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MYRTLE ARROWOOD ESTATE
UTILITY WATER TO MOST TRACTS, LEVEL TO GENTLY ROLLING
2175 FT. FRONTAGE ON HWY 321 • COMMERCIAL/RESIDENTIAL
NICE HOME • PANORAMIC MOUNTAIN VIEWS
LOCATION - LOCATION - LOCATION
The home tract and Highway 321 frontage tracts are approximately 1/2 mile from Newport City Limits and less than 2 miles from Wal-Mart, Ryan's and Cracker
Barrel. A new Lowe's plans to be built just over 1 mile from this property. This is prime property in a prime location. Very seldom does property come available in this very popular area.
The nice ranch style home is only a few years old and in very good condition, and sets on 1.35 level acres with panoramic mountain views. Nice flowers and shrubs
surround the home. Features: 1432 square feet finished on main level, 3 bedrooms, 2-1/2 baths (one with jetted tub), large living room, large kitchen with oak raised
paneled cabinets, large utility room, spacious 2-car garage, 10x20' covered back porch, 8x20' covered front porch, a full unfinished basement and nice long concrete driveway.
7 Tracts front U.S. Hwy 321, and 4 of these have 2 acres or more. Restrictions will allow commercial or residential use. As Newport continues to grow in this direction highway frontage will become more and more
valuable. This is a great investment opportunity.
No doubt the lowest price this prime property will ever sell for will be at this Absolute Estate Auction June 18th.
Lot #5 fronts Old Cosby Hwy and is improved with an older mobile home. 3 Tracts are located in Dogwood Acres, just a short distance from the home place. These
are nice, large level tracts from 2.2 to 3.4 acres and also have great mountain views. The Arrowood Family and McCarter Auction welcome you to this exciting and very
special Estate Auction. We look forward to seeing you there.
Selling High Bidder Choice: No Re-grouping.
DIRECTIONS: From I-40 Exit 435 in Newport, TN, take US Hwy 321 South toward Gatlinburg. Go 2 miles to Auction Site on both sides of highway. Turn
right and follow signs to Dogwood Acres tracts past home place.
TERMS: 10% Deposit day of sale, balance at closing within 30 days. All successful bidders will be
required to sign a note for the deposit amount with the contract, in addition to deposit paid day of sale.
Note shall become null and void when buyer shall complete all requirements for closing as set out in their contract.
SEVERAL LOCAL BANKS OFFERING GOOD
FINANCING. BANK REPRESENTATIVES WILL BE AVAILABLE DAY OF SALE OR CALL OUR OFFICE FOR DETAILS PRIOR TO SALE.
REGISTER EARLY FOR CASH PRIZES! GOOD LUNCH AVAILABLE
NO MINIMUMS, NO RESERVES
10% BUYERS PREMIUM WILL BE ADDED TO EACH SUCCESSFUL BID
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