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The Compass Auctions & Real Estate exclusive SIPP© Program was used to assist the City of Chattanooga in the process of offering the Incline/Tram for sale @ auction.

The tram is functional but has been closed due to certification requirements and needs to be replaced with another option that will better suit the needs for the City of Chattanooga and their exceptional waterfront and tourism efforts.

Since installation the tram has required continued operational efforts and certification requirements that exceed its current usage. So with that considered and the City of Chattanooga’s conscious efforts to return renewable funds to the City budget the item was listed for sale with Compass Auctions and listed for auction.

While a minimum amount offer has been placed on the auction sales the tram is currently under review for the bid offer of $9,000.00. With the purchase of the tram the buyer will be required to submit a safe removal plan as well as rigging fees and transportation costs to their site. The bid is currently pending approval and the results are expected within a approx. a week. If the offer is not accepted the item will be relisted for sale and will be offered once again for purchase. If you would like further information about this item or other upcoming auctions please contact info@soldoncompass.com we provide a positive and professional  sale environment for our clients and buyers. Going above expectations Team Compass “Makes It Happen”!

Compass hosts monthly online webcast auctions which runs in conjunction with our exclusive SIPP© Sell In Place Program that offers clients the ability to list their items for sale @ auction or private treaty without the hassle and expense of moving them to a sale yard, paying rigging and transportation costs which for some items is cost prohibitive and creates additional strain on staff and surplus asset managers.

Compass handles the projects start to finish. Communications, images, marketing, sale transactions of the items, comprehensive reporting, and transportation coordination. If you would like more information about SIPP© or listing items or real estate contact a Compass Auctions Team Member near you.

Chattanooga Corporate: 423-702-6180





The entire Southeast and Nationwide – Using Compass points you in the right direction!

SoldonCompass.com (website)

info@soldoncompass.com (email)

423-702-6180 (phone)