Friday, August 15th & Saturday, August 16, 2008

Residential Property & Commercial Office Building

• 1-4 family residence:  15% cash down payment; 20 yr amortization / 10 year maturity; 5.5% fixed interest rate

• Improved lots: 20% cash down payment; 10 yr amortization / 7 year maturity; 6.0% fixed interest rate

• Unimproved land: 25% cash down payment; 10 yr amortization / 5 year maturity; 6.0% fixed interest rate

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Sale #1 - August 15th, 2008 Noon

Oak Ridge Highway - Commercial Office Building
Willow Trace Office Building, 7325 Oak Ridge Highway

• Lease 1: $11.25 per square foot for 3,300 square feet. Lease runs through 12/31/1
• Lease 2: $12.00 per square foot for 1,500 square feet. Lease runs through 3/30/11
• Lease 3: $11.50 per square foot for 4,019 square feet. Lease runs through 10/31/10.
• 11,620 square feet
• Net rentable space approx. 9,680 square feet
• 2.14 acre lot
• 372 feet frontage on Oak Ridge Hwy.
• All utilities available

Sale #2 - August 15th - 1:00 PM

Karns - Condominium in Springhouse Condominiums
6814 Springhouse Way

Sale #3 - August 16th, 2008 11:00 AM

Powell - Houses and Lots in Oakhurst Subdivision

Oakhurst Houses:

Lot 18, 7119 Jackson Morgan Lane	Lot 19, 7115 Jackson Morgan Lane	Lot 34, 7011 Maysville Lane	Lot 35, 7015 Maysville Lane
Lot 36, 7019 Maysville Lane	Lot  37, 7025 Maysville Lane	Lot 38, 7030 Maysville Lane

• 2,480 square feet
• 4 bedrooms, 3 baths
• 2 car garage
• Quarter acre lot
• Powell schools

7115 Jackson Morgan Lane

• 2,400 square feet
• 3 bedrooms, 2.5 baths
• 2 car garage
• .49 acre lot
• Powell schools

7011 Maysville Lane

• 1,843 square feet
• 3 bedrooms, 2.5 baths
• Partially complete
• $17,030.75 estimate to complete
• 2 car garage
• Quarter acre lot
• Powell schools

7015 Maysville Lane

• 2,735 square feet
• 3 bedrooms, 2.5 baths
• Partially complete
• $31,714.62 estimate to complete
• 2 car garage
• Quarter acre lot

·         7019 Maysville Lane

• 2,683 square feet
• 3 bedrooms, 2.5 baths
• Partially complete
• $44,094.06 estimate to complete
• 2 car garage
• Quarter acre lot

7025 Maysville Lane

• 2,376 square feet
• 3 bedrooms, 2.5 baths
• Partially complete
• $62,712.87 estimate to complete
• 2 car garage
• Quarter acre lot

7030 Maysville Lane

• 2,426 square feet
• 3 bedrooms, 2.5 baths
• Partially complete
• $9,358.00 estimate to complete
• 2 car garage
• Quarter acre lot

Oakhurst Lots:
Lot 39 - 0.35 acres
Lot 41 - 0.54 acres
Lot 42 - 4.24 acres
Lot 43 - 18.58 acres
Lot 44 - 0.54 acres
Lot 45 - 0.26 acres

Sale #4 - August 16th, 2008 1:30 PM

South Knoxville - Condominiums and lots in Graybrook

Condos:

Lot 13, 1448 Graybrook Lane	Lot 15, 1456 Graybrook Lane	Lot 16, 1460 Graybrook Lane	Lot 18, 1468 Graybrook Lane
Lot 39, 1407 Graybrook Lane	Lot 40, 1411 Graybrook Lane	Lot 43, 1435 Graybrook Lane	Lot 54, 1539 Graybrook Lane

Graybrook Lots:
Lot 36
Lot 37
Lot 56
Lot 57
Lot 58

Sale #5 - August 16th, 2008 3:30 PM

Farragut - House in Hunter's Creek Subdivision
Lot 15 Hunters Creek, 12603 Hunters Creek

Terms: 10% Buyer's Premium - Successful bidders will deposit 10% of the purchase price (including Buyer's Premium) and is due today in the form of cash, cashier's check, personal or company check plus a real estate sales contract must be signed. Balance is due in certified funds at closing. CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS AVAILABLE.

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