84 Acre Development Tract - Spring Hill - ONLINE ONLY

Forest Trails is an 82-lot development with preliminary approval by Maury County Planning Commission. This development has road frontage on Ollie Chunn Road as well as Highway 431. The property selling consists of Tracts identified as Maury County Tax Map 48 parcel 23.05, parcel 24.01, and parcel 24.02.  Parcels 23.05 and 24.02 are the areas of the proposed development. Parcel 24.01 is designated as the area for the wastewater drip field for the development. Only minutes from the new June Lake Exit to I-65.

Or if you are looking for a larger tract for investment, this is your chance to purchase 84 acres as a whole.

• Contract  of Purchase and Sale 
  Immediately following the close of the bidding, the high bidder will be required to enter into a Purchase and Sale Agreement. Non refundable Earnest money of 15% of the purchase price will be required as down payment with the balance due at closing. There are no contingencies to the financing or the contract. The seller is furnishing deed and title insurance to the buyer. 
• Buyer's Premium
  6% buyer's premium will be added to the high bid price to determine the total contract sales price for the Property.
• Auction Ending
  Beginning at the stated closing time, the auction software will conclude bidding on Tuesday October 22nd at 10 am.
• This auction features a soft close which means that if a bid is received in the last 5 minutes before the auction scheduled ending date, the auction will automatically reset for 5 additional minutes until no bids are placed in the ending time. 
• Closing Attorney is MTLawgroup - 809 South Main Street, Suite 100 Columbia, TN, 38401 (931) 548-0819
  The Escrow Agent / Closing Attorney will only accept payment by wire transfer or cashier's check. The Purchaser shall pay the remainder of the total contract sales price at the real estate closing. Closing shall take place within 30 days of the conclusion of the auction.
• Agency Gary Realty & Auction and its agents are acting as agents for the sellers. Bidders are responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property