Property Listing No Longer Available for Sale

Undisclosed, Campbellsville, KY

Business for Sale - $60,000,000 - 716,455 Sq. Ft. on 135.99 acres


Property Info

CIMLS#1057669
Location
  Undisclosed
  Campbellsville KY 42718
UpdatedDecember 11th, 2021
TypeBusiness
Price$60,000,000
Building716,455 Sq. Ft.
Land135.99 acres

Property Description

A Kentucky-based manufacturer of superior-quality interior and exterior home building supplies including molding, solid hardwood doors, stair systems, and custom trim and millwork. This sale includes all real estate, all equipment, and all inventory.

135.99 total acres. 716,455 total SF under roof consisting of 11,715 SF of office space; 704,740 SF of lumber processing, shipping, door, trim, mouldings, all under roof.

The facility has a total of 40 buildings totaling 716,455 square feet plus another 2 open sheds totaling 6,730 square feet. A summary of all buildings is included on the attached documents. It includes building name, square footage (per plans), year constructed, actual age, and eave height. The building numbers correspond to those on the aerial map included earlier in the report. The new building is listed as No. 59 with an area of 10,500 square feet. The building was originally

constructed for use as a pre-dryer however the necessary equipment has not been installed and it is being used for storage. The building is not sprinkled, but is insulated. Those structures with square footages listed in the second column (FF&E/Shavings) are not included in the sale as they are considered to be personal property/FF&E. All buildings are sprinkled but the most recent.

The entire property has been updated with LED lighting in all buildings, and new energy saving control boxes were installed on all equipment. This has reportedly resulted in a savings of around $35,000 per month in utility bills. The total cost of this upgrade was $1,227,250 per invoices shared by the owner on the date of inspection. Additionally, a new roof was put on Building No. 5.

The functional utility of the improvements is adequate for the current use as

a sawmill/lumber processing facility, with the capacity for up to $140 Million in gross sales. However, given the economic downturn in the housing market since the mid 2000


Financials