1064 Humbard Road SE, Cleveland, TN 37323 - Bradley County

Live and Online at Ranchandfarmauctions.com

Auction Date: 11/10/2023 Auction Time: 11:00 AM EDT

Auction Location: At The Farm, 1064 Humbard Rd SE, Cleveland, TN 37323

Open House: 11/05/2023 from 2 - 4 PM

Entire Farm Description:

This beautiful farm contains 50 acres total and is being offered in 2 tracts. Tract 1 is a 4 house broiler farm located in Southeast Tennessee, just north of the Georgia line and just south of Cleveland, Tennessee. There are four 55500 houses that were built in 2015. It is equipped with 1 Taylor Power generator, Rotem Platinum Plus controllers in all houses and all houses have Roxell feeders. There are multiple sheds on the property for storage, a beautiful 4 bedroom 3 bath home and city water. This property has so much to offer! This poultry farm was producing $250,000-$300,000 in gross income annually. This is a great producing farm ready for a new owner.

Deeded Acres: 50.2 +/- acres both tracts

Taxes: $3307 both tracts

Lease Status: No current leases

Possession: 10 days after closing

Survey needed?: Survey on file

Brief Legal: 1064 Humbard Rd SE, Cleveland, TN 37323

PIDs: 099-043.01-000

Lat/Lon: 35.006 -84.8691

Zip Code: 37323

Tract 1 Description: Chicken Houses

SELLING ABSOLUTE! This beautiful 18.84 +/- acre farm is a 4-house broiler farm located in Southeast Tennessee, just North of the Georgia line and just south of Cleveland Tennessee. There are four 55500 houses that were built in 2015. It is equipped with 1 Taylor Power generator, Rotem Platinum Plus controllers in all houses and all houses have Roxell feeders. This poultry farm was producing $250,000-$300,000 in gross income annually. This is a great producing farm ready for a new owner.

Tract 2 Description: Home On Acreage

Beautiful 4 bedroom 3 bathroom house with a basement and 2 car garage on 31.36 acres. The property is flat and has multiple sheds for storage for tractors and equipment. The home has recently been remodeled and updated with a remodel costing $70,000!!!! There is a year-round creek on the property perfect for swimming or fishing.

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- 50.2 acres offered in 2 tracts

- Tract 1 is selling absolute

- Tract 1 is 18.84 acres with 4 newer Chicken Houses

- Taylor Power generator, Rotem Platinum Plus controllers

- Roxell feeders

- Tract 2 is a remodeled home on 31.36 acres

- 4 Bedroom/3 bath home

- Multiple outbuildings

- 2 car garage

- Recently remodeled home

- Buyers Premium 10%