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Auction nets $1.5M for Ross property in Loudon County
Source: thedailytimes.com, by Robert Norris
The 103-acre Tennessee River Preserve property in Loudon County that Maryville developer Mike Ross had planned to develop as a resort brought almost $1.5 million at auction Saturday. October 19, 2010 Alley Auction Inc., of Knoxville, conducted the bidding for the property located off Poplar Springs Road on the Tennessee River about one mile below Fort Loudoun Dam and 4.4 miles distance by road. The auction was held to raise money owed a creditor, GreenBank.
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