YOU ARE BIDDING ON THE DOWN PAYMENT!
President Theodore Roosevelt once said, “Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.”
What is the easiest and cheapest form of real estate to get into? Land!
With vacant land, prices are low and a mortgage isn’t required.
And honestly, where would you rather live – out in the open or cooped up in the city? With a piece of land in the country, you can build a ranch, vacation house or cabin to serve as a getaway. Or leave it as it is and use it for camping or hunting.
A respite and wealth building opportunity, that’s what land has to offer.
But enough of the shameless pitch, here’s what we are offering:
NIMROD RIVER PARK LOT – 1.59 ACRES IN KLAMATH COUNTY, OREGON
Oregon is a state of forests, and the Nimrod River Park Area is at the center them all. Sitting in the middle of Oregon’s greenbelt, this lot is a 1.59 acre ranch surrounded on all sides by national parks. It’s perfect for someone looking to build a vacation cabin or simple getaway for hiking, hunting or camping!
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
The lot is about an hour from the town of Klamath Falls and midway between Portland and San Francisco. It is close to Drews Road (County Highway 599) and the Sprague River.
The lot is 100% buildable and ripe for the picking. Homes in the area sell for an average price of about $157,500, so building a house or cabin is a great way to increase the value of this lot. See image labeled Zillow Home Prices for an estimate of average homes prices in the area.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist
This lot is at the doorstep of the Fremont-Winema National Forest, so if you like fresh air, rural living and unspoiled wilderness, this is the perfect place for you!
PURCHASE PRICE $4,500 + $99 DOCUMENT FEE
We finance! 0% interest, No Credit Check. You can pay with small monthly payments of $175 at 0% interest. Or pay with a single payment of $4,000. The single-pay option will save you $500. There is no prepayment penalty.
Cancel Anytime with No Penalty Guarantee. If you decide to utilize our seller financing and you are unable to continue making payments for any reason, let us know and you won’t owe us anything further.
HOW TO BUY AFTER YOU WIN THE BID
Seller Financing: Within 24 hours after you win, please pay a $99 Processing Fee to get started. Contracts for Sale will then be prepared and sent for your review and signature. We accept personal checks, cashier’s checks, money orders & Zelle.
Cash: The complete payment is due within 48 hours after you win. We’ll start the paperwork as soon as we receive the payment. We accept personal checks, cashier’s checks, money orders & Zelle.
TITLE AND USE
Once the Contract is signed and your first payment made, the land is yours to enjoy while you make monthly payments! We just ask that you treat it like your own. Your Title will be delivered once the property has been paid in full. We will pay for recording fees and the County will mail your Deed once recorded.
What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access and available utilities.
ABOUT KLAMATH COUNTY
Klamath County is a beautiful, forested county. It is home to numerous national and state parks, including Crater Lake and the Fremont-Winema National Forest. Crater Lake is the deepest lake in North America and the seventh deepest in the world. The water is incredibly pure and clear.
The Fremont-Winema National Forest surrounds the Sprague River Area. This massive forest is perfect for hiking, camping, boating, backpacking, horseback riding, mountain biking, skiing, hunting and fishing. You will also find elk, pronghorn deer, mule deer, trout and bass in the area.
“Don’t wait to buy real estate. Buy real estate and wait.” – Will Rogers, actor
Coordinates: 42.480549, -121.408204
Legal Description: Lot: 2 Block: 70 Abbreviated Description: LOT:2 BLK:70 SEC/TWN/RNG/MER:SEC 03 TWN 36 RNG 11 NIMROD RIVER PARK 5TH ADDITION, BLOCK 70, LOT 2
TAXES ARE PAID AND CURRENT
Annual taxes are $18.75. Taxes have been paid through 2018 and no back taxes are owed.
“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul
FREQUENTLY ASKED QUESTIONS
Are there homes in the area? Yes!
Is there water available on site? You will likely need to drill a well on site.
Is there sewer service or do I need a septic tank? You will need to install a septic system on site.
Can I build a home on the lot? Yes, you can build on this lot. Please go to the Klamath County building department for more information on how to obtain a building permit.
Are there any improvements on the lot? No, the lot is vacant. There are no fences or buildings on the lot.
What kind of deed will I receive? You will a receive a special warranty deed, which means the seller is guaranteeing the property wasn’t encumbered during the time of his/her ownership.
How many people can be included on the deed? You can have as many people listed on the deed as you would like.
Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur
We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!
“It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” – Anthony Trollope, novelist
ABOUT THE SELLER
Gokce Capital is a small, family-owned business based out of New York City with a passion for unlocking the value of land.
We are a two-person team (Erika and Abi) and also a couple. Gokce Capital grew out of our travels together. A few years ago, we took the time to explore the country and visited all 50 states. During our travels, we fell in love with the beauty of the US and decided to start a business helping people acquire a portion of this wonderful land for themselves.
As a small team, we only handle a few transactions at a time and are able to spend plenty of time with our buyers to ensure a positive experience. Between the two of us, we should be able to answer any question you may have.
We look forward to working with you!
Check out our upcoming listings here: https://gokcecapital.com/listings
“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist
VERY IMPORTANT TERMS OF SALE!
Please ASK ALL questions BEFORE bidding!
This auction is intended to be a binding agreement. Do NOT bid unless you intend to purchase this lot. Listing land on eBay is expensive therefore all non-paying bidders will be reported to the auction house and our collection agency. Upon transfer we guarantee all property taxes are current and there are no recorded property liens.