VSM & Tellico Rentals Portfolio 7 Properties Offered at $10,356,000 in Tellico Plains, TN

This is a Portfolio of cabins for sale in beautiful Tellico Plains, TN. All within about one mile of each other and servicing the famous Cherohala Skyway tourism. There are nine parcels and 45 rentals, one lot and an office. If a buyer chooses to purchase one or more cabins that need to be surveyed out of a parcel. These are income producing properties and active STR's! All cabins are beautifully decorated log cabin themed and come fully furnished. Individual cabin pricing is available. Please visit www.TellicoLogCabins.com to see more f each cabin, the rental rates and spec details. (All properties shown may or may not be available as individual cabins can be sold and will be pulled out of the portfolio upon closing.)
A.) The parties herein acknowledge they have been informed of bankruptcy proceedings in the United States Bankruptcy Court, and this Agreement is contingent upon final judgment and decree authorizing the sale of Property. In the event that a final judgment sale authorization is not granted within 60 days of a bound agreement, the Buyer may terminate this Agreement with written notice to Seller with Earnest Money/Trust Money returned in full to Buyer, in which event all parties agree to execute all applicable documentation.
B.) Sale is subject to the First Right of Refusal of Mary Jane Saunders within 10 days of a bound contract.
C.) Earnest money and inspection timelines do not begin until Seller notifies the Buyer of Mary J. Saunders’ decision to FROR.
D.) Buyer understands that the property is sold as-is and will remain an active Short-Term Rental until the close of escrow.
E.) **IF Buyer is making an offer on a property that needs to be surveyed out of a larger piece of land: Buyer shall obtain a survey to subdivide the Property out of the larger parcel. Buyer and Seller must mutually agree upon the proposed boundary lines. Buyer shall be responsible for all costs associated with the survey. In the event the survey process causes a delay in closing, Seller agrees to extend the Closing Date by up to thirty (30) days to accommodate the Surveyor’s timeline