1 Tract, New Fence & 3 Spring Branches!

Absolute Auction

Saturday, May 21st, at 10 A.M. CDT

 

50 Acres m/l – EXCELLENT PROPERTY FOR CATTLE FARM with new fence, spring branches, good field & pasture land, some woods. County water & electric available.  Also Investment Income Potential w/ (2) Leased Towers!

 

Location:  From Columbia, KY take Hwy 206 East approx 8 & ½ miles and property is located at corner of Liberty Rd. (Hwy 206) & Tower Road , Columbia , KY.   Auction Banners Posted.

 

Auction held for Sharon Burton

 

 

Get ready for this 50 Acres, m/l in 1 Tract – offering an excellent opportunity to purchase large to medium sized acreage!  This acreage is ideally suited for cattle, horses or other livestock operation with good fence, good pasture, good water, and a good cool hollow for those hotter summer days.  Also great building locations at different points on property – either close to the roadway or far back!  Property also offers good hunting opportunities and joins large heavily wooded area outback. 

 

Investment Income Potential:  The farm is subject to (2) leased easements for transmission towers that encompass two small areas on one portion of the property. Per the lease, both are for the Commonwealth of KY with one being a KY Emergency Warning System and the other affiliated with Western KY University.  These “tower” leases expire in 2026 making for the possibility of a “CASH COW” if the owner wishes to renew those leases at that time!

 

Terms:  15% down day of sale & balance with possession and delivery of deed on or before 30 days. A six percent buyer’s premium will be added to the final bid to determine final sales price. Property taxes paid by purchaser for 2011.

 

Auctioneer’s Note:  You want get to purchase a single tract this large everyday!  These sized tracts are getting as scarce as hen’s teeth!  Remember the date Saturday, May 21 at 10 A.M CDT and come prepared to buy at your price!   

   


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