ABSOLUTE LAND AUCTION
WHEN: Thursday, June 22, 2023
TIME: 11:00 AM
WHERE: Bakerville Road, Waverly, TN 37185
AUCTION HELD AT: Overholt’s Farm Market
ABSOLUTE LAND AUCTION
Thursday, June 22, 2023 @ 11AM
Bakerville Road, Waverly, TN 37185
Auction Held At: Overholt’s Farm Market, 14520 Highway 13 S, Hurricane Mills, TN 37078
245+/- ACRES SELLING IN 3 TRACTS!
OVER $300,000 TIMBER VALUE!
QUALITY TIMBER – ABUNDANT WILDLIFE
Current Timber Value between $600,000-$800,000! Giving the owner portion of timber at cutting is valued at $300,000-$400,000! Timber can be cut year around! ABUNDANT WILDLIFE! This wonderful property has over 3,000’ of road frontage on Bakerville Road and Roberts Creek Road in Waverly Tennessee. Cruise the Timber! You will find quality hardwood timber including white oak, yellow poplar, hickory, chestnut oak, red oaks, post oak, and miscellaneous hardwoods. The wildlife is abundant on the farm; make this a great hunting tract! Or build your dream home on your very own private oasis with scenic views and convenient location being minutes from I-40, Waverly, or Buffalo.
REAL ESTATE TRACTS:
Tract 1: 106.44 Acres
Tract 2: 24.04 Acres
Tract 3: 114.28 Acres
REAL ESTATE SELLS ABSOLUTE TO THE HIGHEST BIDDER AT 11:00 AM!
Auction Held At: Overholt’s Farm Market, 14520 Highway 13 S, Hurricane Mills, TN 37078
REAL ESTATE TERMS: 15% Down Day Of Sale Balance In 30 Days. A 10% Buyer’s Premium Will Be Added To The Final Bid & Included In The Contract Price. Make Inspections Prior To Date Of Sale.
TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 3 tracts.
BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2023 ad valorem taxes will be prorated at closing
SURVEY: The property will be sold by a new survey. Buyer is responsible for 50% of the survey costs.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
- Details
ABSOLUTE LAND AUCTION
Thursday, June 22, 2023 @ 11AM
Bakerville Road, Waverly, TN 37185
Auction Held At: Overholt’s Farm Market, 14520 Highway 13 S, Hurricane Mills, TN 37078
245+/- ACRES SELLING IN 3 TRACTS!
OVER $300,000 TIMBER VALUE!
QUALITY TIMBER – ABUNDANT WILDLIFE
Current Timber Value between $600,000-$800,000! Giving the owner portion of timber at cutting is valued at $300,000-$400,000! Timber can be cut year around! ABUNDANT WILDLIFE! This wonderful property has over 3,000’ of road frontage on Bakerville Road and Roberts Creek Road in Waverly Tennessee. Cruise the Timber! You will find quality hardwood timber including white oak, yellow poplar, hickory, chestnut oak, red oaks, post oak, and miscellaneous hardwoods. The wildlife is abundant on the farm; make this a great hunting tract! Or build your dream home on your very own private oasis with scenic views and convenient location being minutes from I-40, Waverly, or Buffalo.
Property Features:Fiber InternetNatural GasNear Loretta Lynn’s RanchKentucky Lake/Tennessee River AreaTimber can be cut year around. Winter tract cutting of timberJust off exit 143 of I-40Great place to build out Cabins or RV sites.REAL ESTATE TRACTS:
Tract 1: 106.44 Acres
Tract 2: 24.04 Acres
Tract 3: 114.28 Acres
REAL ESTATE SELLS ABSOLUTE TO THE HIGHEST BIDDER AT 11:00 AM!
Auction Held At: Overholt’s Farm Market, 14520 Highway 13 S, Hurricane Mills, TN 37078
REAL ESTATE TERMS: 15% Down Day Of Sale Balance In 30 Days. A 10% Buyer’s Premium Will Be Added To The Final Bid & Included In The Contract Price. Make Inspections Prior To Date Of Sale.
- Terms
TERMS AND CONDITIONS
PROCEDURE: The property will be offered in 3 tracts.
BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the deed transaction sale price.
DOWN PAYMENT: 15% as down payment on the day of the auction with balance in cash at closing on or before 30 days. The down payment may be in the form of cashier’s check, personal check, or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
CLOSING: Closing shall take place on or before 30 days from auction date.
REAL ESTATE TAXES: All 2023 ad valorem taxes will be prorated at closing
SURVEY: The property will be sold by a new survey. Buyer is responsible for 50% of the survey costs.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections investigations, inquires, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.
NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.
- Brochure
- Online Bidding
- Financing
- Plat
- Timber Cruise