Name | Windsock Retreat Auction www.windsockretreatauction.com |
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Auctioneer | Office Interiors Group, Inc. |
Type | Internet Absentee Bidding |
Date(s) | 7/16/2016 |
11:00 | |
Preview Date/Time | July 16th 9a.m. - 11:00a.m. |
Checkout Date/Time | 12:00p.m. |
Location | 4206 FM1651
Canton, TX 75103 |
Buyer Premium | 10% Buyers Premium |
Description |
Located just outside of Canton, Texas, is the Windsock Retreat – a pleasant bed and breakfast with a lovely pastoral setting. Featuring a 5,060± square-foot main house and 1,670± square-foot cottage, this inn is perfectly set up to host one large group, or two separate groups. With an easy drive from Dallas/Fort Worth, Louisiana, Arkansas and Oklahoma – and a Canton “First Monday” draw – this property is convenient from every direction. The time is now – don’t miss your chance to make this your next business venture or countryside escape!
The Windsock Retreat is being offered turnkey for operation as a bed and breakfast, retreat center or accommodation facility with all guestrooms, dining room and meeting room furnished in both facilities. Most televisions, washers, dryers, refrigerators, freezer and zero-turn lawnmower are included.
PROPERTY FEATURES
17.62± acres
5,060± sq ft main house
5 guestrooms + 1 large owner’s suite & 5 baths
Spacious dining area
Fully equipped kitchen for large group prep
Massage studio and exercise room
Combination conference & game room
1,670± sq ft cottage, 4 BR & 2 BA
Accommodates up to 23 guests
Facilities are prewired for satellite TV & Internet
Convenient location 4 miles south of Canton
Relatively level land
Deep water artesian well, providing high-quality water to the property
Native grass meadow with hardwood shaded areas
Canton First Mondays attraction
Van Zandt County
Excellent business opportunity
Fully self-supporting bed & breakfast for 7+ consecutive years
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Bid Amount | Bid Increment |
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0.00 - 95.00 | 5.00 USD |
95.01 - 975.00 | 25.00 USD |
975.01 - 9,750.00 | 250.00 USD |
9,750.01 - 97,500.00 | 2,500.00 USD |
97,500.01 - 9,999,999.99 | 10,000.00 USD |
Currency | USD |
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Buyer Premium | 10% Buyers Premium |
Payment Terms |
TERMS & CONDITIONS
10% Buyer’s Premium added to the winning bid price to determine total contract price.
No minimum bid, final bid subject to seller’s confirmation
Registration begins 9am July 16, 2016 – $10,000 cashier’s check made payable to the bidder required to bid.
Cooperating broker participation is offered. Contact the auction company to register your client and receive the terms.
Closing & payment: High bidder (purchaser) must remit 10% non-refundable payment of the total contract price on July 16 to the title company. Balance to be paid at closing within 30 days. Purchaser must sign a non-contingency contract to close within 30 days of the auction date.
Disclaimer: Acreage and square footage dimensions are based on information provided by seller and are believed to be correct; however, purchaser &/or purchaser’s agent/broker shall bear responsibility to confirm all calculations prior to the sale. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. All information provided or contained in a brochure was derived from sources believed to be correct but are not guaranteed.
Franchise office independently owned and operated.
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