ABSOLUTE ESTATE AUCTION

THE LESTER UNDERWOOD ESTATE SATURDAY, MAY 13, 2023 • 10:30 AM

1016 Thorngrove Pike,

Strawberry Plains, TN 37871

13.7 Acres offered in 3 Tracts or as a whole.

►Tract #1 – 2.4± Acres improved with a 5000± sq/ft

commercial building, fronting Thorngrove Pike.

► Tract #2 – 6.1± Acres improved with a 14 x 66 single

wide mobile home.

► Tract #3 – 5.2± Acres improved with a 2400± sq/ft, 3

bay garage and a 27 x 56 double wide mobile home.

A Phase I and Phase II Environmental Audit of the

property has been conducted. The Audit Report is

available for inspection here

PHASE I

https://eceservices.sharepoint.com/:f:/s/ClientShare/Evlnv6uOOFlKkPn1d65CF9IBF6LbxikXf2f5EFCHWSj0Qw?e=GiNy0g

PHASE II

https://eceservices.sharepoint.com/:f:/s/ClientShare/Enbz9ed5TNxFnEth5aejK7wBDMgT1Or8WTiX-84cxnaozw?e=Wo3ddA

or on the day of sale. The sale will be subject to the

items contained in the report. As part of the closing

documents the purchaser will release the seller from any

obligation related to the items mentioned in the report.

FOR ONLINE BIDDING, PLEASE CLICK THE FOLLOWING LINK

https://kennedyauction.hibid.com/catalog/451623/the-lester-underwood-estate-auction/

TERMS: REAL ESTATE – A 10% (13% if bidding online) non-refundable deposit of the contract price will be required day of sale. Each purchaser will also be required to sign a promissory note for the full purchase price which will become null and void upon closing of the sale. These properties are being sold as is without contingencies financial or other so please make any needed arrangements. Closings will take place on or before 30 days from sale day. This is a 10% (13% if bidding online) Buyers Premium auction. Information deemed reliable but not guaranteed. Announcements made day of sale supersede any and all printed or verbal statements made by the Owners or the Auction Co. NOTICE: Under U.S. c4582 (d) the purchaser of a single-family residence has a maximum of ten (10) days to conduct a risk assessment or inspection of the property for the presence of lead-based paint hazards. May 3, 2023 begins this ten (10) day period. This applies to all improved properties.

DIRECTIONS: From the intersection of Winfield Dunn Pkwy (Hwy 66) and Douglas Dam Rd (TN-139E) – Take Douglas Dam Rd (TN-139E) 7± miles to slight left onto Thorngrove Pike, follow 1.4± miles to sale sight on right. From the intersection of Asheville Hwy & Douglas Dam Rd (TN-139) – Take Douglas Dam Rd (TN-139) 0.78± miles to right onto Thorngrove Pike, follow 1.43± miles to sale site on right.

CLICK HERE FOR MAP!!