Online Only Real Estate Auction
Auction begins closing July 16th at 6:00 PM
4-Unit Trailer Park Investment Opportunity – Ashland, KY
Don't miss this opportunity to purchase a 4-unit trailer park located in a strong rental market in Ashland, Kentucky. With multiple income-producing units already in place and city water and sewer available, this property offers immediate cash flow and long-term investment potential.
Property Addresses:
- 9451 Oak Hill Drive, Ashland, KY
- 11120 Broadway Drive, Ashland, KY
- 11122 Broadway Drive, Ashland, KY
- 11124 Broadway Drive, Ashland, KY
Rental Income
- 9451 Oak Hill Drive – $950/month (HUD-backed rental income)
- 11120 Broadway Drive – $700/month (Tenant-paid rent)
- 11122 Broadway Drive – $150/month (Lot rent only)
- 11124 Broadway Drive – Currently Vacant
Current Monthly Income: $1,800
Current Annual Income: $21,600
PARCEL ID: 025-01-00-028.00
This property presents an excellent opportunity for investors looking to expand their portfolio with an income-producing asset. The vacant unit offers additional upside potential through future rental income. Located in a high-demand rental area with city water and sewer, this trailer park provides both immediate returns and room for growth.
Bid now and take advantage of this income-generating investment opportunity in Boyd County, Kentucky!
Sold in cooperation with Woodrow Wilson, Broker 179027
10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding.
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. REAL ESTATE PURCHASE AGREEMENT WILL BE SENT TO THE EMAIL ON FILE FOR ELECTRONIC SIGNATURE FOLLOWING THE CLOSE OF THE AUCTION AND MUST BE SIGNED IMMEDIATELY. 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.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service 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.
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
Joe R. Pyle RP3864
