Auction Information
Auctioneer Ford Brothers Inc 606-256-4545
Auction Date Aug 30 Auction
Location
Crisp Court
Williamsburg, Ky
Time 01:30PM
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Auction Listing
AuctionZip Auctioneer ID# 44034
ABSOLUTE LIVE/ONLINE AUCTION

4 APARTMENT BUILDINGS - 20 UNITS

FRIDAY, AUGUST 30TH AT 1:30 P.M.

CRISP COURT, WILLIAMSBURG, KY



DIRECTIONS: 

From exit 15 of I-75, turn south on US 25W.  Go 2.5 miles, turn onto St. Hwy 856. Go 1.5 miles, turn on Crisp Court.   Follow 1/10 mile to property.

From exit 11 of I-75, take Hwy 92 for 2/10 mile.  Turn left on Hwy 25W.  Go approximately 1 mile, turn right on Hwy 856. Go 8/10 mile, turn on Crisp Court.   Auction signs are posted.



PROPERTY 1: 55 CRISP COURT – This is a 2 story brick structure w/ metal roof has 4 units situated on .225 acre. 3 units have 2 bedrooms, 1 bath, living room and kitchen.  1 unit has 1 bedroom, 1 bath, living room and kitchen.  This building has laundry & storage in basement w/ coin operated washer & dryer.  Each unit has its own central heat & air.  This building is presently bringing in an income of $2000 per month and is on city utilities. 

PROPERTY 2: 65 CRISP COURT – This 2 story brick building w/ metal roof has 4 units situated on .237 acre.  All units have 2 bedrooms, 1 bath, living room & kitchen and its own central heat & air system.  There is a laundry room with coin operated machines and storage in the basement.  This tract fronts Crisp Court for 108.04’.  This building presently brings in $2125 per month and has city utilities.

PROPERTY 3: 75 CRISP COURT – This is also a 2 story brick building with 4 units situated on .276 acre and has 108’ of frontage along Crisp Court.   Each of these units have 2 bedrooms, 1 bath, living room, kitchen and its own central heat & air system.   It has a metal roof.  There is a laundry room but is not equipped.  This building has a monthly income of $2250.

PROPERTY 4: 59 CRISP COURT is the largest of the properties with 8 units on .840 acre.  Each unit has 2 bedrooms, 1 bath, living room, kitchen & individual central heat & air systems.  4 of the units have their own washer and dryer hookups.  This building has vinyl siding, metal roof, and a monthly income of $4150.  This tract is accessed by city street and an easement.

AUCTIONEER’S NOTE: If you’re looking for income producing property close to a college with excellent potential, this is the one.  You will have the opportunity to buy any of the structures individually or as many as you want.  There is a total of 20 units when combined on 1.578 acres, with an approximate monthly income of $10,525.   

MULTI-PARCEL AUCTION:  The property will be offered in tracts utilizing the multi-parcel method and selling in the manner that reflects the best returns for the sellers.  This concept gives each and every prospective buyer the ability to purchase his or her individual tract or combination.

PREVIEW: Monday, August 19th & Friday, August 23rd from 2-6 p.m. & Friday, August 30th from 10:30 a.m.

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the winning bid to determine the final sale price.

TERMS: 20% down day of sale with balance in 30 days.

Danny Ford, Auctioneer



Auctioneer License Information: P 11

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