Another

100 Chase Way, Suite 1
Elizabethtown, KY 42701

ABSOLUTE AUCTION
Thursday, October 29th - 12:00 Noon
85 Rail Fence Loop
Elizabethtown, Kentucky 42701

T's Mobile Home Park
8 space park • 8 rental mobile homes

SELLING: Fully improved mobile home park containing 1.2 acres and 8 developed mobile home spaces with county water and city sewer. Total rental income of $2,330 per month or $27,960 per year. All lots have separate meters. Park has expenses of approximately $200 per month to cover the cost of insurance and garbage pickup.

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 LOT
NO.

YEAR

SIZE

TYPE

RENT
(per month)

6

1974

14X64

Redmond

$325

8

1975

14x70

Skyline

$325

8

1972

12x70

Redmond

$280

9

1976

14x70

Amburst

$300

10

1964

10x50

National Park

$200

11

1972

12x65

Estate

$300

12

1973

12x60

Homlite

$300

13

1972

12x65

Safeway

$300

DIRECTIONS: From Elizabethtown, travel U.S. 31W north approximately 3 miles from Towne Mall to First Street. Turn right, go approximately 1/8 mile, turn left on Rail Fence Loop. Property on left. Signs posted.

TERMS & CONDITIONS

TERMS: 15% down day of sale, balance within 30 days. 10% buyer's premium added to final bid.

TAXES: 1998 property taxes to be prorated.

POSSESSION: Landlord possession with deed. All rents will be prorated date of closing. Security deposits will transfer day of closing.

AUCTIONEER'S NOTE: This mobile home park is extremely well kept. All repairs and maintenance are up to date. The grounds and all mobile home pads are in good shape. This park has been staying completely full. Come prepared to bid and buy through the auction method where you set your own price. Buyers that need financing, call and we can arrange pre-approval before the auction.

OWNERS: T.J. and Sue Ye Weimar.


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