Name | Henderson, TN - Highway Development Land |
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Auctioneer | Kennedy's Auction Service LLC |
Date(s) | 8/29/2019 |
Thursday, August 29 - 6:00 PM (Live Only Bidding) | |
Preview Date/Time | Call to Schedule an Appointment Tim Mast - 731-610-5436 Office - 731-645-5001 |
Checkout Date/Time | Closing will occur on or before Thursday, September 26, 2019 |
Location | 713 Highway 45 South Henderson, TN 38340 |
Buyer Premium | 10% Buyer's Premium |
Description |
Property Address: Highway 45 South & Old Finger Rd, Henderson, TN
· 11.82 +/- Acres of Prime Intersection Development Land
· Only 1 Mile South of Henderson, TN
· Situated at the Corner of Highway 45 and Old Finger Rd
· Additional Frontage on Memory Lane
· Offered in Two Parcels or as a Whole
· Avg. Traffic Counts Over 11,000 Per Day - Per TDOT
· Excellent Visibility and Access
· Boundless Possible Uses
· Minimal Elevation Changes Convenient for Development
· Offered At Live Auction from 713 Highway 45, South Henderson, TN (former B&B Outdoors).
· Don't Miss this Fantastic Opportunity to Acquire an Excellent Development Property!
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Currency | USD |
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Buyer Premium | 10% Buyer's Premium |
Payment Terms |
At the conclusion of the auction, the successful Live or Phone bidder will
be given, emailed or faxed a contract to be executed and returned. Successful bidders will deposit a non-refundable escrow amount of Ten Percent (10%) of the Contract Sales Price by wire transfer or certified check to the escrow agent, Kennedy’s Auction Service escrow account with the contract for sale within 24 hours of auction conclusion. The entirety of the remaining balance is due at closing on or before the contract closing date stipulated in the purchase agreement. This must be completed within 24 hours of receipt of the documents or the purchaser shall be in default.
Closing: Closing will occur on or beforeThursday, September 26, 2019. The seller shall convey the property by Special Warranty Deed. The seller shall pay for deed preparation, their share of prorated real estate taxes, and their own attorneys’ fees. Buyer is responsible for all other costs of closing and transfer. All real estate taxes for the year in which the property is sold shall be prorated as of the date of the closing, as is standard and common practice to the area in which the property is located. All leases due and payable, if any, shall be prorated to the date of the closing, as is standard and common practice to the area in which the property is located. All deposits of tenants shall be transferred to the buyer at closing, if applicable. Buyer acknowledges that this sale is not contingent upon post sale inspections or financing approval.
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