Farm Auction Guide

Sealed Bid AuctionPlease submit sealed bid forms to:Tranzon Asset Advisors1108A North Dixie AvenueElizabethtown, Kentucky 42701on December 15th by 4:00 PM Lender-Owned Auction18 Hole Golf Course, 19,980+/-sf Club House, Commercial Land 8 Acre,4BR/2.5BA Luxury Home and 73 Residential Lots Birmingham Pointe Golf Course and Club House:805 Valhalla Lane, Benton, KY 42025 (Club House address) * Near Beautiful Kentucky Lake, Land Between the Lakes, Major Attractions and First Class Resorts * Golf Course was completely rebuilt in 2007 and a new Club House (19,900sf m/l) * 18 Holes; Par 72; 6,645 Yards; 147 Slope; 73.1 rating * 175.4 Acres +/- total for course amenities * Asphalt Cart Paths throughout the course * Attractive Hole/Yardage Monuments at Tee Boxes * Full Service Driving Range practice greens * Golf Course Irrigation System throughout the course * Large Maintenance and Equipment Storage Building with concrete floors, electric work areas * The Club House built new in 2007 and has top of the line modern conveniences. oThe magnificent natural wood open span timber truss roof provides a feeling of a grand hall oHigh efficiency Professional kitchen oWell designed dining room for a pleasant dinner atmosphere with beautiful chandeliers * Club House includes Pro-Shop, Cart Storage/Maintenance, Conference Room, Gift Shop, Dining/Kitchen restroom areas * Modern Sprinkler System throughout the building * Expansive wrap-around Outdoor Balcony overlooking Golf Course * Steakhouse Restaurant and Kitchen * Large Mens Womens Locker Rooms with Showers dressing areas * Lower level has Golf Cart Bag Storage * Pavilion with Picnic Tables for outdoor gatherings and Barbeques * Large Asphalt Parking Lot for 100 parking * Low property taxes potential for alcohol sales * Kentucky Lake has weathered the current economic climate extremely well as vacationers stay closer to home for family vacations * Location is easy to find with simple directions and has excellent roads leading to it. Close to everything! Land for Future Commercial Development with Highway Frontage: * 8.041 Acres +/- * Excellent location for Hotel, Condos, Resort, etc.... * 873.79 Ft. +/- Frontage on Hwy. 58 (aka: Big Bear Hwy.) * Property overlooks the golf course and touches the length of hole # 6 * No Zoning in Marshall County * Property Taxes currently included with the Golf Course Home:15 Valhalla Lane, Benton, KY 42025 * All Brick 2 Story Luxury Home * Fantastic view overlooking Golf Course * 4 Bedrooms with Beautiful Finishes * 2.5 Bathrooms * 3,169 Sq. Ft. +/- * Lot # 16 with .44 Acre +/- * 2 Car Garage with separate Golf Cart Door * Concrete Driveway, Sidewalk and Patio * Never lived in * 2009 Property Taxes $2,952.95 Residential Lots: * 73 Lots Bulk Sale * Average Lot Size is .442 Acres +/- * Many Attractive Upscale Homes already Built * Golf Course Views and Wooded Views available * see Plat for exact size and location of each Lot * All Utilities Installed except for septic systems * 2009 Property Taxes $4,736.67 = $64.86 Average per Lot Notes this property has been closed since November 2008 and will need reconditioning.