SOLD: Former St. Catharine College, St. Catharine, KY
Bid Deadline: November 27, 2018
Auction Date: November 30, 2017
Minimum Bids: College Property Tracts (4 Tracts – Offered Collectively) - $1,300,000
Bypass Property Tracts (3 Tracts – Offered Individually or Collectively) - $3,000 per acre
All Properties as a Package - $1,420,000
Keen-Summit Capital Partners LLC, Court Approved Advisor, and CBRE Group, Inc., on behalf of LS Associates, LLC, as Receiver for the assets of Saint Catharine College, Inc. (“Seller”), are pleased to present this Offering Memorandum to acquire the college campus located at 2735 Bardstown Road, St. Catharine, Kentucky, situated between Springfield and Bardstown, KY.
CAMPUS PROPERTY TRACTS (50+ acres):
- Real estate and improvements thereon, including:
- Eight (8) buildings – Four (4) residence halls, state of the art library, Arts & Science classroom building, Student Center, and gymnasium with administrative office space.
- Additional Improvements include: Running track, baseball and softball field, soccer field and six tennis courts.
BYPASS PROPERTY TRACTS (40+ acres):
- Developable green field land with frontage along U.S. Hwy 150 Bypass
LOCATION: ~15 mins from Bardstown, KY, the epicenter of Kentucky’s Bourbon Trail, one hour drive to Louisville & Lexington