Online Only Auction
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03/15/2023 - 04/02/2023
Bidding Notice:

Internet only with soft close ending at 7pm CDT on April 2, 2023.

Lot # 1
Group - Category Real Estate - Commercial Properties
Lead Catfish Cove Campground & RV Park
Name Catfish Cove Campground
Type Online-Only Auction
Date(s) 03/15/2023 - 04/02/2023
Soft closings begins at 7PM CDT on April 2, 2023.
Preview Date/Time Agent on site from 3 pm to 6pm on April 2, 2023, or by appointment.
Checkout Date/Time A Redstone Auctions representative will contact the high bidder to arrange for earnest money delivery and contract execution right after the auction. The contract is to be executed, and earnest money delivered, within 24 hours of auction close or we reserve the right to award the property to the next highest bidder.
Buyer Premium 10% Buyer Premium Applies
Description Catfish Cove Campground & RV Park is situated on Weiss Lake, a 30,000 acre impoundment well known for its excellent crappie and bass fishing, along with great boating and water recreation. The campground is centrally located in Cedar Bluff, AL, putting it right in the middle of all the lake has to offer. With 15 RV pads, a mobile home (currently rented), bath house with showers, 5 boat docks/piers, and a concrete boat launch, this is a perfect opportunity for you to invest in an income-producing asset. 12 of the 15 pads have sewer access. High speed internet is also available. The park is situated on approximately 1.4± waterfront acres with high visibility on Alabama Hwy 9. Preview Sunday, April 2nd from 3pm to 6pm or by appointment.
REAL ESTATE AUCTION TERMS AND CONDITIONS THIS IS AN ONLINE ONLY AUCTION. ONLINE AUCTIONS have a soft-close feature to prevent bid sniping at the last minute and will extend bidding in the case of activity at the close of the auction. This is an auction with reserve. The seller reserves the right to accept or decline any or all bids received. A Redstone Auctions representative will contact the high bidder to arrange for earnest money delivery and contract execution right after the auction. The contract is to be executed, and earnest money delivered, within 24 hours of auction close or we reserve the right to award the property to the next highest bidder. 1. By bidding, or registering to bid, you agree to all of the terms and conditions set forth below, and acknowledge receipt of the Real Estate Brokerage Services disclosure. This can be found on our website at or in the documents associated with the auction listing. 2. Redstone Auctions represents the seller only in all cases. Please visit our website at to view disclosures and a blank contract form. 3. Unless otherwise noted, all auctions are with reserve. 4. A 10% buyer premium will be added to the high bid to arrive at the final contract price to be paid by the successful bidder at closing. A representative from Redstone Auctions will be in contact with you at the end of the auction to make arrangements for the contract to be signed. Contracts may be signed electronically. 5. The successful bidder is required to pay by wire transfer, or other acceptable tender, an amount equal to 10% of the winning bid to Redstone Auctions, or designated holder, with the balance due at closing within 30 days, and sign a real estate purchase agreement. Electronic signatures may be used. Failure to sign the agreement and/or pay the required deposit within 24 hours of the close of the sale will be considered a DEFAULT by the Buyer subject to all legal remedies available to the Seller and Redstone Auctions. Time is of the essence. 6. Title will be conveyed by warranty deed using the existing legal description of record. Mobile home to be transferred with bill of sale. 7. Your bid is legal and binding. Bids are NOT contingent upon inspections, appraisals, or acquiring financing. You are encouraged to inspect the property and conduct all due diligence prior to placing a bid. 8. Property taxes will be prorated from the date of closing with purchaser responsible for future assessments or rollbacks. 9. As applicable, homes built prior to 1978 may contain lead paint. Availablity to inspect was advertised at least 10 days prior to the close of the auction. By bidding today, you agree you have either satisfactorily inspected for lead paint or waive the option to do so. 10. Any and all closing costs, including any loan fees, recording costs, attorney's closing fee, and title search and/or insurance (if desired), are the sole responsibility of the Purchaser. 11. All real estate and personal property sells in 'AS IS, WHERE IS' condition with no warranty or guarantee of any kind. 12. CONDITION DISCLAIMER: BUYER/BIDDER acknowledges to and agrees with Seller and Auctioneer that with respect to the property, Seller and Auctioneer have not, do not, and will not make any warranties or representations, express or implied, or arising by operation of law, including, but not limited to, warranty as to the value, physical condition, square footage, size, area or acreage of the property; matters of municipal code violation including but not limted to the presence of open building permits, unresolved code violations, or unpermitted improvements; environmental or hazardous conditions including but not limited to wetlands, lead based paint, radon gas, asbestos, underground storage tanks, illegal or illicit pharmaceutical manufacturing, or any other hazard; zoning compliance, good repair, operability, habitability, tenantability, suitability, merchantability, profitability, marketability, past or present compliance with any rules, regulations, covenants, or restrictions; future value, development potential, or fitness for any particular purpose of the property. 13. Information provided has been compiled from publicly available information and is believed to be correct but not guaranteed. Bidders are encouraged to independently verify all information. 14. We reserve the right to verify the identity of all bidders. Bidding rights granted herein are provisional, and if complete verification is not possible, Redstone Auctions, at their discretion, may revoke the registration and terminate bidding activity. The Seller and Redstone Auctions reserve the right to preclude any person from bidding (and by extention, cancel their bids) if there is any question as to the person's credentials, mental fitness, use of offensive bidder/screen names, etc. Incidents of spamming, bid manipulation, interference, etc. are grounds for immediate bid revocation and account suspension. 15. In the event there are technical difficulties related to the server, hardware, software, or any other online auction-related technologies, Redstone Auctions reserves the right to extend bidding, continue the bidding as a live sale only, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE NOR REDSTONE AUCTIONS SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE OR HARDWARE TO FUNCTION PROPERLY FOR ANY REASON. 16. When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. Auction company employees, agents, affiliates and/or the auction company may bid on this auction. We gather aggregate information from this web site which may include but is not limited to: number of page visitors, most visited pages, any and all correspondence. 17. Buyer and or Bidder agree(s) to hold harmless and indemnify Redstone Auctions dba Redstone Family Realty, LLC, and its agents and representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. 18. A portion of this property is within the 100 year flood zone.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 149,999.00 25,000.00 USD
149,999.01 - 179,999.00 10,000.00 USD
179,999.01 - 274,999.00 5,000.00 USD
274,999.01 - 279,999.00 2,500.00 USD
279,999.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% Buyer Premium Applies
Payment Terms Please see auction terms and conditions.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.