Capitan's Castle Bed and Breakfast in the Historical town of Jefferson, TX. Own a piece of history that is in the National Register of Historical Places and an operating business with this corner lot Colonial Home. This grand home features around 4046±SF, 5BR, 5BA, large living, chef's kitchen, office, PLUS 5 back Cottages with own bed and bath and a banquet dining room for the perfect Airbnb set up! The Colonial home has pine floors and cypress floors throughout, tall ceilings, updated kitchen with granite, and a large laundry area. The back cottages have been updated with flooring and fresh paint, each is heated and cooled, and each have their own entrances easy for guests to come and go. The enclosed Banquet/Dining room is perfect for renting out for parties or set up for a bed and breakfast serving area.
Opening Bid: $100,000
Year Built: 1880
Being Sold "AS-IS WHERE-IS" .
A buyer's premium is a percentage of the high bid that will be added to the high bid and become part of the purchase amount at settlement.
Closing is on or before September 21st, 2022
There will be a 10% buyer's premium ($2,500 minimum) added to the winning bid to calculate the contract price.
An Earnest Money Deposit of 10% ($2,500 minimum) of the contract price is due immediately after the Auction by personal or company check for onsite bidders and by wire transfer for online bidders. The Real Estate Taxes will be prorated through the date of closing. The property is being sold "AS IS" and is NOT subject to financing, inspection or appraisal. Personal Property is not included in the auction.
Contract Packages will be sent by e-mail to the successful high bidder at the end of the auction. Successful high bidder must execute, and fax, email or hand deliver the package back to Assiter Auctioneers within 24 hours of receipt. Successful high bidders not executing and returning their contract with earnest money deposit within 24 hours of receipt will be considered in default and subject to an Administrative Fee.