Online Only Real Estate Auction: Gas Station-RV Park/Campground- Diner
Previous Page Listing ID#: 1673716
Auction Location |
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6980 Sparta Highway Sparta, TN 38583 |
Auction Dates and Times |
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Bidding Starts: Thursday Oct 17, 12:00 PM Bidding Ends: Wednesday Nov 20, 6:00 PM |
Auction Type |
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Online Auction (local pick-up only) VIEW ONLINE CATALOG |
Company Information |
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Blackwell Realty & Auction Website: www.blackwellrealtyandauction.com GoToAuction.com ID#: 11883 View company information and listings |
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Listing Terms and Conditions |
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As Is, Non contingent transaction. Buyer to all due dilegence prior to the auction date. Buyer will execute purchase and sale contract at completion of auction and make a $100,000 nonrefundable downpayment (credited towards purchase price) no later than the monday following the auction. Sale is not contingent on appraisal, inspection or financing. Buyer can have inspection and appraisal done prior to auction and may use financing but MUST close in 45 days. Use the time prior to the auction to complete all due diligence. 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 are being represented by an agent we are paying broker participation IF your agent registers using the broker participation form available on the auction site. Please note that all broker participation forms must be filled out completely and received no later than 48 hours prior to the close of the auction. Broker participation is 3% of the winning bid. Example: Winning bid of $100,000 = $3000 broker participation paid to broker at closing. This property will be sold subject to the owner's confirmation, which means the owner has the ability to reject or accept the final bid. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. 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 a nonrefundable deposit $25,000. Payment may be made by personal check; cashier's check, wire transfer or cash. The balance is to be paid in full at closing within 30 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 but the auction is not contingent upon it. The contract will not be contingent upon financing, inspections or any other contingencies. Auction and its auctioneers and agents are representing the sellers as the sellers' agents. Blackwell Realty and 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 Wilson, 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 Lebanon, 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 48 Hours after you are the winning bidder. Blackwell Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended.
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Listing Information |
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Online Only Real Estate Auction: Gas Station-RV Park/Campground- Diner 6980 Sparta Highway, Sparta, TN 38583 Bidding Ends: November 20th at 6:00 PM CST
Discover a multi-faceted investment opportunity featuring a gas station, RV park, campground, and diner. This versatile property promises a diverse income stream and caters to a range of potential customers, making it an appealing prospect for investors seeking a dynamic and profitable venture in the hospitality and service industry.
Property Highlights:
1. RV Park/ Campground -16 RV spaces/campsites total -13 premium sites with 30A/50A power, water and sewer hookups -3 additional sites with 30A/50A power and water -Perfect for year-round camping and long-term stays -Late Model Doublewide with rental potential
2. Gas Station & Convenience Store -Prime location on Sparta Highway with high daily traffic count -Steady flow of local and traveler customers
3. Restaurant & Diner -Fully equipped and operational -Excellent opportunity for expansion
4. Additional Income Streams -House rental -Lodging options -Concessions & Entertainment
5. On-site Living Quarters -Apartment in the diner -Ideal for owner-operators or as additional rental income
6. Extras -Playground area for family-friendly atmosphere -Small auxiliary business building for extra rental income or expansion -5 Acreages and road frontage -Nearby boat ramp and lake access
7. Location & Potential -Situated on the busy Sparta Highway near Center Hill Lake -Part of the beautiful Cumberland Plateau -Huge potential for growth and expansion
Listing price is for search purposes only. Actual price will be determined at auction.
Blackwell Realty & Auction Shane McCarrell 931-302-4717 shane.mccarrell@gmail.com Auctioneer #6820/Affiliate Broker #348738 |
Auction License: #6820 |
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