Income Generating 72-Unit Storage Facility & Mobile Home Park in Ashland
Listing ID#: 859168

Sale Location
2223 Judy Lane 2223 Judy Lane
Ashland, KY 41102
Sale Dates and Times
Bidding Starts: Wednesday Apr 8, 9:00 AM
Bidding Ends: Thursday May 7, 6:00 PM
Sale Type
 Online Auction  VIEW ONLINE CATALOG
Company Information
Joe R. Pyle Complete Auction & Realty Service

Contact: Alan Heldreth
Phone: 3045926000
Email: info@joerpyleauctions.com
Website: www.joerpyleauctions.com

EstateSale.com ID#: 5968
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Listing Terms and Conditions


REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders), payable to Woodrow Wilson, Broker, with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied.

Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted. Auction company reserves the right to bid on behalf of the seller in an auction with reserve.



AGENCY DISCLOSURE: Joe R. Pyle Complete Auction and Realty Service, LLC is acting as Auctioneer only.



DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information 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.

Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding.



BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
Listing Information

ONLINE REAL ESTATE AUCTION

 


Bidding begins closing Thursday, May 7th at 6:00PM

 


2223 Judy Lane

 

Ashland, KY 41102

 

 

 

Investment Opportunity – Storage Units & Trailer Park

 

SOLD FOR ONE BID

 

 

 

Excellent opportunity to purchase a multi-income producing property consisting of a 36-unit storage facility and an 8-unit trailer park, offered in 4 parcels. This property provides immediate cash flow with additional upside through vacancy filling.

 

 

 

Parcel 1 – Trailer Park (4 Units)
2223 Judy Lane

 

Lot 8 – Partially HUD Subsidized| $750/month | $9,000/year

 

Lot 7 – Vacant

 

Lot 6 – Vacant

 

Lot 5 – Vacant

 


 

Parcel 2 – Trailer Units (2 Units)
2211 Gobblers Knob Ct.

 

Fully HUD Subsidized| $625/month | $7,500/year

 

2221 Gobblers Knob Ct.

 

Partially HUD Subsidized | $775/month | $9,300/year

 


 

Parcel 3 – Trailer Units (2 Units)
2235 Gobblers Knob Ct.

 

Tenant Rent | $700/month | $8,400/year

 

2249 Gobblers Knob Ct.

 

Partially HUD Subsidized | $830/month | $9,960/year

 


 

Parcel 4 – Storage Facility
2269 Gobblers Knob Ct.

 

36 Total Units

 

8 Units – 10x20

 

20 Units – 10x10

 

8 Units – 5x10

 

Occupancy: Partially Rented (19 Vacant Units)

 

Monthly Income: $1,070

 

Annual Income: $12,840

 


 

Total Rental Income

 

Total Monthly Income: $4,000

 

Total Annual Income: $48,000

 


 

Investment Highlights:

 

Multiple income streams across 4 parcels

 

Mix of HUD and private tenants

 

Value-add opportunity with vacant storage units and trailer lots

 

Strong upside potential by increasing occupancy

 

Located in Ashland, KY with strong rental demand

 

 

 

10% buyer’s premium.  60 days to close.  Please read full terms and conditions before bidding.

 

 

 

Sold in cooperation with Woodrow Wilson, Broker 179027

 

 

 

 

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

 

(888) 875-1599

 

5546 Benedum Drive Shinnston West Virginia 26431

 

www.joerpyleauctions.com

 

Joe R. Pyle RP3864

 

 

 

 

 

 

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Income Generating 72-Unit Storage Facility & Mobile Home Park in Ashland

Joe R. Pyle Complete Auction & Realty Service

Joe R. Pyle Complete Auction & Realty Service


Contact: Alan Heldreth
Phone: 3045926000
Sale Location
2223 Judy Lane 2223 Judy Lane
Ashland, KY 41102
Sale Dates and Times
Sale Terms and Conditions
REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders), payable to Woodrow Wilson, Broker, with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted. Auction company reserves the right to bid on behalf of the seller in an auction with reserve. AGENCY DISCLOSURE: Joe R. Pyle Complete Auction and Realty Service, LLC is acting as Auctioneer only. DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information 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. Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding. BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
Listing Details

ONLINE REAL ESTATE AUCTION

 


Bidding begins closing Thursday, May 7th at 6:00PM

 


2223 Judy Lane

 

Ashland, KY 41102

 

 

 

Investment Opportunity – Storage Units & Trailer Park

 

SOLD FOR ONE BID

 

 

 

Excellent opportunity to purchase a multi-income producing property consisting of a 36-unit storage facility and an 8-unit trailer park, offered in 4 parcels. This property provides immediate cash flow with additional upside through vacancy filling.

 

 

 

Parcel 1 – Trailer Park (4 Units)
2223 Judy Lane

 

Lot 8 – Partially HUD Subsidized| $750/month | $9,000/year

 

Lot 7 – Vacant

 

Lot 6 – Vacant

 

Lot 5 – Vacant

 


 

Parcel 2 – Trailer Units (2 Units)
2211 Gobblers Knob Ct.

