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REAL ESTATE AUCTION

 
Southern Hills Subdivision
15 Residential Building Lots at Absolute Auction
Sale Pending on 82 Acre Development Tract
Sat
May 6th, 2006– 10:30 AM
Open House Sun April 30th 2-4 PM

Niles Ferry Road
Madisonville, TN


Lots:

·        15 Residential Lots in Prestigious Southern Hills Subdivision to be sold at Absolute Auction

·         Underground Utilities

·         Spectacular Mountain Views

·         1.5 Miles from Madisonville

·         Restricted to protect your Investment

 Future Development Acreage:

·         82 Acres to be sold at Auction

·         Adjoining Southern Hills Subdivision

·         Electric, Water and Gas Available

·         Restricted to protect your Investment

Utilities:            Water:             City of Madisonville

                        Gas:                 City of Madisonville

                        Electric:            Fort Loudon Electric

Terms: 10% Buyer’s Premium - Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due today in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

Directions:  In Madisonville from the intersection of Hwy 411 and Tyler Street.  Travel .1 miles south on Tyler to Niles Ferry Road.  Turn left on Niles Ferry Road and travel 1.4 miles to Southern Hills Subdivision on the right.

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