Archive: REAL ESTATE & BUSINESS ASSET AUCTION
Conducted: April 15, 2015 12:01 PM EST (Real Estate sells first followed immediately by the Business Assets)
Location: 9310 Preston Highway
Louisville, KY 40229
Highlights:
Lender Owned former
FOR KIDS ONLY CHILDCARE

Notes:
- ABOUT THE REAL ESTATE -

This is a well located property on heavily traveled Preston Highway only 1 block off I-265, close to I-65, and contiguous to Meijer. According to the Jefferson County PVA, the frame structure contains approximately 2582sf on the main level with approximately 2114sf finished on the walk out lower level. This converted residence sits on a 1.65acre lot with 12 marked parking spaces on a blacktop parking area. The rear of the property is partially fenced as a play area with the balance of the lot in grass and woods. There are 2 Forced Air gas furnaces w/ Air Conditioning. There are also restrooms on both the main level as well as the lower level.

The property is currently zoned R-4 (Residential) but is surrounded by other business zoned properties. Other identified properties in the immediate area include small offices, churches, service businesses and residences. Current real estate taxes are $6,285.00 based on an assessed value of $600,000. Jefferson County PID # 066000860000. Latest lender obtained appraisal (March, 2013) values the property at $325,000.

SELLS TO THE HIGHEST BIDDER - NO MINIMUM - NO RESERVE

NOTICE – a 10% discount on the purchase amount will be given at closing, IF the closing takes place on or before April 30, 2015.


- BUSINESS ASSETS -
(Begins selling immediately following the real estate)

The business was last used as a Child Care facility serving children from infant to school age. As such assets consist of numerous Fischer Price type toys, games, cribs, etc. These assets will be sold in large lots, primarily on a room by room basis. If you currently have a child care facility of any type, you won’t want to miss this auction. There will also be a nice high volume copy machine, other business equipment, and lunch/break room assets.


PROPERTY INFORMATION PACKET


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