5:00 P.M. For more information call (800) 434-1654.

AUCTION REGISTRATION: Registration begins at 10:00 A.M. on Auction Day. Auction begins at 11:00 A.M.

TERMS: Ten percent (10%) down Auction Day with closing in 30 days. Certified funds in the amount of $5,000.00 per tract for tracts 1 & 3, $2,500.00 for tract 2 and $12,500.00 for the entirety will be required to bid. The certified funds may be in the form of a Cashier's Check made payable to the bidder, or a personal or company check with a Bank Letter of Guaranty.

AUCTION FEE: A ten percent (10%) auction fee will be added to the high bid price to arrive at the contract price paid by the purchaser.

BROKER PARTICIPATION: Broker participation is welcome. Call for guidelines: (800) 434-1654 or (256) 543-1654.

DIRECTIONS TO: From Interstate I-10 take exit (HWY 129) south. Drive approximately 8 miles to 150th Street. Turn left and drive to the entrance of the property.

Albert Burney, Inc. CQ1027463, Dewey Jacobs, BK3214661, Warren A Ward, Auctioneer, AUNR 003008


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