AUCTION CANCELED – Gigantic Land Auction Near the Gulf Coast – Alabama
Entire 265 Acres Under Contract
Entire 265 Acres Under Contract
Thanks to all interested parties,
Auction Staff, Coastal Auction Co., Inc.
Gigantic Land Auction
Near the Alabama Gulf Coast
Location: 10600 Hwy. 83, Elberta, AL 36530
Saturday, June 22nd, 2019 at 10:00 AM (cdt)
(Registration begins onsite at 8:30 AM prior to auction)
The Land: Total of 265 acres of PRIME land that has several lakes and Miflin Creek that runs through the west side of the property. Roads and easements are cut to all tracts and land has a fair amount of pine and hardwood timber. Beautiful home building sites! Twenty-seven (27) acres front CR-83, which has county water, and a small home that is occupied and rented month to month is onsite. NOTE: This property will be offered in TRACTS, COMBINATIONS, or in its ENTIRETY.
Owner Financing Available: 15% down day of auction, 15% with deed within 45 days and balance financed by owner for 10 years at 2 points over prime with balance paid in full at end of five (5) years. NOTE: 10% Buyer’s Premium will apply.
INSPECTION: (11:00 am until 5:00 pm) CDT
- Saturday and Sunday, June 1 and 2
- Friday, Saturday and Sunday, June 7, 8 and 9
- Friday, Saturday and Sunday, June 14, 15 and 16
- Tuesday, Wednesday, Thursday, and Friday, June 18, 19, 20 and 21
All other inspections by appointment only – call Coastal Auction at (251)967-4044, (800)669-5717, or (251)978-4506.
All property is being sold “AS IS”. Coastal Auction Co., Inc. is the selling agent only. Announcements made at the auction supersede all oral and printed information. All information contained in the advertising was derived from sources believed to be correct, but is not guaranteed. Auctioneer reserves the right to deny any person admittance to the auction. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. Bidders shall look only to the property owner as to all matters regarding the property. The Auctioneer shall not be responsible or liable in any way if the owner fails to honor any bid, or refuses to, or cannot close sale in accordance with the winning bid or any contract entered in respect thereof. It is the buyer’s responsibility to verify all specifications prior to sale date. Seller reserves the right to add or delete property prior to auction. Coastal Auction Co., Inc. is not responsible for any accident while at this auction.
Owner Financing Available: 15% of final bid price due Auction Day, 15% with deed within 45 days and balance financed by owner for 10 years at 2 points over prime with balance paid in full at end of 5 years. Note: 10% Buyer’s Premium will apply. NOTE: Property will be offered in Tracts, Combinations or in its Entirety.
Location: 10600 CR-83, Elberta, AL 36530 (Two miles south of Elberta, Alabama on CR-83)
- From Foley, Alabama: Travel East on Hwy. 98 to Elberta and turn south on CR-83, then travel approx. (2) miles to the property.
- From the Foley Beach Express at OWA: Travel CR-20 East approx. (2) miles to the property on the right.
- From the Beach: Travel North on the Foley Beach Express, turn east on CR-20 and then travel (2) miles to the property on the right.
Auction Signs Posted at the driveway to the property.