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Saturday, October 19th, 2024 @ 10:00am CST
Absolute Real Estate Auction
Auction Date & Time: October 19th, 2024 @ 10:00am CST
Location: 7092 Nolin Dam Rd, Mammoth Cave, KY 42259
Investment Opportunity
To be auctioned on-site in person and via simulcast: This property offers a unque investment opportunity in the Mammoth Cave, KY area. Featuring a 2-bedroom, 1.5-bath home situated on approximately 2.5 +/- acres. This fixer-upper presents significant potential for development. The property is located just 5 miles from Nolin Dam and 3.5 miles from Briar Creek Boat Ramp and Recreational Park, providing convenient access to outdoor activities and natural attractions.
The property includes a large barn and a spacious workshop. The barn is in fair condition, providing utility for storage, agricultural use, or potential conversion depending on your needs. The workshop, in good condition, offers ample space for a variety of purposes, making it a valuable asset for business operations or personal projects.
The home requires renovation but offers a functional layout, making it suitable for those looking to customize a space to their specific requirements. The surrounding acreage provides ample room for expansion or additional developments.
This property will be auctioned live, with simulcast bidding available for remote participation. Its versatile zoning, coupled with its prime location near local landmarks, presents a valuable oppurtunity for both investors and developers. For more information contact the listing auctioneer: Aaron Haycraft 270-589-1236, Dwight Butler broker/auctioneer 270-668-2432, Todd Akridge associate broker/auctioneer 270-668-3047.
Terms and Conditions: Real Estate will require a nonrefundable deposit of 10% day of auction, balance due within or upon 30 days of date of auction. Payment to be in the form of cash, cashier's check, or verified funds. Real estate taxes to be prorated. Purchaser will be required to sign an inspection waiver prior to signing a sales purchase agreement at the sale on October 19, 2024. This auction is not contingent on financing. There will be a 10% buyer's premium added to the winning bid. The sum of the winning bid plus the buyer's premium will be the sales price.
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