1238 Settlers Trace Road, Taylorsville, KY 40071 - Spencer County

Unique Sealed Bid Offering of Leasehold Interest in Established Water View Development Only Minutes South of Louisville, KY

Three Unique Offerings that can be Combined or Bid on Separately

A. Estimated 163+- acres of Edgewater Resort Property, consisting of 126 lots, 40 of which have completed rental cottages subject to license and rental management agreements with cottage owners, utilities, streets, and gated entrance with welcome center/office, community pool and pool house

B. 179 acres of Pristine Recreational Land Perfect for Future Development

C. Package of Four Rental Cottages (#5, 16, 30 and 31) Featuring 2 to 3 Bedrooms & Wonderful Settings

Existing Sewer Treatment Center Included with Development

Developer Controlled Rental Plan with Cottages Produces a Year Round Income Stream

Development Overlooks Taylorsville Lake in Central Kentucky with Significant Population Demographics Within 1 Hour Radius

First Time Offering Through Sealed Bid to the Public Development Experience Recommended

Well Planned Master Community with Potential Excellent Lender Financing Packages Available Borrower Qualification & Terms Required for Financing Call Tranzon Today for Details

Assignment of Leasehold Interest being offered based upon approval from Government Agency Lessors

Bids Due By October 12, 2016 Contact Tim Mast, CAI, AARE or Ed Durnil, CAI for Details, Inspection or Access to Extensive Data Availability o Extensive Data Availability

Edward D. Durnil, Ky Auctioneer/Broker #P1734