Multifamily Property For Sale - Jul 14 Auction - 25 acre Between Sup Walmart & TSC

272 Emerson Bypass, Russellville, KY, 42276

 

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Jul 14 Auction - 25 acre Between Sup Walmart & TSC

272 Emerson Bypass, Russellville, KY 42276

Laundromat and Park Entrance
  • N/A
  • 150
  • Multifamily
  • Mobile Home/ RV Community
  • Multifamily (land)
    Retail (land)
    Commercial/ Other (land)
  • Investment
  • Yes
  • Yes
  • 25 AC
Last Verified  7/15/2009 Listing ID  16301670

Highlights

  • Auction : July 14th 2009
  • Lots of Road Frontage
  • Great Visibility from Bypass
  • Between New Super Walmart and Tractor Supply plaza
  • Flat !
  • Front is zoned commercial - Back Multifamily

Description

Foreclosure Auction July 14th, 2009 11am
Held by Logan County Master Commissioner in Russellville, KY.
Auction on Site.

Currently a mobile home park with a 1700 sf Laundromat/Office

25± acres zoned multifamily & commercial

ALSO BEING AUCTIONED: 38 MOBILE HOMES.
Mostly 1996-2003 models
16x80s down to 14x40s
See PDF Attachment: Photos of Mobile Homes

Homes will be auctioned individually, then auctioned as a group.
Whichever method (individually or group) brings the most money will prevail.

Mobile homes will NOT be grouped together with the land.


----------------
Possible options

Redevelop the land as apartments / motel / retail.
Buy some or all of the mobiles to generate rental income while you finalize plans.
Generate income from the Laundromat
Consolidate mobile home park to the back and develop the frontage.
Add on to the Laundromat to create a small strip center.
Replat and sell lots along the frontage.


(Property is also known as Logan Estates Lanes A, B, C, & D)

Property is between:

The new Super Walmart and 130,000 sq ft of shadow strip centers
and
The shopping plaza that includes Tractor Supply, Hibbets, Peebles and others.

Great visibility
Easy Build

Map of 272 Emerson Bypass, Russellville, KY 42276 (Logan County)

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Created 7/1/2009

Additional Information for 272 Emerson Bypass Road, Russellville, KY 42276

  • Active For Sale - 0 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 2 Historic Listings
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.


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