Auburn National closes land sale for $4.26M, expects $3.3M pre-tax gain

AUBURN NATIONAL BANCORPORATION, INC

Sold 0.85 acres adjacent to HQ for $4.26M; closed Oct 13, 2022.
Estimated pre-tax gain of $3.3M after prorations, closing costs, and demolition of former main office.
Transaction originally announced Feb 22, 2022, and closed with buyer Ram Auburn Hospitality Four, LLC.

item 8.01

AUBURN NATIONAL BANCORPORATION, INC filing history →

Source: SEC EDGAR

accession 0001193125-22-263720

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