SOLD
125,000.00USDto Floor+ buyer's premium (12,500.00)
This item SOLD at 2006 Jan 27 @ 14:14UTC-06:00 : CST/MDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
<a href="http://www.crye-leikeauctioneers.com">Click here to go to the main website of these properties</a> - by visiting this site and clicking on the individual properties, you will be able to view a Visual Tour of each.
<a href="http://www.kirbyauction.com"> Alternate website</a>
405 N. Dixie Hwy, Cave City, KY - This income-generating motel is recently updated internally and externally! New paving & paint, fixtures & carpet, improved swimming pool, new electrical lines and fixtures, new heating and smoke detectors, new bed linens and curtains, new faucets in most bathrooms, new hardwood in some floors, new phone lines and fixtures, improved basement, improved landscaping, have all been added or improved within the past six months.
http://www.visualtour.com/show.asp?T=494645
23 rooms, including 2 suites at both ends of motel
5 rooms currently not used - still undergoing renovation
This irregular lot measures approximately 1.38 acres. There is a concrete area in rear of the building, formerly used as tennis courts and a basketball court.
Managers Quarters - The quarters attaches by a doorway to the rear of the Motel Office. Seperate entrance to the living room is also available from outside. The large kitchen has room for table and chairs and even other pieces. Two bedrooms and a bathroom complete the quarters. Amenities include hardwood flooring in the living room and bedrooms, functional, retro kitchen with lots of windows and a back door that opens to a small deck.
The 23 unit property is on a high traffic corridor near the Mammoth Cave tourist area. Other attractions in the area include the Wigwam Village, Guntown Mountain, Dinosaur World, Floyd Collins Museum, Cave City Convention Center and many more. Restaurants and lodging are important to this thriving area.
Open House - Sunday, January 22 from 1:00 - 3:00 p.m. or contact Auctioneers at 800-808-7876.
Auction Location:
1021 Wilkinson Trace, Bowling Green, Kentucky, United States
Previewing Details:
Visual Tours of most properties can be found on the link provided: <a href="http://www.visualtour.com/inventory.asp?u=58047">Visual Tours</a>
All other properties may be inspected by appointment. Please contact 800-808-7876 and ask for Ron or Karol or Chuck.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
10% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
Earnest Deposit
The successful bidder will be required to make an earnest money deposit of ten percent (10%) of the total bid price including the buyer’s premium. Acceptable payment will include personal or company check with ID or cash. Additionally, each buyer must sign the real estate sales and purchase contract upon the conclusion of the auction. All earnest money will be deposited in Crye-Leike Auctioneers escrow account, without delay.
Terms and Conditions
Registration
In order to participate in this “Only At Auction” Accelerated Marketing Event, you must complete and sign the bidder registration form, agreeing to the terms and conditions of sale. For Internet bidding, pre-registration is required at www.naalive.com.
Terms of Sale
Each buyer will be required to sign the acknowledgment “bid and deposit” form after the bidding has ended on each parcel. The runner-up bidder will also be recorded in the event the successful buyer is unable to complete the transaction. This auction will be audio and video recorded.
Earnest Deposit
The successful bidder will be required to make an earnest money deposit of ten percent (10%) of the total bid price including the buyer’s premium. Acceptable payment will include personal or company check with ID or cash. Additionally, each buyer must sign the real estate sales and purchase contract upon the conclusion of the auction. All earnest money will be deposited in Crye-Leike Auctioneers escrow account, without delay.
Buyers Premium
A buyer’s premium of ten percent (10%) will be added to the successful bidders final bid price to determine the sales and purchase contract sales price.
Pre and/or Post Sale Contingencies
Ladies and Gentlemen, there are no contingencies whatsoever in this auction, including financing. Anyone who has registered and obtained a bidder number signifies he or she is qualified to bid and close on any parcel in which they are the successful bidder.
Closing Date and Real Estate Taxes
All properties will be closed on or before February 27, 2006. Taxes for 2006 will be prorated as of closing. In some instances, closing schedules and/or 1031 Exchanges may require an extended closing time period; therefore, Auctioneers must approve any extension in closing.
Conveyance and Possession
A deed shall make conveyance to the purchaser(s) or his or her designee. All possession rights of ownership will be conveyed at closing with