CHOICE 21.24 ACRES SELLING IN 7 TRACTS – 1-1/2 STORY LOG CABIN – MANUFACTURED DOUBLE WIDE HOME – GREAT BUILDING TRACTS – SHOP BUILDING – BARNS – CITY WATER AVAILABLE – NATURAL GAS – SOILS TESTED – EXCELLENT NON-QUALIFYING BANK TERMS!
AT AUCTION
SATURDAY, JUNE 18TH – 10:00 A.M.
LOCATION: Auction will be held on site at 245 Magnolia Drive, Red Boiling Springs, TN 37150. Directions from Lafayette – Take Hwy 52 E 11 miles to Red Boiling Springs. Turn Right onto Carthage Road go 3.2 miles and turn left onto Oak Grove Road. Go approx 1.2 miles and turn right on Magnolia Drive.
REAL ESTATE: Consist of a beautiful 21.24 acres surveyed, staked, & platted in 7 tracts! Tract #5 is improved with a nice 1-1/2 story cabin sitting on 2.01 acres! The cabin has one bedr00m & full bathroom downstairs with an additional bedroom upstairs, living room with soaring vaulted ceilings, spacious kitchen, a covered “rocking chair” front porch, back covered deck, and more! Tract #7 is improved with a manufactured home and barn sitting on 5.01 acres & over 1350 ft of road frontage! This home offer a kitchen/dining combo, living room, master bedroom with full bath, and back deck! Tracts #1-4 range in size from 1.01 acres to 1.40 acres and Tract #6 is 9.66 acres with secluded building sites!
TERMS: Real Estate – 15% down day of sale balance with deed. Macon Bank & Trust is offering the following Non-Qualifying Terms with buyer paying a total of 20% down, balance payable over 10-15 years (bank’s discretion), interest rate to be 5.75% and to readjust each 3-years thereafter with bank’s interest rate. Bank terms are not available on Tract #5 & Tract #7.
AGENTS NOTE: Have you been looking for some land to build your dream home or looking for a weekend getaway home? If so, you definitely don’t want to miss out on this Auction! We have some great building tracts to offer to you June 18th, 2022! Make sure to mark your calendars and we look forward to seeing you there!
REFERRING AGENT: Wendy Dickens
AUCTION AGENT: Matthew Carman LIC: #5684