Bankruptcy Ordered Auction – Residential Multi-Family Building

• Two-Story Multi-Family Building: 10+ Modern Residential Units Plus Dedicated Storage Space, Totaling 8,640± sq. ft. (PVA) – Former Homeless Shelter

 

• Prime Corner Lot & Parking Areas: Expansive ½-acre Lot With Multiple Access Points and Ample Unused Space, Ideal for Future Expansion or New Development Opportunities. Property Selling in As Is Condition – Renovation Required

 

• Strategic Location: Positioned Directly Along High-Traffic US-23, Surrounded by Thriving Private and Chain Businesses, Ensuring Excellent Visibility and Accessibility.

 

• Three Street Access: Direct Access from Winchester, 30^th Street & Alley in Rear

 

• Flexible Zoning Potential: Zoned B-2, Diverse Commercial and Business Possibilities, From Retail, Housing or Mixed-Use Development.

 

• Selling Free and Clear of Liens – Bankruptcy Court Ordered Sale

 

• No Back Taxes - Title Insurance Available!

 

• Sold by Order of the U.S. Bankruptcy Court – EDKY – Case No. 24-10169

   

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #187998

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Clay Perry

Clay Perry: Tranzon Asset Advisors

270-769-0284 cperry@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: Closing within 15 Days of court approval, sold in As-Is, Where-Is condition, no contingencies.
• Deposit Amount: 20% deposit of the Total Sale Price in guaranteed funds.
• Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.