 

Fully HUD Subsidized| $625/month | $7,500/year

 

2221 Gobblers Knob Ct.

 

Partially HUD Subsidized | $775/month | $9,300/year

 


 

Parcel 3 – Trailer Units (2 Units)
2235 Gobblers Knob Ct.

 

Tenant Rent | $700/month | $8,400/year

 

2249 Gobblers Knob Ct.

 

Partially HUD Subsidized | $830/month | $9,960/year

 


 

Parcel 4 – Storage Facility
2269 Gobblers Knob Ct.

 

36 Total Units

 

8 Units – 10x20

 

20 Units – 10x10

 

8 Units – 5x10

 

Occupancy: Partially Rented (19 Vacant Units)

 

Monthly Income: $1,070

 

Annual Income: $12,840

 


 

Total Rental Income

 

Total Monthly Income: $4,000

 

Total Annual Income: $48,000

 


 

Investment Highlights:

 

Multiple income streams across 4 parcels

 

Mix of HUD and private tenants

 

Value-add opportunity with vacant storage units and trailer lots

 

Strong upside potential by increasing occupancy

 

Located in Ashland, KY with strong rental demand

 

 

 

10% buyer’s premium.  60 days to close.  Please read full terms and conditions before bidding.

 

 

 

Sold in cooperation with Woodrow Wilson, Broker 179027

 

 

 

 

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

 

(888) 875-1599

 

5546 Benedum Drive Shinnston West Virginia 26431

 

www.joerpyleauctions.com

 

Joe R. Pyle RP3864

 

 

 

 

 

 

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Income Generating 72-Unit Storage Facility & Mobile Home Park in Ashland
 Online Only Auction
Sale Date(s)
Bidding Starts: Wednesday Apr 8 , 9:00 AM
Bidding Ends: Thursday May 7 , 6:00 PM
Sale Location
2223 Judy Lane 2223 Judy Lane
Ashland, KY 41102
Company
Joe R. Pyle Complete Auction & Realty Service

Contact: Alan Heldreth
Phone: 3045926000
Email: info@joerpyleauctions.com
Website: www.joerpyleauctions.com

Listing Terms and Conditions
REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders), payable to Woodrow Wilson, Broker, with balance due at closing. Cash, check, & wire transfer accepted. Credit cards will not be accepted for the down payment. No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted. 60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price. Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents. No exceptions. Real estate sold subject to owner confirmation unless otherwise noted. Auction company reserves the right to bid on behalf of the seller in an auction with reserve. AGENCY DISCLOSURE: Joe R. Pyle Complete Auction and Realty Service, LLC is acting as Auctioneer only. DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information 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. Any references to acreage, unless otherwise noted, are derived from public record and are not warranted. Buyers are responsible for conducting their own research prior to bidding. BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.

ONLINE REAL ESTATE AUCTION

 


Bidding begins closing Thursday, May 7th at 6:00PM

 


2223 Judy Lane

 

Ashland, KY 41102

 

 

 

Investment Opportunity – Storage Units & Trailer Park

 

SOLD FOR ONE BID

 

 

 

Excellent opportunity to purchase a multi-income producing property consisting of a 36-unit storage facility and an 8-unit trailer park, offered in 4 parcels. This property provides immediate cash flow with additional upside through vacancy filling.

 

 

 

Parcel 1 – Trailer Park (4 Units)
2223 Judy Lane

 

Lot 8 – Partially HUD Subsidized| $750/month | $9,000/year

 

Lot 7 – Vacant

 

Lot 6 – Vacant

 

Lot 5 – Vacant

 


 

Parcel 2 – Trailer Units (2 Units)
2211 Gobblers Knob Ct.

 

Fully HUD Subsidized| $625/month | $7,500/year

 

2221 Gobblers Knob Ct.

 

Partially HUD Subsidized | $775/month | $9,300/year

 


 

Parcel 3 – Trailer Units (2 Units)
2235 Gobblers Knob Ct.

 

Tenant Rent | $700/month | $8,400/year

 

2249 Gobblers Knob Ct.

 

Partially HUD Subsidized | $830/month | $9,960/year

 


 

Parcel 4 – Storage Facility
2269 Gobblers Knob Ct.

 

36 Total Units

 

8 Units – 10x20

 

20 Units – 10x10

 

8 Units – 5x10

 

Occupancy: Partially Rented (19 Vacant Units)

 

Monthly Income: $1,070

 

Annual Income: $12,840

 


 

Total Rental Income

 

Total Monthly Income: $4,000

 

Total Annual Income: $48,000

 


 

Investment Highlights:

 

Multiple income streams across 4 parcels

 

Mix of HUD and private tenants

 

Value-add opportunity with vacant storage units and trailer lots

 

Strong upside potential by increasing occupancy

 

Located in Ashland, KY with strong rental demand

 

 

 

10% buyer’s premium.  60 days to close.  Please read full terms and conditions before bidding.

 

 

 

Sold in cooperation with Woodrow Wilson, Broker 179027

 

 

 

 

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

 

(888) 875-1599

 

5546 Benedum Drive Shinnston West Virginia 26431

 

www.joerpyleauctions.com

 

Joe R. Pyle RP3864