552 VZ 2142, Wills Point, TX 75169 - Van Zandt County

AUCTION....LIVE AUCTION....FRIDAY, JULY 24, 2015 AT 11:00AM....LIVE AUCTION....AUCTION

THIS IS TRACT 2 OF THE 5 TRACTS OFFERED FOR SALE AT AUCTION

SELLING ROCK HILL RESORT, A SUCCESSFUL BED AND BREAKFAST BUSINESS / EVENT CENTER AND THE REAL ESTATE. VIABLE BUSINESS OPPORTUNITY !!!!!!

This IS THE BUSINESS LIQUIDATION of a successful Bed and Breakfast with an Event Center. The 125 acre property will be offered for sale at auction divided into 5 separate tracts. You can buy any individual tract, any combination of tracts or purchase the entire 125 acres in a live auction. This property serves a host to weddings, receptions, reunions, corporate retreats and visitors to the famous Canton First Monday Trade Days.

DIVIDED IN 5 SEPARATE TRACTS, BUY ANY TRACT, ANY COMBINATION OF TRACTS OR BUY THE ENTIRE 125 ACRE PROPERTY

REAL PROPERTY: 125 total acres. The Main House has over 8000 of living space with 8 bedrooms, 7 full baths and 1 half bath. The Event Center has an additional 7 bedrooms. There is also a 3 bedroom, 2 bath home with barn and pond and a double wide mobile home with a 40' x 80' workshop and 3 stall horse barn farm.

Tract 1: Main House and Event Center on 35 acres

Tract 2: 55 raw acres of rolling coastal pasture, awesome home site for ranchette

Tract 3: 25 acres of rolling coastal pasture, perfect home site

Tract 4: 3 Bedroom/2 Bath Home with barn and pond on 5+ acres

Tract 5: 3 Bedroom/2 Bath Double Wide Mobile Home with 40' x 80' Workshop and 3 Stall Horsse Barn on 4+ acres

FEATURES: Located just south of Interstate 20 and minutes from Canton, Texas famous for the First Monday Sale. Any minerals not previously retained will convey with the property.

LIVE AUCTION: The property will be offered for sale in a live, audible auction, conducted by a licensed Auctioneer on Friday, July 24, 2015 at 11:00am CDT. The auction will be conducted on-site, at 552 VZ CR 2142, Wills Point, Texas. On-site registration will begin at 9:00am on the day of the auction. The property will sell "AS IS". It is the sole responsibility of a potential buyer to inspect and research the property prior to the auction.

TERMS: A 10% Buyer's Premium will be added to the high bid attained at auction to constitute the total contract price. The 10% Buyer's Premium will be paid the day of the auction when the contract is executed. The balance will be due at Closing, on or before Friday, August 28, 2015 at 5:00pm CDT. Buyer is responsible to attain his or her own financing prior to closing.

ONLINE BIDDING: If you are unable to attend the live auction held at 552 VZ CR 2142...you can participate in real-time online bidding that will be available through the PROXIBID beginning at 10:30am CDT on the day of the auction. Pre-registration with the PROXIBID is required. Call for details.

REAL ESTATE AGENT INCENTIVE: Real Estate Agents are eligible to receive a 2% commission. Bring your Buyer and co-register the day of the auction. The Real Estate Agent of the successful Buyer will receive a 2% commission of the auction strike price that will be paid on the day of Closing.

PRIVATE SHOWINGS ARE AVAILABLE PRIOR TO THE AUCTION. CALL TO SCHEDULE AN APPOINTMENT.

CALL FOR ADDITIONAL INFORMATION AND DETAILS. CONTACT TONY LANGDON 214/876-5950