ABSOLUTE Auction - 11 Lots in Shangri-La Subdivision, Boaz, AL
Shangri-La Subdivision - Boaz, Alabama Final 11 Lots Selling to the Highest Bidder(s) with No Reserve Live & Online Bidding Available. Online Bidding begins May 25th. Live Auction Saturday, June 8th at 10:00 a.m. (CT). The Morris Estate is conducting a Developer Closeout Sale on all remaining lots in the Shangri-La Subdivision. This is a quality residential development so whether you're building your dream home or investing, this is your opportunity to buy a great home site in a prime location featuring a 6+ acre lake. • Lots Offered Individually • Prime Building Sites • 6+ Acre Lake • Restricted Covenants for your Protection • Excellent Location Inside Boaz City Limits • Scenic, Quiet & Peaceful Living • Stream on Property • Fruit Trees on Lot 21 • Boat House & Dock on Lot 6 • Small Pier on Lot 7 • Designer Street Lights • Several New Subdivisions in Area • Many Homes being Built Nearby • Less than 2 Miles from US Hwy 431 AUCTION INFORMATION Auction: Online Bidding begins May 25th and the Live Auction will be held Saturday, June 8th at 10:00 a.m. CT. Auction Site: Live bidding will be at the Boaz Public Library, Mastin Room, 404 Thomas Ave., Boaz, AL. Bidding: All bidding is by the dollar. Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the Total Contract Price paid by the Purchaser. Terms of Sale: The Contract is to be signed and returned to Target Auction Company Auction Day (for live and online bidders). This is a Cash Sale with 10% down due when signing (for a live winning bidder) or by 4:00 p.m. on Monday, June 10th (for an online winning bidder) with the balance due at closing within 30 days. Broker Compensation: Buyer Brokers are welcome. Please see the Broker Compensation Form on our website. Directions to Shangri-La: From Boaz at the intersection of US Hwy 431 and Hwy 168, take Hwy 168 east for 0.9 mile, then turn left onto Martin Rd. and go 0.8 mile to the subdivision entrance on the right. Broker Participation Welcome. 10% Buyer's Premium. D. Jacobs, ALAU #5060
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