SATURDAY, July 9th, 10 A.M.
Real Estate Auction in Flat Rock, Alabama
Thirty-five (35) +/- Acres in Flat Rock with great double road frontage North and South of County Road 174. The property has an older home on it plus another home site with public water and septic tank in place. The property is mainly open with tillable land, a nice pond, and Ross Branch running through the property.
Property to be offered in tracts, combinations, and back as whole!
Selling on location at 1500 County Road 174 in Flat Rock, AL
Flat Rock is an unincorporated community in Jackson County, Alabama sitting atop beautiful Sand Mountain. The Tennessee River lies below Flat Rock in nearby Stevenson. The Captain John Snodgrass Bridge, located over the Tennessee River on Alabama 117 in Stevenson, is more than 60 years old. It is one of the few remaining truss bridges in Alabama.
This property is in a great recreational area with Racoon Creek Wildlife Management Area nearby. This is a great development opportunity with all tracts having paved road frontage, public water, and power. The property is unrestricted.
The property will be offered in tracts, combinations, and then back as whole!
Financing Available with ALABAMA FARM CREDIT
BRANDI JONES: Loan Officer
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Things to know for this auction:
Auction Site: On location at 1500 County Road 174 Flat Rock, AL 35966.
Directions: From Flat Rock at the intersection of AL Hwy 71 and AL Hwy 117 take AL Hwy 117 toward Stevenson for 4.5 miles to County Road 174 and turn left. Go 1.3 miles to beginning of property. Auction signs are posted.
Preview: The property may be previewed at any time.
Registration: Registration will begin 1 hour prior to auction start time on sale day. All interested persons must register to bid prior to bidding.
Terms: There is a 10% Buyer’s Premium on the Real Estate that will be added to the Purchaser’s bid to arrive at the final bid price. The ten percent 10% Buyer's Premium is due on the day of auction for the Real Estate and will serve as the deposit. The deposit will be held in escrow until closing. Balance is due at closing. The closing will be held on or before August 9, 2022. This sale is not contingent on a potential buyer’s ability to obtain financing.
Survey Fees: A new survey will be performed, and the survey fees are $500 per tract if sold individually or $2,500 if sold as a whole. All survey fees are due and payable on the day of auction by the purchaser(s).
ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY ORAL, PRINTED, or PUBLISHED INFORMATION.