601 Hawkins Street, Carrollton, KY 41008 - Carroll County

KY - OWNER LIQUIDATION AUCTION Income Producing Assisted Living Facility

Auction/Sale date and time

04/27/2011 at 4:00 PM ET

Property Location

601 Hawkins Street

Carrollton, KY 41008

OWNER LIQUIDATION AUCTION

Income Producing

Assisted Living Facility

Sells to highest bid over $150,000.00

Bee Hive Home of Carrollton has been in operation for eleven (11) years. There are eleven rooms and occupancy rate at this time is just over 50%. Current gross income is approximately $11,000 per month. Property has been well maintained. The facility is approximately 5,000 sq. ft., frame construction with brick veneer exterior conveniently located near downtown Carrollton in quiet residential subdivision. Bids are due April 27, 2011 by 4 p.m. The property will be available for inspection on April 19, 2011 at 3 p.m. or by appointment. Dont miss this opportunity to purchase an income producing property at auction.

Additional Information:

Parcel Size: Approximately .36 +/- acre

Parcel ID: C2-04-08 & C2-04-09 (Carroll County)

Built in 1999.

Zoning: R-3

Located near historic downtown Carrollton, KY

Approximately 5,000 +/- sq. ft. with eleven (11) assisted living sleeping rooms.

Approximate current gross monthly income is $11,000 at approximately 50% occupancy.

Edward D. Durnil, KY Auctioneer/Broker #P1734