Description
**13 & 15 Davis Lane, Lebanon, Tennessee**Located just outside of Lebanon in Smith County, this unique property includes two dwellings situated on a single tract of land. Both structures are manufactured homes and are in extreme disrepair, presenting a prime investment opportunity for buyers seeking rental property renovation projects or potential new building sites. The property is equipped with **two separate electric meters** and **one shared water meter**, offering flexibility for future development or separate tenancy. Whether you're an investor looking to capitalize on rental income potential or a builder seeking new construction opportunities, this parcel provides a versatile foundation in a growing area. This property will be sold via **online-only auction closing Thursday, June 26th at 6:00 PM CST**, in conjunction with other Smith County properties. A 10% buyer's premium will be added to the final bid to determine the total purchase price. The winning bidder will sign a sales contract and pay a non-refundable $10,000 deposit (credited towards the purchase price) per proprty at the conclusion of the auction. Closing must occur within 30 days. Property is being sold "As-Is, Where-Is" with no warranties expressed or implied. All inspections and due diligence must be conducted prior to bidding. The seller will provide a warranty deed. Announcements made day of sale take precedence over all prior advertising.
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3BEDS
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1.01ACRES
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2BATHS
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01/2 BATHS
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1,632SQFT
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$0$/SQFT
School Information
Description
**13 & 15 Davis Lane, Lebanon, Tennessee**Located just outside of Lebanon in Smith County, this unique property includes two dwellings situated on a single tract of land. Both structures are manufactured homes and are in extreme disrepair, presenting a prime investment opportunity for buyers seeking rental property renovation projects or potential new building sites. The property is equipped with **two separate electric meters** and **one shared water meter**, offering flexibility for future development or separate tenancy. Whether you're an investor looking to capitalize on rental income potential or a builder seeking new construction opportunities, this parcel provides a versatile foundation in a growing area. This property will be sold via **online-only auction closing Thursday, June 26th at 6:00 PM CST**, in conjunction with other Smith County properties. A 10% buyer's premium will be added to the final bid to determine the total purchase price. The winning bidder will sign a sales contract and pay a non-refundable $10,000 deposit (credited towards the purchase price) per proprty at the conclusion of the auction. Closing must occur within 30 days. Property is being sold "As-Is, Where-Is" with no warranties expressed or implied. All inspections and due diligence must be conducted prior to bidding. The seller will provide a warranty deed. Announcements made day of sale take precedence over all prior advertising.
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