THIS IS A COMPLETED SALE
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View current listings by this company
Investment Income Producing Property Petros TN
Listing ID#: 754917
Sale Location |
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Oliver Springs, TN 37840 |
Sale Dates and Times |
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Bidding Starts: Thursday Feb 27 Bidding Ends: Thursday Feb 27 |
Sale Type |
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Company Information |
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JD's Realty & Auction LLC Contact: Jason Deel Phone: 8652644641 Email: info@jdsauctions.com Website: www.jdsauctions.com EstateSale.com ID#: 5434 View company information and listings |
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Listing Terms and Conditions |
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Auction Terms & Conditions
REAL ESTATE TERMS: 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 have a Realtor we are paying a Co-Op if you bring a buyer for this property. This home will be sold subject to the owner's confirmation. By registering in our auction today you agree to our terms & conditions and will be bound by those Terms and Conditions. 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 an earnest money deposit of 10% down . A ten percent (10%) buyer's premium will be added to the high bid to establish the total sales contract price. Payment may be made by personal check; cashier's check 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. The contract will not be contingent upon financing, inspections or any other contingencies. JD's Realty & Auction and its auctioneers and agents are representing the sellers as the sellers' agents. JD's Realty & 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 Anderson, 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 Clinton, 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 24 Hours after you are the winning bidder. JD's Realty & Auction will have up to 7 DAYS to provide the Buyer with any documents to be signed after the auction has ended. Lead Based paint- This home was built before 1978. A Lead Based paint disclosure is not required to be provided to the winning bidder. Contact JD's Realty & Auction for appointment. |
Listing Information |
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INCOME-PRODUCING SHORT-TERM RENTAL NEAR WINDROCK PARK
Welcome to 9418 Petros Highway, Petros, TN - a prime investment opportunity for outdoor enthusiasts and short-term rental investors! Nestled on approximately8.87 acres, this spacious modular home offers a true mountain retreat with modern comforts and rustic charm.
Boasting 5 bedrooms and a versatile 6th room, which can be used as an additional bedroom or an entertainment space, this home provides ample room for large groups and families. With 3 full bathrooms, guests enjoy convenience and comfort after a long day of riding the trails. Throughout the majority of the home, beautiful pine tongue-and-groove wood accents enhance the rustic, mountain-lodge ambiance that visitors love. There is a cemetery on a portion of the property at the top of the hill. Please see the map and survery for more details.
A Proven Investment
This property is a successful income-producing short-term rental, generating $35,497 in gross revenue last year. Its prime location just minutes from Windrock Park makes it a sought-after destination for off-road enthusiasts. Guests can ride directly from the property to the trails, with Trail 26/27 through Bald Knob being the closest access point.
Location & Attractions
Beyond the trails, guests are drawn to the rich history of the area, including the historic Brushy Mountain State Penitentiary, now a popular tourist attraction featuring tours, a distillery, and an event venue. The natural beauty of East Tennessee combined with endless outdoor adventure opportunities ensures a steady stream of visitors year-round.
About Windrock Park
Windrock Park is the largest privately-owned off-road park in the country, boasting over 73,000 acres of rugged terrain, scenic overlooks, and well-maintained trails for ATVs, UTVs, dirt bikes, and 4x4 vehicles. With over 300 miles of trails ranging from beginner-friendly routes to extreme off-road challenges, it attracts riders from across the United States year-round. The park also offers an event area, making it a premier outdoor recreation destination. This property's direct trail access to Trail 26/27 through Bald Knob ensures that guests can experience the thrill of Windrock Park without ever having to trailer their machines, making it an ideal rental or personal getaway for off-road enthusiasts.
Whether you're looking for a turnkey investment property, a mountain retreat, or a permanent residence with income potential, 9418 Petros Highway delivers unmatched value in an unbeatable location.
Don't miss out on this exceptional opportunity! Contact us today for more details or to schedule a private tour. 1 5/6 Bedroom 3 Bathroom 8.87 Acres Income Producing Make this your home or add it to your investment portfolio 5/6 Bedroom Modular Home. This home has been a vacation home and an investment property for the current owners. Morgan County Tax records indicate the following: Living area 2,560 Square F... |
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