SOLD PRE-AUCTION - Hazard KY Apartments 131-215 Weslee

Auction Date: Friday, November 11, 2016 11:00 AM

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ABSOLUTE AUCTION

131-215 Weslee Way

Hazard, KY 41701

Perry County

SOLD - $770,000.00

SOLD PRE-AUCTION!!!  AUCTION CANCELLED!

This property consists of 4 buildings. There is a total of 33 apartments in this complex. Building 200 contains a laundry with 5 coin operated machines (3 wash/2 dry).   Tenants pay all utilities on this property. Potential to produce over $18,000 per month in gross income.  See the attached rent roll for more info.  Current 2016 appraisal on file. 

100 Building - Contains 6 apartment units.  There are (2) 3 bedroom, 1 bath units and (4) 2 bedroom, 1 bath units

200 Building - Contains 9 apartment units.  (2) 3 bedroom, 1 bath, (4) 2 bedroom, 1 bath, and (3) 1 bedroom, 1 bath and has bonus loft room.

300 building - Contains 6 apartment units.  Each unit has 1 bedrooms, 1 bath and a large deck.  Parking is in the back.

400 Building - Contains 12 apartment units.  There are (8) 2 bedroom 1 bath units, and (4) 1 bedroom, 1 bath units.  NOTE:  The 1 bedroom units have motel style HVAC, and the 2 bedroom units have central heat & air provided by a heatpump. 

Open House Information:

Property will available for inspection on Saturday November 5th from 1:00 to 3:00 PM. Select vacant units will be available for viewing. Property also open 1 hour prior to auction.

Directions:

From 80 in Hazard, turn onto Morton Blvd., left onto Grand Oak Way, slight left onto Adam Ridge Road and end at Weslee Way.

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