LIVE AUCTION - May 6, 2021
Hudson and Marshall is pleased to have been chosen by the out of state heirs of the Colquit Sykes Estate to sell the families 1,648.83 acres. This property has been in their family over 80 years and never available for sale. This land features a significant stand of well managed merchantable and pre merchantable timber, as well as seven ponds and an excellent interior road system. This property was once farmed and portions could be converted back to crop land as well. We encourage you to inspect this property and be with us on auction day to purchase excellent property at auction prices.
Sale Site: The George Neder Center located at the Evans County Parks & Recreation Department, 11093 Highway 280, Claxton,Georgia
1,648.83 Acres located at Evergreen Road & Sykes Farm Road in Candler & Evans Counties, GA
* 960 ± Acres of Pre-Merchantable Pine
* 500 ± Acres of Merchantable Timber
* 7 Ponds
* Excellent Interior Road System
SALE SITE: All Real Estate will sell Thursday, May 6, 2021 at 7:00 P.M. from the George Neder Center located at the Evans County Parks & Recreation Department, 11093 Hwy 280, Claxton, Georgia 30417.
TERMS OF SALE: Successful bidders will pay an earnest money deposit equal to ten percent (10%) of the purchase price with the balance due in 30-40 days at closing.
BUYERS PREMIUM: All real estate sold at this auction will be sold with a 10% buyer’s premium fee. The bid amount plus the buyer’s premium equals the final purchase price. For example: A $10,000.00 bid plus the $1,000.00 buyer’s premium fee equals the final purchase price of $11,000.00.
CLOSING COST: The seller shall pay its pro-rata share of the estimated 2021 real estate taxes as a credit to Purchaser at Closing. Purchaser shall be responsible for the 2021 taxes when due. Seller shall also pay the cost of preparation of the deed which shall be prepared by Seller’s attorney. Purchaser shall pay for any title exam fee, title insurance premium or attorney’s title opinion, loan closing costs, appraisal fees, recording charges and any and all other costs associated with closing this transaction. Bill Callaway in Claxton will be handling the closing.
SURVEY: If the property sells as a whole it may be transferred by the existing deed/survey or the buyer may elect to have a survey completed at their expense. If the property sells divided, a new survey will be required and all common lines will be shared. The survey will be an expense of the buyer and due at closing. One surveyor will be appointed by Hudson & Marshall to handle all survey work.
COUNTY LINE: Per the recorded survey there are 473.83 acres in Candler County and 1,175 acres in Evans County. Visit HudsonMarshall.com to see a map with the approximate location of the County Line.
INSPECTION: There will be an Open House Sunday, April 25th, Sunday, May 2nd, Tuesday, May 4th and Wednesday, May 5th from 1:00 - 5:00 P.M. or by appointment. H&M will be at the hunting camp on Lot 9 during inspection hours. The property is also available at any time for your inspection. Tract signs and stakes mark the property.
BUYERS NOTE: Information contained herein was taken from sources deemed reliable and is believed to be correct. Although every precaution has been taken to insure the accuracy of the information herein, Hudson & Marshall, Inc., Seller, Sale Managers and all of their agents will not be responsible for any errors or omissions. It is the Purchasers responsibility to conduct their own due diligence and make their own decisions as to the accuracy of all information. All property sells in its "As-Is/Where-Is" condition with no warranties expressed or implied other than marketable title free and clear of liens and encumbrances. Auctioneers are acting as agents for the Seller not the Buyer. Announcements made at the auction take precedence over all written matter. Buyers should carefully verify all items and bid accordingly. All property sells subject to Seller Confirmation. Auctioneers reserve the right to offer the property in individual tracts, combinations, or as a whole whichever way is most advantageous to the seller.
LICENSE INFORMATION: BG Hudson Jr. GA #103, AM Marshall IV #1605, RS Slocumb #3512, H&M #274
