REAL ESTATE AUCTION

5605 Asheville Highway
Greeneville, TN 37743

Friday, June 30th at 12:00PM

BID LIVE OR ONLINE

CLICK HERE FOR ONLINE BIDDING

Over 123 acres of land with river frontage and
2300′ of road frontage – to be sold as a whole

Property is currently being operated as the
Nolichucky Golf Club, LLC (18-hole golf course)

Auction is for the land only – equipment can be
purchased separately

Excellent location for continued use as a golf course, subdivision development, nursery, winery or event center

Property is fully irrigated

Approx. 6936SF clubhouse with restrooms, shower, 2 offices, cart storage, pro shop area, and dining area

2388SF maintenance building

960SF open-air pavillion

384SF equipment building

Property is currently zoned A1

Total tax appraisal: $2,135,400

Total property taxes: $ 11,101.76

Parcel IDs:

146A D 020.00 – special interest 005

146A D 001.02 – special interest 000

146A D 001.02 – special interest 001

146A D 001.02 – special interest 002

146A D 001.01 – special interest 000

146A D 020.00 – special interest 000

146H B 001.00 – special interest 000

146H B 001.00 – special interest 028

***IN ORDER TO BID ONLINE, YOU MUST PROVIDE POWELL AUCTION & REALTY, LLC WITH A BANK LETTER OF GUARANTEE TO BE APPROVED TO BID!!! ONCE RECEIVED BY POWELL AUCTION & REALTY, LLC YOU MAY BEGIN TO BID. PLEASE CONTACT US AT 865-938-3403 WITH ANY QUESTIONS***

TERMS: The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions, and any other documents needed immediately upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales contract price. US currency cash or approved check. The balance is to be paid in full at deed closing within 30 days. Greene County Title to conduct the closing. Current taxes will be prorated at the the date of closing. Seller to provide deed. Buyer is responsible for title opinion, title insurance and recording fees. Customary closing costs to be split between the buyer and seller. Buyer is to obtain their own financing. The contract will not be contingent upon financing, inspections or any other contingencies. Powell Auction & Realty, LLC and its auctioneers and employees are representing the sellers as the sellers’ Agents. 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 waiver will be a part of the sales contract. Lead-based paint inspection begins May 16th, 2017.

ONLINE REAL ESTATE TERMS: Thank you for participating in a Powell Auction & Realty, LLC Online Auction. It is important that you familiarize yourself with the Terms and Conditions of the Sale. If you do not agree with any of the terms and conditions stated, PLEASE DO NOT BID or you will be bound by those Terms and Conditions. Good luck and good bidding. Auctioneer/Employees without notice may 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. Payment must be made within 24 Hours after being contacted by Powell Auction & Realty, LLC. Powell Auction & Realty, LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. 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.