Auction Information

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01/01/0001, 12:00 AM

123 Acres in Jabez, KY

Only 1 Mile To Cumberland Glenn Boat Ramp!

Lakeview Land Auction

Just Minutes To The New Cave Springs Marina!

Saturday, June 26th at 11 AM Eastern Time

Raw, Undeveloped Lake View Recreational Property Adjoining The Lake Cumberland Corps of Engineers Offering 123 Acres m/l in 7 Tracts, Ideal For Further Subdividing and Development!

ATTENTION INVESTORS & 1% CD HOLDERS-INVEST IN THE GOOD EARTH!

This unique property is mostly wooded and offers incredible lake and mountain views, spring branches, and scenic waterfalls!

Auction held for DMC Investments, LLC.

Located just West of Somerset, KY in the Beautiful Lake Cumberland Area!

Property is located in the Jabez Community near the Pulaski/Russell/Wayne County line and only one mile to CUMBERLAND GLENN BOAT RAMP and just minutes to the new Cave Springs Marina!

Directions: Located approximately 10 miles West of Somerset, KY - From the Cu...

Directions: Located approximately 10 miles West of Somerset, KY - From the Cumberland Pkwy. Exchange (Louie B. Nunn Pkwy.) at the Nancy, KY Exit and on the south side of the Pkwy near the Chesterview Baptist Church, turn onto Hwy 3262 and proceed 3 & ½ miles, then proceed right onto Hwy 196 and go approx 7 & ½ miles, then turn left and continue on Hwy 196 approx 4 miles, then right onto Della Winchester Rd. AUCTION BANNERS POSTED

This property offers raw, unimproved lake view land adjoining the beautiful Lake Cumberland Corp of Engineer boundary. Property has scenic lake view that could be improved with further development. Property has scenic mountain views, and also offers several creeks and waterfalls. Property has no restrictions. This property offers access to several hundred acres of government property that is full of deer, turkey and other wildlife. Electric is nearby and county water is available at Della Winchester Rd.

Tract #1: 5.71 Acres m/l, Field Tract

Tract #2: 8.01 Acres m/l, Field Tract & Partial Woods

Tract #3: 18.74 Acres m/l, Wooded

Tract #4: 21.84 Acres m/l, Wooded

Tract #5: 16.43 Acres m/l, Wooded

Tract #6: 9.87 Acres m/l Wooded

Tract #7: 42.21 Acres m/l, Wooded

Possibility of some combinations may be offered, but at no time will all property be combined.

Sale Headquarters: Will be located on Tract #2.

Viewing: Property may be viewed at your leisure or contact selling agents for assistance. Agents will be on the ground Friday, June 25 from 5 PM EDT until ? for viewing or any questions you may have.

Terms: Real Estate: 10% down and balance with deed on or before 30 days. Property taxes paid by seller for 2010. A five percent buyer’s premium will be added to the final bid to determine final sales price.

Auctioneer’s Note: If your CD is earning practically 1%, come on down and invest in this prime undeveloped land adjoining Lake Cumberland. You and your wallet will be glad you did.

Remember the date, Saturday, June 26, at 11 A.M. Eastern Time and come prepared to buy at your price!