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3 PARCELS SOLD! Remaining available - Call 601.209.3291 66.03+/- acres on J Ed. Turner Rd. by Hattiesburg Country Club divided into 11 parcels. Two ABSOLUTELY WILL SELL, REGARDLESS OF PRICE!

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Brief Description

11 Acreage parcels inside the Hattiesburg city limits - City Fire, Police and Utilities! Oak Grove Schools! Parcels vary from +/- 5 acres to +/- 12 acres. Incredible Opportunity!

Auction Schedule

Live On-Site Auction

Began: 10/23/08 at 6:00 PM MDT

Inspection

Began: 10/19/08 at 2:00 PM MDT

Ended: 10/19/08 at 4:00 PM MDT

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Details

Parcel (1)   4.06 ac
Parcel (2)   5.01 ac
Parcel (3)   4.99 ac
Parcel (4)   5.00 ac
Parcel (5)   5.04 ac
Parcel (6)   5.14 ac
Parcel (7)   5.29 ac
Parcel (8)   5.51 ac
Parcel (9)   5.80 ac
Parcel (10)  8.35 ac
Parcel (11) 11.84 ac

This property is just over the Forrest County line and is actually in Lamar County.  It is also inside the Hattiesburg City Limits - meaning it has City Conveniences (City Fire, City Police and Utilities) with the country feel of the acreage.  Also, this property lies within the desirable Oak Grove School District.  Running along this property immediately to the south is the LONGLEAF TRACE hiking / bicycle trial, a Rails-to-Trails recreational park built over old rail beds - this is a fantastic plus for all bikers, walkers and joggers.  LONGLEAF TRACE runs from Hattiesburgs MS, to Prentiss, MS (32 miles) along an abandoned rail road that was converted and paved. It includes all of the Stations along the way (parking and trail entrances) and includes some of the mile markers along the way. 
 

The property we are selling is just a few hundred feet down the road from "The Preserve", a gorgeous, upscale development of lots from .4 ac to .92 ac that range in price from $55,000 to 95,000 per lot.  For information on the beginning of this subdivision, read this article:  http://www.hattiesburgamerican.com/apps/pbcs.dll/article?AID=2008808310315  This is the price list of the lots in "The Preserve" to give you some indication of the value of this land:  http://www.hattiesburghomes.com/html/preserve/price.html  This is a copy of the plat showing the lot sizes in "The Preserve":  http://www.hattiesburghomes.com/html/preserve/Preserve%20Plat.pdf 

The offered property also is extremely close to University of Southern Mississippi's exciting new Innovation and Commercialization Park. 

To the right in the "Documents" are a plat of the 65.8 acres divided and a map of the area.

To access parcels 10 and 11 from J. Ed Turner Rd., a 50 ft. wide deeded access parcel running along the east property line of Augusta Court and crossing Longleaf Trace will be included in the acreage for those parcels.  The buyers of parcels 10 and 11 will each own a 50% undivided interest in the 50 ft deeded access and be responsible for putting in the access road to parcels 10 and 11.  

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Auction Terms

                           REAL ESTATE TERMS AND CONDITIONS

BLUE SKY AUCTIONS, LLC

KELLY HOGUE, AUCTIONEER

REGISTRATION: In order to obtain a bidder’s number, you must present a valid driver’s license and a cashier’s check in the amount of $5,000.00. (We do not take these up, you simply show the certified funds to register to bid.) This cashier's check will be made payable to yourself.  If you are the successful bidder, you will simply sign it over to the auction company and we in turn sign it over to the closing attorney to be held as earnest money in escrow until closing.  If you are not the high bidder, the cashier's check is in your name and your possession to do with as you will.  We receive this question often and it is important that you understand that it does not cost money to register to bid, the cashier's check will stay in your possession and you only need to show it at registration in order it to register to bid.

REAL ESTATE TERMS: The high bidder will be required to place a non-refundable bid deposit of $5,000.00, which will be held as earnest money in escrow until closing and will then be credited to the buyer as part of the purchase price of the property. The successful bidder must sign the real estate contract immediately upon conclusion of the bidding with the closing to take place within 30 days from the date of the auction. The entire purchase price must be paid by cashier’s check or certified check, or wired funds at closing. No purchase shall be contingent on financing or any other contingencies. Buyer is entitled to and the seller will provide a deed marketable title for property upon full payment.  All property not advertised or announced to be "absolute" is sold subject to seller confirmation. 

CONDITION OF PROPERTY: Property is sold "AS IS, WHERE IS" condition and neither Kelly Hogue, auctioneer of Blue Sky Auctions, LLC, the sellers, nor their representatives, agents, or employees make express or implied warranties or representations of any kind.

QUESTIONS: Questions will be entertained only prior to the commencement of the Auction proceedings. Please see a bid assistant for questions during the sale itself. If any dispute arises between or among bidders, the decision of the Auctioneer shall be final and absolute.

BUYER’S PREMIUM: A buyer’s premium of 10% will be added to the high bid to determine the total price for the real estate.

DISCLAIMER: Announcements made at the auction supersede all printed material or any oral statements made by anyone employed by, representing, or associated with Blue Sky Auctions, LLC. All information included herein was derived from sources believed to be correct, but is not guaranteed.

Directions

From Hwy 49, Near the intersection of I-59, turn West on Classic Dr.  Stay on Classic Dr. passing Hattiesburg Country Club on your right.  Turn Right onto J. Ed Turner Rd.  The lots are all on your left, across the street from Country Club Estates and all clearly marked with signs and survey markers.

Map


Blue Sky Auctions LLC

http://auctionbluesky.com

133 Executive Dr., Suite C Madison, MS 39110

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AuctionServices
KELLY HOGUE
133 Executive Dr., Suite C, Madison, MS 39110
(601) 209-3291 or (601) 853-0682