It looks like 2012 is the perfect year to buy or sell a small town. Buford, a small town with a lone resident in Wymong, was sold earlier this year $900,000. Now, two businessman in Georgia are hoping to do the same with the town of Toomsboro.
But the Toomsboro sale will have a few more problems, from a residential standpoint, than Buford. Only one man lived in Buford, Wyoming and he was the one who put the town up for sale. Toomsboro has a population of about 700 people.
The Associated Press reports that developer David Bumgardner has already purchased most of the businesses in town and now plans to sell Toomsboro. Bumgardner said that the town would make the perfect location for a music venue or a Hollywood movie set. It’s unclear if purchase of the town includes 700 movie extras.
The Slideshow reports that the town of Toomsboro has a convenience store, a florist, an opera house, a hotel, a custom cabinet shop and a post office. Census data from 2000 put the population at 622. The town consists of 45% white residents and 53% African-American residents.
“Toomsboro is located in the heart of Georgia… Once a booming little railroad town, it has an almost ghost town feel today.”