AUCTION: Prime Investment Opportunity - 32-Lot Mobile Home Park + Residential Home on 11.2 Acres in Georgetown, KY!

Live & Online Auction Event!

Seize a remarkable investment opportunity with the auction of a well-located 32-lot mobile home park, complete with an existing residential house, all situated on approximately 11.2 expansive acres. This property offers significant income potential and room for future development (subject to zoning and approvals), making it an ideal acquisition for investors looking to expand their portfolio in a thriving Kentucky market.

Property Highlights:

Property Type: Mobile Home Park (32 Lots) with 1 Residential House
Acreage: Approximately 11.2 Acres
Current Zoning: 11 RV spots and 21 Mobile Home spots
Current Occupancy: 12 Mobile Home Lots currently rented. The park operates on a lot rental only basis.
Utilities: Property is serviced by a lagoon system for wastewater management and city water.
Location: 2136/2140 Cincinnati Pike, Georgetown, KY 40324
Strategic Location:
- Just minutes from the major Toyota Manufacturing Plant in Georgetown.
- Less than 2 miles from Interstate 75 (I-75), providing excellent accessibility and connectivity.
- Situated in Georgetown, a rapidly growing community with strong demand for housing.
Income Potential: Immediate income stream from existing rented mobile home lots and residential house.
Development Potential: Ample acreage offers potential for additional mobile home lots, expansion, or other development opportunities (subject to local zoning and permits).

Auction Details:

Bidding Opens Online: Monday, June 24th, 2025 at 6:00 PM EDT
Live Auction Event & Simultaneous Online Bidding: Wednesday, July 24th, 2025 at 6:00 PM EDT
Auction Location: Onsite Auction with simulcast bidding
Important Information for Bidders:

Registration Required: All bidders (both live and online) must register and agree to the auction terms and conditions prior to bidding. A refundable deposit may be required to obtain a bidder number.
Preview/Inspection: We strongly encourage all interested parties to conduct their own due diligence and property inspections prior to the auction. Please contact Dustin Mallory (859)-983-1128 to schedule a viewing of the property. Detailed information, including financials (if available and permissible), leases, and property disclosures, will be provided to registered bidders.
Terms: [Outline brief terms - e.g., 10% non-refundable down payment due on auction day, balance due at closing within 46 days. Property sold "as-is, where-is" with no warranties or guarantees
Buyer's Premium: A 10% Buyer's Premium will be added to the high bid to determine the final contract price.
Closing: Closing will take place on or before 9/8/2025.
Broker Participation: Broker cooperation is invited. A commission will be paid to the Buyer's Broker who registers their client according to the terms and conditions outlined in the bidder's packet.

This is an exceptional chance to acquire a significant piece of income-producing real estate in a prime location with established infrastructure. Don't miss out!

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