Operating tennis club located in beautiful Augusta, GA. 13 tennis courts including 6 hard courts, 2 red clay and 5 har tru clay. Equipped with facilities for a restaurant and/or sports bar. 8,000+/- square foot clubhouse also includes full fitness center, two pools, mens' and ladies' locker rooms, pro shop and a third floor available for offices or numerous other uses. Resort like setting with mature trees and the famous Raes Creek flowing through the property (just two miles from Augusta National). Excellent investment opportunity with major value-added potential.
Tranzon Asset Advisors Edward Durnil, Georgia Firm # H-65291, Auctioneer #AU003960 and Broker #350256
Terms and Conditions
The following summary of Terms & Conditions of Auction Sale is only intended to
provide you a brief outline. For a complete copy, either download the Property Information
Package, if available, or contact
Tim Mast CAI AARE
888-791-7307 ext 84
email@example.com. All bidders must agree to all of the Terms & Conditions
of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn
or modified without notice at anytime.
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7% Buyers Premium based on the high bid.
Closing must occur within 30 days after the auction. Sold in As-Is condition, no contingencies. NOTWITHSTANDING ANYTHING CONTAINED HEREIN TO THE CONTRARY, THE FULLY EXECUTED PURCHASE AND SALE AGREEMENT (A COPY OF WHICH IS AVAILABLE FOR DOWNLOAD WITH THE PROPERTY INFORMATION PACKAGE) SHALL CONTAIN THE SPECIFIC TERMS OF THE SALE AND SHALL GOVERN THE RELATIONSHIP BETWEEN SELLER AND PURCHASER.
Minimum deposit of $25,000 in guaranteed funds, with final non-refundable deposit equal to ten percent (10%) of total purchase price due in full to Stewart Title Guaranty Company within 3 business days after being declared the winning bidder.
2% of the high bid will be paid to a properly registered buyer broker upon consummation of closing.
Agency Disclosure: The member company acting as auctioneer/agent is an agent
for the seller only.
Disclaimer: Information contained herein is believed to be correct to the
best of auctioneer/agent's knowledge but is subject to inspection and verification
by all parties relying on it. Sellers, their representatives and auctioneer/agent
shall not be liable for inaccuracies, errors, or omissions. All square footage and
other dimensions are approximate. This offering is subject to prior sale and may
be withdrawn, modified or cancelled at any time without notice.