Auction, 11 Waterfront / View Lots

Land Description

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 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.

Broker Participation Welcome. 10% Buyer's Premium.

D. Jacobs, Alau 5060