Absolute Silmulcast Auction of

20 Unit-Motel Building & Extra Lot

Bidding Ends:  Friday, June 20^th

At Approximately 10:30 a.m. CST

Near Lake Cumberland

Directions:  From the Russell Springs Exit (#62), turn left onto Hwy 127 and continue on Hwy 127 approximately two miles and turn right onto East Hwy 80.  Follow East Hwy 80 approximately 3 miles and turn right onto Hwy 910 and continue on Hwy 910 approximately 3 miles and turn right onto Hwy 76.  Proceed 5 ½ miles to the property, located on your right.  Auction signs are posted.

            (Tract #1  - 1.7 acres) Located close to several Boat Ramps, this 20 unit motel is located within minutes of Alligator Boat Dock #2.   The motel features a reception/check in area,  owners unit (furnishings in owners unit do not stay), vending and dry cleaning area, fenced in pool, and paved parking lot.  Each unit is fully furnished with two queen beds, nightstand, tv., dinette set, and full bath.  One of the units is handicap accessible and has a King size bed. 

            There is also a separate building for additional storage.

            (Tract #2 – 2.18 acres)  This tract is a vacant lot that would be ideal for boat storage units and many other commercial endeavors.

AUCTIONEERS NOTE: This income producing property is available for your purchase via simulcast auction.   With the close proximity to the Lake and boat accesses, this property would be a great investment!

TERMS:  20% deposit within 48 hours of sale completion.  The balance will be due within 30 days.

Note:  There will be a 10% buyer’s premium added to the last bid to deterine the final sales price.

NOTE:  This will be a multi-parcel absolute auction, giving each and every prospective purchaser the ability to purchase any or all tracts or combination of tracts.                         

AUCTIONEER/BROKER/SELLER DISCLAIMER:  The information contained herein is believed to be correct to the best of the auctioneer’s knowledge.  The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete.  The property is selling in its “as-is” condition with no warranties express or implied. 

For additional information contact the auctioneers at 606-679-2212.

Announcements made the day of the auction take precedence over printed matter.