Name Nashville Commercial Real Estate
Auctioneer James R. Cash II Auctions & Real Estate
Type Live Webcast Auction
Date(s) 12/22/2020 - 1/27/2021
1/27/2021 At 1:00 PM Central 10 Lea Avenue, Suite 920 Nashville, TN
Preview Date/Time Public Preview Dates: January 16th, 2021 12:00 PM - 4:00 PM January 21st, 2021 12:00 PM - 4:00 PM Prospective Bidders can also request private showings by appointment.
Checkout Date/Time Closing 45 Days From Court Approval
Location 10 Lea Avenue
Nashville, TN 37210
Buyer Premium No Buyer's Premium.
Description
Commercial Real Estate Auction Featuring a 90,000+ Sq. Ft. Hotel, 5 Retail Storefronts 815 Murfreesboro Pike, Nashville, TN 14th & 15th Avenue North - Nashville, Tn 8 Deeded Lots In 3 Tracts Downtown Nashville, TN
Auction Terms & Conditions All Property Selling Subject To Court Approval And Selling under the direction of the Putnam Co. Chancery Court Case #2019-26. Linda Reeder, Clerk & Master. Terms & Conditions: 14th & 15th Avenue N | Nashville, TN - Lots • All prospective online bidders will need to place full earnest money deposit with James R. Cash Auctions in order to bid (Bank Wire or Cashier Check). • The Bid Deposit will be applied to the earnest money deposit of $25,000 per street (14th & 15th) • Unsuccessful bidders will be refunded their within 48 hours. • $1,000,000 Proof of funds required with bidder registration. • Proof of funds for the entire purchase price due within 24 hours after signing the purchase agreement. • The purchase will NOT be contingent on financing or inspections. • The balance shall be due in full within 45 days & upon court confirmation. • Property to be conveyed by a Clerk's Deed. 2021 Taxes Prorated to the date of closing. • Possession with deed. • All Property selling “As Is, Where Is” both surface and subsurface with no warranties. • Bidders should complete their own due diligence prior to the sale. • The buyer and/or buyer's agent is responsible for verifying all pertinent information deemed relevant by the prospective buyer including but not limited to square footage, acreage, taxes, assessments, permitting, planning, condition, utilities, traffic counts, etc. • ONLINE BIDDERS MUST DEPOSIT WITH FULL EARNEST MONEY DEPOSIT OF $100,000 PER PARCEL FOR REGISTRATION 48 HOURS PRIOR TO AUCTION DAY. TERMS & CONDITIONS: 825 Murfreesboro Pike, Nashville, TN • All online prospective bidders will need to place full earnest money Bid Deposit ($100,000) with James R. Cash Auctions in order to bid (Bank Wire or Cashier Check). • The Bid Deposit will be applied to the earnest money deposit for the winning bidder. • (Unsuccessful bidders will be refunded their $25,000 within 48 hours). • $1,000,000 Proof of funds required with bidder registration. • Proof of funds for the entire purchase price due within 24 hours after signing the purchase agreement. • The purchase will NOT be contingent on financing or inspections. • The balance shall be due in full within 45 days & upon court confirmation. • Property to be conveyed by a Clerk's Deed. 2021 Taxes Prorated to the date of closing. • Possession with deed subject to existing tenants/leases. • All Property selling “As Is, Where Is” both surface and subsurface with no warranties. • Bidders should complete their own due diligence prior to the sale. • The buyer and/or buyer's agent is responsible for verifying all pertinent information deemed relevant by the prospective buyer including but not limited to square footage, acreage, taxes, assessments, occupancy, permitting, planning, condition, traffic counts, leases, utilities, hotel agreements, etc. • ONLINE BIDDERS MUST DEPOSIT WITH FULL EARNEST MONEY DEPOSIT OF $500,000 FOR REGISTRATION PRIOR TO AUCTION DAY. Property is being sold in cooperation with: Amonett’s Eagle Auction Cookeville, TN Lee Ammonett, Auctioneer & Broker 931.252.1907 Referred By: Justin Ochs, 615.507.5984 VP of National Development REAL LOOK REAL ESTATE AUCTION CONDUCTED ON SITE AT James R. Cash Auctions Corporate Headquarters: 10 Lea Avenue, Nashville, TN / 9th Floor It is also understood and agreed that buyer shall hold harmless and indemnify James R. Cash Auctions & Real Estate, LLC, Real Look, LLC and Amonett’s Eagle Auction & Realty, LLC, as agents for the Seller, and the Seller from any and all claims, cost or expenses, including reasonable attorney fees, which may arise out of any actions, inactions, and/or representations made by the Seller or its Agents in connection with the sale of this property. CONDUCT OF THE AUCTION: Each property is being sold on an AS - IS, WHERE-IS basis. The Buyer’s complete inspection and the inspection of the property by the Buyer’s experts prior to the commencement of the Auction are encouraged. Conduct of the Auction and increments of the bidding are at the direction and discretion of the Auctioneer. Seller and Auctioneer reserve the right to refuse admittance to or to expel anyone from the Auction for any reason, including, but not limited to, interference with Auction activities, creating a nuisance, canvassing, or soliciting. Announcements made from the podium at the time of the Sale take precedence over all printed materials. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 497,500.00 500,000.00 USD
497,500.01 - 1,000,000.00 250,000.00 USD
1,000,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium.
Payment Terms
All prospective bidders will need to place a complete earnest money "Bid Deposit " with James R. Cash Auctions in order to bid (Bank Wire or Cashier Check). The Bid Deposit will be applied to the earnest money deposit of $100,000 for the winning bidder of 825 Murfreesboro PIke, And $25,000 or Per Street on 14th & 15th Avenue North Properties. (Unsuccessful bidders will be refunded their $25,000 within 48 hours via cashiers check) Onsite Bidders Must Place a $25,000 Bid Deposit In Order To Bid. This will be applied to the balance of the earnest money deposit. Proof of funds required within 24 hours of completion of the Purchase Agreement. The balance shall be due in full within 45 days & upon court confirmation. Property to be conveyed by a Clerk's Deed. 2021 Taxes Prorated to the date of closing. Possession with deed subject to existing tenants/leases. All Property selling “As Is, Where Is” both surface and subsurface with no warranties. Bidders should complete their own due diligence prior to the sale. The buyer and/or buyer's agent is responsible for verifying all pertinent information deemed relevant by the prospective buyer including but not limited to square footage, acreage, taxes, assessments, occupancy, permitting, planning, condition, traffic counts, leases, hotel agreements, etc.