45 Acres, Cabin, Big Cedar Creek

Farm Description

44.661 Acres - Located on Spout Springs Road in Cave Spring, GA

This property used to be an old cotton farm and has beautifully terraced pasture.

Features approximately 1/2 mile of Big Cedar Creek frontage with 4 seperate sets of shoals

2 Br / 1 Ba cabin with full wrap around porch, loft, indoor and outdoor fireplaces, central h/a, 5 double walk out doors - construction completed in 2007

In 2011 we have planted approximately 4,500 pine trees which will reduce the amount of pasture by 35% and decrease mowing, but can easily be removed if you want the pasture



Easy access to Cave Spring - 20 minute drive to Floyd Hospital in Rome



Call anytime for details or email

The property is in a conservation easement which restricts further development. Furniture and Tractor reserved.



HOW THE AUCTION WORKS: This is a new and unique way that we are marketing and selling tracts. We are screening our sellers and making sure that they are motivated and capable of pulling the trigger and selling these tracts. We have a bid deadline for this auction of November 3rd 2 PM. Anyone who submits a bid, any bid at all, will notified of their position once the bid deadline passes and they will have a chance to renegotiate their bid. The bidding will close completely within 24 hours.



STEPS:

REGISTER: You can register on this page. By registering, Dempsey Auction Co. will contact you and start the process. We will talk you through the details of the property and the bidding process.

DUE DILLIGENCE: We highly recommend that you go and walk the property before making a bid. We will be happy to meet you at the property and walk it with you if it would be helpful. Any questions you have regarding survey, zoning, conservation easement, etc can be addressed.

LETTER OF INTENT: We have a sample letter of intent that you can view or download on this page. This is our suggestion. However, you can use your own Letter of Intent or we can help you create one. This letter of intent will outline the terms of your offer and the conditions of the closing.

CONFIRMATION: Our goal is to sell it as high as we can and yours is to buy it as cheap as you can. This is a very fair and open process. Anyone who submits a bid will have a chance to see all the bids and compete, just like a real live auction. Once the bidding process stops, which will be within 24 hours of the bid deadline, we will work with the seller to confirm the bid.