Monday, September 06, 2010
AEP To Hold Land Auction
KENTUCKY...
A utility subsidiary is preparing to sell more than 4,700 acres of land in what is being billed as one of the largest land auctions in Kentucky history.
American Electric Power's Franklin Real Estate Co., is selling the property in 44 tracts at an auction set for Oct. 6 in Evansville, Ind.
The sale will allow farmers who have been leasing land to potentially buy it. The tracts range from a country house on a 1.7-acre lot to as much as 350 acres, with most encompassing 70 to 165 acres.
The property includes sandy Ohio River bottomland farms and fertile upland agricultural land along with woodlands that attract wildlife. The tracts include 3,435 tillable acres, 995 acres of woodland and nearly 317 acres of river ground, including two miles of Ohio River shoreline.
A utility subsidiary is preparing to sell more than 4,700 acres of land in what is being billed as one of the largest land auctions in Kentucky history.
American Electric Power's Franklin Real Estate Co., is selling the property in 44 tracts at an auction set for Oct. 6 in Evansville, Ind.
The sale will allow farmers who have been leasing land to potentially buy it. The tracts range from a country house on a 1.7-acre lot to as much as 350 acres, with most encompassing 70 to 165 acres.
The property includes sandy Ohio River bottomland farms and fertile upland agricultural land along with woodlands that attract wildlife. The tracts include 3,435 tillable acres, 995 acres of woodland and nearly 317 acres of river ground, including two miles of Ohio River shoreline.
# posted by Homer Owens @ 10:07 AM 
