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This
offering is a licensed and operating Low Power Television
Station in Hattiesburg, Mississippi operating on channel
30 with a power of 8.8 kwatts, and is available on
a first come-first served basis.
The price of this opportunity is $200,000 payable
as follows: 20% of the purchase price ($40,000) to
be paid as a non-refundable deposit upon the signing
of a purchase agreement and the balance of $160,000
to be paid at closing. The closing will be held after
the Federal Communications Commission approves transfer
of the license to the buyer. The closing will take
place within 10 calendar days following FCC approval.
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Booming
with economic and commercial activity, Hattiesburg
has big city advantages with small town charm. Hattiesburg
is the fourth largest city in the state and is centrally
located less than 90 minutes from New Orleans and
Mobile, the Gulf Coast and Jackson, Mississippi.
Hattiesburg is the educational, retail and medical
center for more than a quarter of a million people
who live throughout the southeast Mississippi region
and is also the home of the University of Southern
Mississippi (USM), William Carey College, and Camp
Shelby. USM is one of only twelve colleges and universities
in the U.S. to be accredited in all four disciplines
of visual arts, music, theatre and dance.
Hattiesburg, MS MSA ranked 68th among 313 metropolitan
areas in the United States for "economic strength"
according to Where the Money is...America's Strongest
Local Economies written by economist William H. Fruth
and published by POLICOM Corporation of Jupiter, Florida,
in 1997. Additionally, a 1999 issue of Expansion Management
Magazine ranked Hattiesburg Mississippi 42nd nationally
for business expansion and relocation.
Hattiesburg's a wonderful retirement area and its
retirement program was featured on the front page
of the May 24, 1997, edition of The New York Times.
The article touts Hattiesburg's high quality of life,
cultural opportunities, and state-of-the art medical
facilities.
Money Magazine in July, 1998, ranked the Hattiesburg
metropolitan area at 17th on the list of most livable
small southern cities (southern cities with a population
of 100,000 to 249,900).
Hattiesburg was rated first in healthcare and among
the country's top ten for desirability and shopping
availability by a nationwide survey of more than 200
small American cities.
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