Скачать или смотреть 📢 Real Estate Auction for Income Producing Property

🏡 REAL ESTATE AUCTION
📅 Thursday, July 24th, 2025
🕛 12:00 PM CST
📍 Grand Rivers, KY
👀 Preview Date: Sunday, July 20th, 1:00 PM – 3:00 PM

OFFERED IN 3 TRACTS & COMBINATIONSAn outstanding 8.8± acre development and investment opportunity in the heart of Grand Rivers, KY—within walking distance of Patti’s 1880s Settlement, shops, restaurants, and the scenic shores of Kentucky Lake and Lake Barkley, both less than a mile away. With no restrictions, utilities available, and a newly updated city water/sewer system, this property is ideal for residential, commercial, or mixed-use development. Income-Producing OpportunityThis is a fully operational business offering immediate cash flow from day one. With existing infrastructure including campsites, multiple residential units, and strong tourism traffic in Grand Rivers, the property presents a rare turnkey investment. Potential annual income based on market of $400,200.00 at full occupancy. Current annual income based on full occupancy is $325,200.00. Whether you continue its current use or implement new development plans, the income potential is substantial. Auction DetailsThe auction will be held both online and onsite, rain or shine, allowing buyers from anywhere to participate with confidence. Why Grand Rivers?Nestled between Kentucky Lake and Lake Barkley, Grand Rivers is a thriving tourist destination known for its small-town charm, vibrant local businesses, and year-round recreational opportunities. Home to Patti’s 1880s Settlement, marinas, walking trails, and the Land Between the Lakes, this lakeside town offers consistent visitor traffic and strong economic potential—making it a prime location for short-term rentals, retail ventures, or residential developments. This property’s central location—just 0.5 to 1 mile from both lakeshores—offers unparalleled access to boating, fishing, and water recreation, enhancing its appeal to developers and investors. TRACT BREAKDOWNTRACT 1: Maxwell Street – 6.00± Acres• 54 Campsites• 210 Maxwell Street: 3BR/2BA Manufactured Home (Management HQ), granite counters, attached & detached garages• 216A Maxwell Street: 2BR/1.5BA, laundry room, eat-in kitchen• 216B Maxwell Street: 2BR/1.5BA, stone fireplace, eat-in kitchen• Small 1BR cabin with loft (no running water)• Bath House: laundry, 2 half baths, 2 showersTRACT 2: 136 Chandler Court – 2.18± Acres• 1842 Log Cabin: 2BR/2BA, laundry, sunroom, eat-in kitchen, large stone fireplace• 2BR/1BA Manufactured Home• Efficiency Apartment: 1BR/1BA open floor planTRACT 3: 1664 Twelfth Street – 0.5± Acre• 1BR/1BA Mobile Home (744 SF) with eat-in kitchen & large side/rear deck Property Highlights• Development Potential – No Restrictions• Walking Distance to Patti’s, Shops, & City Center• Adjacent to Tolar Family Land• Less than 1 Mile to Kentucky Lake & Lake Barkley• City Upgrades – New Sewer & Water System• Utilities Available: Natural Gas, Sewer, Electric