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SOLD-Resolute Fee Package

Address
Hamilton, Bledsoe, McMinn, Bradley, Meigs, Monroe, Morgan, Scott, and Rhea Counties, Tennessee
Price: 
Unknown
Acres
± 6,285.00 Acres
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SOLD-Resolute Fee Package

AFMRE is pleased to present the Resolute Fee Package, totaling ±6,285 gross acres configured in twenty-four individual tracts dispersed across nine counties. The package is located in the Great Valley and Cumberland Plateau regions of East Tennessee, with a footprint between Knoxville and Chattanooga, considered two of the fastest-growing cities in the southeast. This area has high real estate demand due to low taxes, low cost of living, and high quality of life thanks to proximity to outdoor recreation. The asset is a short distance from the Great Smoky Mountains National Park, multiple area lakes and rivers, and amenities and services offered in nearby cities. The location, coupled with the timber attributes, make the Resolute Fee Package a unique opportunity for investment.


Resolute Fee Package is being offered for sale via a single-stage, closed bid process. The package may not be further divided, and offers will not be considered on individual parcels.


Bids due April 23, 2024 -12:00 p.m. EDT


DATA ROOM


AFMRE manages an electronic data room containing information for interested parties to use as they evaluate the property. All prospective buyers who execute a Non-Disclosure Agreement (NDA) will be granted access to the data room. Data Room is now open. Return signed NDAs to [email protected].

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Frequently Asked Questions

  • The Resolute Fee Package is a large-scale land investment offering totaling approximately 6,285 gross acres configured in twenty-four individual tracts spread across nine Tennessee counties: Hamilton, Bledsoe, McMinn, Bradley, Meigs, Monroe, Morgan, Scott, and Rhea. The property sits in the Great Valley and Cumberland Plateau regions of East Tennessee, positioned between Knoxville and Chattanooga, two of the fastest-growing cities in the Southeast.

  • The area benefits from low taxes, a low cost of living, and a high quality of life driven by proximity to outdoor recreation, including the Great Smoky Mountains National Park and multiple lakes and rivers. The location between Knoxville and Chattanooga creates strong real estate demand, and the timber attributes of the tracts add further investment appeal. AFMRE describes it as a unique opportunity given the combination of location and timber characteristics.

  • No. The package may not be further divided, and offers will not be considered on individual parcels. Interested buyers must bid on the package as a whole.

  • The Resolute Fee Package is being offered through a single-stage, closed bid process. Bids were due by April 23, 2024 at 12:00 p.m. EDT. Because this listing is marked as sold, the bidding period has already closed.

  • AFMRE manages an electronic data room containing information for prospective buyers to use when evaluating the property. Any interested party who executes a Non-Disclosure Agreement (NDA) will be granted access to the data room. Signed NDAs can be returned to [email protected].

  • Two contacts are associated with this listing. Jake Almond serves as Principal Broker in Kentucky and Real Estate Broker in Tennessee, and can be reached by cell at (865) 806-6533 or by office phone at (865) 248-8315. Chris Miller is the Managing Director of Real Estate Services and can be reached by cell at (704) 577-7082 or by office phone at (704) 527-6780, extension 322.