• Joe Johnson

REAL ESTATE AUCTION

Updated: Sep 1, 2021

“The Sandra R. Click Trust” Property, 403 and 327 E. Main St. in Church Hill, Tenn. 37642 consisting of a 4 unit, brick, apartment building, two houses, a brick ranch and a vinyl farmhouse and a vacant lot, for further improvement, zoned B-3 and two residential lots, zoned R-3 on North Central Ave., Church Hill, Tenn. 37642!!!!!


SATURDAY, AUGUST 21ST, 2021 @ 10:00 A.M.


REAL ESTATE DESCRIPTION: 403 E. Main Blvd., Church Hill consists of a 0.42 acre lot improved with a 4 unit, brick townhouse, apartment building currently leased with a gross income of $21,840.00 per year. The units are all 2 bedrooms, 1.5 baths, with living room and kitchen/dining combined with front and back porches, heat-pumps and ample paved parking.


327 E. Main Street, Church Hill, Tenn. 37642-Improved with two houses and a vacant lot that can be improved upon. There is a brick ranch style home featuring two bedrooms, large living room, kitchen/dining combined with appliances, heat-pump, full basement, attached carport and a detached double garage and the current time is vacant. The farmhouse style home has two bedrooms, full bath, living room, kitchen/dining combination, heat-pump, partial basement and is currently leased. The vacant lot in between the two properties is level and has City sewer and water available for further development/construction, zoned B-3. The two North Central Lots will be offered as well and we will sell all the properties from the E. Main St., Church Hill, Tenn. 37642 address/location.


We will offer the properties individually and then as a whole with a 5% raise and putting the properties together. There will be a 10% Buyer’s Premium to be added to the top final bid(s) to determine final sales price(s).


TERMS OF SALE: 10% Sale Day of the final sales price(s) to be deposited into our Auction Escrow Acct. and the balance is to be paid in full, on or about 30 days from Sale Date.


BROKER PARTICIPATION FEE: We will offer a 25% Broker Participation Fee on the Buying Side of the transaction to any Firm/Agent who registers their buyer on our referral form 24 hours prior to the sale and that person is the top bidder sale day and the transaction closes.




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