201 Ron Royce Dr, Elizabethton, TN 37643

THIS IS AN ONLINE AUCTION EVENT. THE STARTING BID BY NO MEANS REFLECTS THE FINAL BID OR THE FINAL ACCEPTABLE SALES PRICE THAT THE SELLER WILL TAKE. BIDDING BEGINS MONDAY AUGUST 28TH @ 8:00 A.M. AND BEGINS CLOSING TUESDAY SEPTEMBER 5TH AT 6:00 P.M. THIS IS AN ONLINE AUCTION EVENT 201 Ron Royce Drive, ELIZABETHTON, TN 10 UNIT APARTMENT COMPLEX WITH 2.7 ACRES OF LAND. AUCTIONEERS NOTE: Upcoming Online Auction Event: Great opportunity to own a 10-unit apartment complex just outside of the city limits of Elizabethton. All units are 2 Bedrooms with 1 ½ baths. Great floor plans having a living room in the front, kitchens at the back and a small deck with outdoor storage. Downstairs laundry closet and a ½ bath down stairs. 2 Bedrooms upstairs with a hall bath. All brick facade on the front and vinyl siding on the back. All units are separately metered for electricity and water is served by a well. All units have a heat pump and there is paved parking. First time offered on the market. Building Facts: Built in 1991. Tax: Appraised value $524,900.00. County Taxes $4,262.19. Rents are $650.00 per month and all tenants are on a month-to-month lease. TERMS: 10% DOWN AT CONTRACT SIGNING, CLOSING TO BE WITHIN 30 DAYS OF CONTRACT SIGNING. SELLER IS SELLING AS IS WITH NO WARRANTIES EXPRESSED OR IMPLIED. HOME WAS BUILT BEFORE 1978 LEAD BASED PAINT INSPECTION MAY BE PERFORMED BY THE BUYER, HOWEVER SELLER WILL NOT CURE ANY ISSUES THAT MAY BE FOUND. ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER ANY PREVIOUS ADVERTISEMENTS. AUCTION IS SUBJECT TO SELLER'S APPROVAL OF FINAL BID. ANY BUYER AT ANY GIVEN TIME MAY BE ASKED TO PROVIDE A PROOF OF FUNDS LETTER AND A $25,000.00 GOOD FAITH DEPOSIT BEFORE BEING ALLOWED TO PARTICIPATE IN THE AUCTION.