ACTIVE PROJECTS

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CHICKEN FARM - BANK FORECLOSED

SEALED BID LIQUIDATION

Atlantic Capital Bank (ACB) has foreclosed on a 32-acre poultry farm in Jasper, GA (Pickens County). This was a (6) house breeder/layer operation with a full complement of egg gathering equipment in each house. ACB has taken possession of all collateral including real estate & remaining equipment.

ACB is liquidating these assets by sealed bid liquidation. Bidders may inspect the real estate and equipment during the specific open house dates and submit their bid by the set-bidding deadline. Bidders are bidding on the entire operation including the real estate and all remaining equipment to reopen facility as a similar or different type poultry operation. The official bidding form will be available at time of inspection or below.

REAL ESTATE DESCRIPTION

Address: 5757 Hwy 53 West, Jasper, GA 30143
32 Acres	(2) Emergency Diesel Generators
2017 3 Br/1 ½ Ba 3598 Sq. Ft Farmhouse	(2) Water Wells & County Water
(6) Poultry Houses Approx. 430’ x 45’ (1994, 1996, 2013) with egg gathering equip, egg storage, silos, Heavy Power	Driveway Easement

ENVIRONMENTAL STUDIES –A June 2021 Environmental is available for viewing below.

EQUIPMENT – The remaining equipment is being offered in bulk along with the real estate. A complete list of equipment is available below

There is a walk-around video of this operation showing the real estate and equipment available below.

THE BIDDING PROCESS: There will be a two-week inspection period with (2) open house day (10:00AM-2:00PM) during this period. Interested parties can come by and spend as much time inspecting the real estate and equipment as needed. At the end of the inspection period there will be a set bidding deadline. The official bidding form, available either on-site or below, must be used to bid. There is only one way to bid: Submit a single bid for the entire tract of real estate along with all improvements and all remaining equipment. Nothing will be sold separately.

INSPECTION ADDRESS	5757 Hwy 53 West, Jasper, GA 30143
INSPECTION PERIOD & OPEN HOUSE DATES	November 1 – November 15. Open House Dates – Tuesday November 2 & Tuesday November 9, 2021, 10AM-2PM
BIDDING DEADLINE	Noon Tuesday November 16, 2021, EST
BIDDER NOTIFICATION	The high bidder will be notified by 5:00pm Wednesday November 17, 2021 All others by email only.
REAL ESTATE CONTRACT EXECUTION	If the high bid on the real estate is accepted, a non-contingency standard commercial sales contract must be executed by 4:00PM EST Friday November 19, 2021 and a 10% earnest money deposit submitted.
REAL ESTATE CLOSING	Closing to be completed within 30 days after R/E contract execution

Atlantic Capital Bank intends to sell all items to the highest bidder but reserves the option of accepting or rejecting any or all bids. All items are sold as is / where is without guarantee.

Please contact Rick Dobbins at (w) 404-352-2638 Ext 107, (C) 404-451-1595
Or rick @dobbinscompany.com with any questions regarding this liquidation.

Bid Package	Equipment List
Inspection Video	Photos
Real Estate Appraisal	Environmental Report
Sample Real Estate Contract	Bid Form (Legal)

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