Bankruptcy Real Estate & Equipment Auction Thursday, March 3, 2016 Time: 10:00 AM 2501 Maloney Road & 2429 Maryville Pike Knoxville, TN 37920 Office: Knoxville Agent: Kenny Phillips Bankruptcy Real Estate & Equipment Auction BANKRUPTCY REAL ESTATE AND EQUIPMENT AUCTION Thursday, March 3rd at 10:00 AM 2 Properties to be Sold Separately 2501 Maloney Road Knoxville, TN 37920 AND 2429 Maryville Pike Knoxville, TN 37920 PERSONAL PROPERTY TO BE SOLD FOLLOWING THE REAL ESTATE FOR MORE INFORMATION ON THE PERSONAL PROPERTY/ EQUIPMENT CLICK HERE 1. 2501 Maloney Road Zoned CA Parcel ID: 135CC010 Lot Size: 100 x 106M x IRR Property Taxes: $1,045.86 Approx. 4154 SF with office space on the main level and shop/ warehouse on the lower level Large community room with kitchen Reception area and several private offices 2 bathrooms (one with a shower) on the main level and 1 bathroom downstairs (2) grade level doors (10' W x 7' H) 400 amp- 3 phase electrical Located on the corner of Maloney Road and Maryville Pike 2. 2429 Maryville Pike Comprised of 2 separate buildings Zoned CA Parcel ID: 135CC009 Lot Size: 177M x 132 x IRR (+/- 0.43 acre) Property Taxes: $725.70 Building 1: Office building with basement (approx. 1584 SF) Building 2: Storage warehouse (approx. 1512 SF) TERMS: The successful high bidder on this property will be required to sign the Real Estate Purchase Agreement immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the total sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. Sale is Subject to Court Approval. The balance is to be paid in full at deed closing within 20 (TWENTY) days, after Court Approval. No Extensions. Buyer is to obtain his/her own financing. The contract will not be contingent upon financing. Property to be Transferred with a Trustees Deed ONLY. Seller will provide Trustees Deed ONLY. Title Opinion, Title Insurance, Document Recording & ALL CLOSING COST will be the Responsibility of the Buyer. Buyer is Responsible for ALL Property Taxes Current, Delinquent, fees & any penalties. Buyer is responsible for ALL HOA fees, Transfer fees, Membership fees if applicable. All properties are sold "AS IS, WHERE IS and WITH ALL FAULTS" with no financing, inspection or other contingencies to sale. Auctioneer represents the seller only and does not inspect properties on Bidder's behalf. All Measurements are from tax records and are approximate and not guaranteed. Tennessee Residential Property Exemption will be a part of the sales contract. DIRECTIONS: From Knoxville, take Alcoa Highway toward McGhee Tyson Airport. After approx. 4.5 miles, turn left onto Maloney Road at Sevier Heights Baptist Church. Remain on Maloney Road for approx. 0.9 miles to the property on the left. Sold in conjunction with NAI Knoxville- Sam Tate & John Haney Important Information 2429 Maryville Pike- Bing Map 2429 Maryville Pike- CRS Report 2501 Maloney Road- Bing Map 2501 Maloney Road- CRS Report