ENDED – ABSOLUTE REAL ESTATE AUCTION – SALE 1: 1,000,000 s.f. Income Producing Commercial Building, Rossville GA

THIS AUCTION HAS ENDED.

PROPERTY DETAILS:

Absolute Real Estate Auction

Approx. 1,000,000 s.f. Income Producing Industrial Facility on 27 Acres

555 McFarland Ave., Rossville, GA

Thursday, June 15^th at 12:00 PM

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• Approximately 1,000,000 +/- Total Square Feet
• 12 Separate Buildings
• 27 Acre Site
• Frontage on McFarland Ave.
• Additional Frontage on Williams St., Maple St. & Lake Ave.
• Currently Generating Approx. $13,000 Monthly Income
• Located in the Heart of Rossville, GA
• Convenient to Chattanooga & I-24
• Great Re-Development Site

TN License #62 GA Firm #273 GARE #17156

PAYMENT TERMS

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10% Buyer’s Premium On-Site: 13% Buyers Premium Online. Successful bidders will deposit 10% of the purchase price (including Buyer’s Premium) and is due on sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing.  CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. LAST AVAILABLE DAY TO CLOSE IS WEDNESDAY, JULY 5^TH.  NO EXTENSIONS AVAILABLE.

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A 2% commission will be paid to the Licensed Real Estate Broker properly licensed.

Broker Participation Sale 1 - 555 McFarland Ave, Rossville, GA

ZONING

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Zoning: 1 - 2: Industrial

ONLINE BIDDING

UTILITIES

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• Electricity: EPB (Electric Power Board)
  • 6 Meters
  • 4 Phase Power
• Water: Tennessee American Water
  • 2 Meters
• Sewer: City of Rossville
  • 2 Meters
• Gas: Information to come

TAXES

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Estimated Real Estate Taxes: $20,092.81 Buyer is responsible for pro-rated share of current year property taxes Back/Delinquent Taxes will be paid by seller.

PROPERTY DOCUMENTS

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• Building Specifications & Site Plan

• City of Rossville Zoning Code

• Rent Roll - 27 Acre Industrial Complex

• Plat Map - 27 Acre Industrial Complex

• Property Report - 27 Acre Industrial Complexx

• Tax Information

• Tax Map - 27 Acre Industrial Complex

• Utility Information

• Zoning Information

DIRECTIONS

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From the intersection of I-24 & Rossville Rd. in Chattanooga take Rossville Rd. S (Exit 180B) approx. 2.75 miles (you will cross into GA at about 2.5 miles). Turn right onto McFarland Ave. and travel approx. 0.4 miles to property on right.