This is a prime 276-acre parcel, ideally located near Lake Allatoona
Transcription
This is a prime 276-acre parcel, ideally located near Lake Allatoona
T his is a prime 276-acre parcel, ideally located near Lake Allatoona in Bartow County, where 18 of the 25 tracts adjoin the Corps of Engineers or conservation property lines at Lake Allatoona. The seller of this property is Wilderness Camp, LLC, an entity formed for the benefit of the heirs of R. Howard Dobbs. Mr. Dobbs was born in Atlanta in 1906. His distinguished career at the Life Insurance Company of Georgia began in 1925. After holding several positions with the company, Mr. Dobbs served as president and chief executive officer for 22 years (1948-1970). He then became chairman of the Executive Committee until he retired in 1976. Mr. Dobbs created the R. Howard Dobbs, Jr. Foundation, a private charitable foundation, in 1959. He died on June 9, 2003, at the age of 97. He was a true Southern gentleman, exhibiting restraint and modesty in every aspect of life. This property sells at absolute auction, where the seller does not reserve the right to reject any bid. Highest dollar buys, regardless of price. Make your plans to attend this important real estate liquidation on Saturday, March 29 and buy at the price you set at absolute auction. Excellent Location This property is located approximately four miles east of I-75 off of Highway 20 in Bartow County. From Exit 290 on I-75, go east four miles to Wilderness Camp Road, turn right, go 0.8 of a mile to the property. Auction signs and arrows will direct. Most of the tracts are adjacent to the U.S. Army Corps property line at Lake Allatoona. There are two public boat ramps and a marina within the property’s immediate area. About the Property If you have been looking for large acreage tracts on the north side of Atlanta and near recreational facilities like Lake Allatoona, here is your opportunity to buy, at the price you set, at absolute auction. This 276-acre tract has been divided into 25 acreage tracts ranging in size from 2.78 to 49.2 acres. You will find heavily wooded tracts, most fronting on the Corps of Engineers property line at Lake Allatoona. All lots have paved road frontage, are flagged and ready for inspection. Water, electricity and telephone are all available, and protective covenants are in place for assurance of a quality development. You will see 25 beautiful building sites, each with its own distinctive features and topography. ÿ ÿ ÿ ÿ ÿ ÿ ÿ Call f 276 acres divided, selling at absolute auction or pro inform ation perty 25 tracts from 2.78 to 49.2 acres packa ge Easily accessible, four miles east of I-75 off Highway 20 All paved road frontage and protective covenants Two public boat ramps & a marina are within the property’s immediate area Most tracts are adjacent to Corps lines at Lake Allatoona Contact auctioneer for property covenants TRACT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ACRES 2.784 5.382 5.404 4.863 4.600 4.600 4.600 4.600 4.600 4.900 8.507 9.040 10.355 13.095 12.709 4.850 13.018 12.693 49.219 16.087 16.889 14.041 24.888 11.410 12.254 Presorted First Class U.S. Postage Paid Rome, GA Permit #4 200 Cobb Parkway North, Suite 120 Marietta, GA 30062-3538 telephone: 770.425.1141 facsimile: 770.425.4413 J ohn Dixon & Associates Setting the standard in professionalism. Auction Terms & Conditions PROPERTY LOCATION: From Atlanta, I-75 north, take Exit 290 at Highway 20 and go east four miles to Wilderness Camp Road, turn right, go 0.8 of a mile to the property. Auction signs and arrows will direct. Most of the tracts are adjacent to the U.S. Army Corps property lines at Lake Allatoona. AUCTION SITE: Quality Inn, 235 S. Dixie Avenue (US Highway 41), Cartersville, Georgia. INSPECTION: The property is available for inspection any time at your own risk. TERMS: Pay 20% down of the purchase price at the auction. Balance will be paid in full at closing to be held within 30 days. A copy of the sale contract may be reviewed prior to the auction by contacting the auctioneer. CLOSING: Balance of the purchase price is due in 30 days, on or before Tuesday, April 29, 2008. BUYER'S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a 10% buyer’s premium of $1,000 will be added to arrive at the total purchase price of $11,000. CLOSING ATTORNEY: ATTORNEY: Closings will be conducted by Lane & Karlo. Deed preparation and attorney’s closing fees will be paid by the seller; all other normal closing costs will be paid by the purchaser. Taxes will be prorated as of date of closing. Title insurance will be available at purchaser’s expense. AGENCY: John Dixon & Associates, auctioneer/broker, is acting exclusively as agent for the seller. SURVEY: SURVEY: The property will be surveyed by Slate & Associates, RLS. The cost of the survey and marking of the corners will be paid by the purchasers at a rate of 454 per linear foot with common boundary lines split 50/50 between adjoining purchasers. Final purchaser price will be adjusted based on the final survey plat. SPECIAL NOTE: NOTE Property is selling subject to easements, restrictions, covenants, conditions, zoning and all other matters revealed by a current survey or an inspection of the property or contained in public records. The only representation and warranties made are those contained in the Contract of Sale. Properties will be conveyed by Limited Warranty Deed. Information contained herein was obtained from sources deemed reliable. No personal property conveyed with real estate unless denoted in contract. Although every precaution has been taken to ensure accuracy, neither the seller, John Dixon & Associates nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters. GAL #2034 C A L L F O R I N F O R M AT I O N 800.479.1763 7 7 0 . 4 2 5 . 11 4 1 • 7 7 0 . 4 2 5 . 4 4 1 3 f a x johndixon.com • [email protected] 03/08