Tuesday, February 7, 2023 at 2:00 pm — Auction Site: Fairfield Plantation Country Club, 7500 Monticello Dr, Villa Rica, GA
Total sale price: 5,525,850
COURT ORDERED AUCTION
FAIRFIELD PLANTATION, VILLA RICA, CARROLL COUNTY, GA
ALL Property is Selling by Order of the Superior Court of Carroll County, GA, Hon. Jack Kirby, Judge; Civil Action File NO. SUCV2022000522 – ALL property Sells Subject to Court Approval
(32) 2 B/R 2 Ba Lakefront Townhomes located in Lake Tara III in Fairfield Plantation – Units located at 264-295 Clearview Court, Villa Rica, GA
Excellent Recreational, Investment, or Permanent Home Opportunity
We reserve the right to offer these units Individually, in Groups, or as a Whole
AUCTION to be Conducted at the Fairfield Plantation Country Club,
7500 Monticello Dr, Villa Rica, GA
Fairfield Plantation is a 2500+/- ac Gated, Residential/Resort/Recreational Development located in Carroll County, GA situated just off I-20 between Atlanta and Birmingham. The amenities offered by this development are endless including:
- 270 ac, Spring Fed Lake Tara is ideal for Boating, Skiing, and Swimming
- Dockside Marina, Restaurant, and Bar
- Lake Ashley, a smaller non-motorized Fishing Lake
- (3) outdoor Pools and Beach
- Numerous Tennis and Pickle Ball Courts
- 18-hole Championship Golf Course with Country Club & Restaurant.
- Community Center, Biking & Hiking Trails, and Playground
Lake Tara III is comprised of (8) Buildings with (4) units in each Building. We will offer these individually, in Combinations, by the Building and as a Whole – whichever way it brings the most money for the Lake Tara III Homeowners Association.
Each 3-story unit (approx. 1185 Sq Ft) features a spacious kitchen with all appliances, dining area and den with rock fireplace & lakefront deck, master bedroom with master bath boasting a jetted tub addition a bedroom and full bath with tub/shower combo. Central heat & air, ample storage, vinyl siding, and standing seam metal roof improve each unit. ALL 32 units afford a beautiful view of Treasure Lake!!
This property is IDEAL for the Seasoned Investor as 20 of the 32 units are currently rented through the Association, on a month-to-month basis as follows:
- (9) Units @ $1300/Mo
- (9) Units @ $1400/Mo
- (2) Units @ $1500/Mo
These units are rented on a Month to Month basis, and we are selling them subject to the Rights of the Tenants at Will. [Click Here for Rent Roll]
[Click Here for More Pertinent Info Concerning the Auction]
[Click Here for Previous Lake Tara III Covenants and Restrictions]
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