Online Only
AUCTION
53 Unit Boat Storage Complex
Deerfield Resort, Norris Lake, LaFollette, TN 37766
Begins to End Tuesday, June 9 @ 6PM
Auction Begins Tuesday, May 26
**Complex open for drive through inspection**
Located in the heart of Norris Lake’s 1000 acre premier development,
Deerfield Resort, this fantastic property has ran at 100% occupancy year
after year. There are a total of 53 units, split between 4 buildings, with the
latest building being constructed in 2019. In addition, there is a 448 sq. ft.
office with bathroom that could be converted into an overnight rental or
on-site rental manager’s residence. The office has on-site septic and there
is also a deep well for water supply. The 4.79 acre complex also has plenty
of outdoor trailer parking for local residents of Deerfield. The property is
well lit with a camera system for added security. Unlike many storage
complexes, it has ample amounts of turn-around and parking area making
every unit extremely accessible. Boat storage is one of the more hands
free cash flow investments you can make, and this property’s location
makes it even more attractive. Don’t let this golden investment opportunity
pass you by!
2025 Property Taxes: $2,434 Tax Map: 100E Group: A Parcel: 057.00
Warranty Deed Book: 605 Page: 637
LOCATION: LaFollette, Central Ave. turn on S. Cumberland Ave. at traffic light #10 and
travel 3 3/4 miles, bearing left in a curve onto Cedar Creek Rd. Continue 3 3/4 miles,
then right on Alder Springs Rd. beside of Blue Burrito/Dash n Go. Go 1 mile, bear right
on S. Chapman Rd., then 3/4 mile to Deerfield entrance. Continue straight on Deerfield
Way. 1.4 miles to a right on Deerfield Landing, then 1/3 mile left on Deer Ridge Ln. Take
the immediate first right on White Tail Ln., then .4 mile to property on the right.
TERMS: 10% down within 24 hours of auction completion, balance due upon closing
within 40 days. 10% Buyer’s Premium.
AUCTIONEER: Paul Provins TN LIC#: 4528
10% down within 24 hours of auction completion, balance due upon closing within 40 days. 10% Buyer’s Premium.
Overview
Under Contract: No