Developer Liquidation Auction – Prime Development Land

Highlights:

• Heritage Grove Planned Development – 181 Acres on 10 Parcels
• Potential for Master Planned Community featuring residential, commercial, multi-family, mixed-use and retirement/senior housing
• Prime location just ½ mile west of Interstate 5 in Shasta County
• Just 5 miles to Shasta Lake and 9 miles to Redding
• All utility connections to the property or within close proximity, with sewer connection fee payments started
• City has expressed strong support for the project and has received state grant funding to clear fire fuel from the property
• Minimum Bid - $1,000,000 – Just $5,500 an acre!

Description:

Online Auction - Bidding Ends June 19th
Bid Online at www.tranzon.com/TAS2505

Summary of Terms: $9,900 credit card authorization required in order to bid; 10% Buyer’s Premium will be charged to high bidder; 10% total deposit day of sale; close of escrow within 30 days; buyer and seller each to pay their own closing costs; 2% OF HIGH BID paid to properly registered cooperating broker; property sold as-is with no contingencies; please see Property Information Package for complete terms of sale.