|County land auction nullified after misunderstanding|
|Thursday, 01 November 2012 12:20|
The bid reached $2,550 dollars an acre, at which time the bidding stopped. But it turned out the bidder assumed the $2,550 was the price of the entire 40-acre property, not the price per acre.
he winning bid had to be nullified when auction officials discovered the buyer didn't have the more than $100,000 closing price. McPherson Auction and Realty says the land is still an attractive getaway property.
Kevin McPherson says, "A very unique piece of property. The elevation up there is a little over 6,800 feet. And when we were up there showing the land, it's not every day where you get to a piece of property where your cell phone won't work."
The Pennington County Commission will meet on Nov. 9 and will set a new auction date.
-Al Van Zee