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| Auction Information: Saturday, March 17, 2012 10:30 AM |
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Brick Rancher, 18 Acres, 7 Tracts
Starter Home, MFG Home - Barns, Ponds, Views!
Featured Home: Modern Brick Rancher with 3 bedrooms, 3 full baths, over 2,600 SF. Home includes 2 car garage, large deck, central heat & air, mud room and carport. Home is situated on level lot in grass with 1+ acres and is improved with 2 story storage building ideal for potential additional living quarters.
Rental Home: This 2 bedroom frame home has main living area, kitchen and full bath. Great tenants with current rental income of $600 per month. Property has additional storage garage, is situated on lush grass 1+ acres and is improved with utility water and separate well.
MFG Home: 1991 Clayton Home has 3 bedrooms, 2 full baths and is currently leased for $550 per month. Home has nice grass yard and is improved with border fencing.
Grounds: Offered for the first time, The Geneva Jenkins Estate is a wonderful setting of open lush grassland that is elevated, offering commanding views of the Cumberland Mountain Range. The property will be sold in 7 Tracts from 1 to 6+ acres with a pond ideal for horses or cattle. Tract 2 features a small all purpose barn and Tract 9 features a small stream and pond. Each tract has access plus utility water and electricity. The property will be offered individually, in sections and as a whole consisting of over 18 acres unrestricted.
10% Down Day of Sale, Closing in 20 Days. Property to be Sold with a 10% Buyer's Premium and a $500 Survey Origination Fee.
25 Year Terms on land available at 5.5% Interest with approved credit. Contact David Alley 389-7361.
Open House Property Tours: All 3 Homes will be available for inspection as well as property tours of the Estate on Sunday March 11 from 1 to 4 PM.
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Kingston, TN
From Knoxville take I-40 West to exit 356B, merge onto S. Gallaher Road 1.5 miles, turn right onto Kingston Hwy TN-1W/US 70W 1.2 miles to property on left. |
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