Online Only Auction
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High Bid: 395,250.00 USD
261 Bids
Time Remaining: 18d 8h 49m - Wednesday 10:27 PM
Soft Close
Shipping Not Available
Date(s)
8/14/2024 - 10/3/2024
AUCTIONEER INFORMATION
Bidding Notice:

We recommend you place your max bid if you cannot attend the auction or watch the auction online.

Auction Notice:

Please do not disturb any campers or tenants.


Information
Lot # 1
Group - Category Sporting Goods - Camping
Lead Campground With Cabins Room to Expand
Description
Contact our office for more info
Name Income Producing Campground w/ Cabins
Auctioneer
Type Online-Only Auction
Date(s) 8/14/2024 - 10/3/2024
Auction Date/Time Info
Online Only Auction Thursday Oct 3rd 12:00 noon Eastern
Preview Date/Time Pleaes call our office to schedule a preview
Checkout Date/Time Buyer to pay $50,000 Deposit on the day of the auction, and shall have 45 days to pay the balance at closing
Location
Buyer Premium 10% Buyers Premium added to the bid
Description
Auction Description Event 880 County Line Road, Mooresburg, TN Discover Your Next Investment Opportunity: 16+/- Acres of Prime Campground Property Online Only Auction event Thursday October 3rd at 12:00 Noon JD's Realty & Auction is thrilled to present an exceptional investment opportunity at 880 County Line Road, Mooresburg, TN. This sprawling 16+/- acre property offers endless potential for savvy investors or entrepreneurs looking to expand their portfolio in the thriving campground industry. Property Highlights: " 28 RV Hookup Spots: Fully equipped and ready to accommodate visitors, each spot offers the essential amenities needed for a comfortable stay, ensuring a steady flow of income for the property owner. " 6 Charming Cabins: Nestled within the picturesque landscape, these cabins provide a rustic yet comfortable experience, with current tenants in place. " Expansion Potential: With ample room for further development, this property offers the unique opportunity to expand and enhance the campground's amenities, increasing its value and appeal. " Prime Location: Located in Mooresburg, TN, this property is perfectly situated to draw in visitors from across the region, making it a highly desirable destination for campers and outdoor enthusiasts. Less than 1 mile to a boat launch on Cherokee Lake. Why Invest in This Property? The campground industry continues to grow as more people seek outdoor experiences and affordable vacation options. This property, with its existing infrastructure and room for expansion, is primed to capitalize on this trend. Whether you're looking to expand an existing portfolio or embark on a new venture, 880 County Line Road offers a rare chance to own a turnkey campground with proven income potential and the ability to scale. Don't miss your chance to own this unique piece of Tennessee real estate. For more information, or to schedule a private tour, contact us today. Your next big investment is just a bid away!
Auction Terms & Conditions REAL ESTATE TERMS: Welcome to our Auction, we hope you enjoy your experience. Please take a moment and read our terms and conditions. If you have questions regarding these terms, please call our office. If you have a Realtor we are paying a Co-Op if you bring a buyer for this property. This home will be sold subject to the owner's confirmation. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. The successful high bidder on this property will be required to sign a Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of 10% down . A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. Payment may be made by personal check; cashier's check or cash. The balance is to be paid in full at closing within 45 days. Current taxes will be prorated at the date of closing. Seller will provide the deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs will be paid by the buyer. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. JD's Realty & Auction and its auctioneers and agents are representing the sellers as the sellers' agents. JD's Realty & Auction gives notice that the auctioneer or agent can bid on behalf of the seller upto the reserve price. All properties are sold "AS-IS, WHERE-IS and WITH ALL FAULTS," without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder's behalf. All measurements, square footage and age are approximate and not guaranteed. Seller and or agent makes no warranty as to the accuracy of information. All information is deemed reliable, but not guaranteed. Buyer to verify all information to their satisfaction prior to bidding. Tennessee Residential property exemption notification and lead-based paint disclosure will be a part of the sales contract. Bidder understands and agrees that this agreement and all rights of the parties there-under, shall be governed by the laws of the County of Anderson, State of Tennessee and any action brought by either party shall be brought in the Courts of the State of Tennessee. In the event, that for any reason, the forum is deemed to be sufficiently inconvenient or the agreement on the forum selection is unenforceable it is still the intention of the parties that the Laws of the State of Tennessee govern the parties agreement and their rights attended thereto. Buyer agrees that any legal filed action will take place within the county of Anderson, City of Clinton, State of Tennessee. If you are bidding online please note, the auctioneer may without notice, withdraw, extend or rearrange any property, and or item at their sole discretion at any time and will not be liable for any computer, internet or website malfunctions. In an online only auction bids that are placed within the last minute, will cause bidding to automatically extend to prevent bid sniping. Payment must be made within 24 Hours after you are the winning bidder. JD's Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. Lead Based paint- This home was built before 1978. A Lead Based paint disclosure is not required to be provided to the winning bidder. Contact JD's Realty & Auction for appointment.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 250.00 USD
97,500.01 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 10% Buyers Premium added to the bid
Payment Terms
Buyer to pay $50,000 down within 24 hours of auction close. Buyer shall have 45 days to close following the confirmation of sale.
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