Online auction only. Bidding Opens at 8:00 am on August 30th and closes on September 7th at 6:00pm with a soft close. Closing times for the lots will be staggered with Tract 1 closing first. The remaining tracts will close in chronological order.
This 4.75 +/- acre wooded tract lies on the banks of Shoal and Factory Creeks, just south of West Point, TN. The property boasts nearly 800 ft of creek frontage and is located at the end of a private, gated, 30ft right of way that extends from Railroad Rd. The property features a 180 +/- square foot cabin, built circa 1995, that consists of a multipurpose room, bathroom, deck and patio. The cabin is served by a drilled well, solar electric, propane, and a septic system (size, type and location unknown). The property offers a rare opportunity to invest in quality recreational property.
Tract 1- 1.07 +/- acres with cabin and 220 +/- ft along Shoal Creek
Tract 2 - 0.68 +/- acres with 268 +/- ft along Shoal Creek
Tract 3 - 0.64 +/- acres with 31 +/- ft along Shoal Creek and 98 +/- ft along Factory Creek
Tract 4 - 1.30 +/- acres with 117 +/- ft along Factory Creek
Tract 5 - 1.04 +/- acres with 91 +/- ft along Factory Creek
OPEN HOUSE: 8/20/2023, 2-4PM - 8/27/2023 2-4PM
The property will be offered in 5 tracts with each tract being a final sale. There will be no combinations of tracts. The bidding for each tract will close in chronological order starting with Tract 1.
Terms: 10% down payment due upon signing of contract within 24 hours of end of sale. Balance due upon delivery of deed within 30 days from day of sale. Seller will provide survey, deed and owners title insurance. No percolation tests or soil borings have been performed on this property. The septic system for the cabin located on Tract 1 was installed prior to Sellers ownership. Neither Seller nor Agent make any warranties or representations pertaining to any aspect of the septic system or to the percolation of any of the tracts whatsoever. Seller reserves the right to accept or reject any and all bids. Real Estate will be sold AS-IS without warranties of any kind.
Henry J. King, Broker (AL#5403 * TN6919)
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