Thursday, August 11, 2011

Edmonton cattle market fetches over $350K

The Edmonton Livestock Market in Metcalfe County, Ky., sold at public auction today for $358,600 to a cattle man from West, Texas.

Roger Crain of Crain Auction Company has confirmed that William Capavick purchased the Edmonton market after bidding over the phone this morning.

Crain's real estate auction company is also selling the West Kentucky Livestock Market at Marion at public auction tomorrow starting at 10 a.m., on site. The auction company is headquartered in Hardeyville, Ky.

The two sales are part of a court-ordered bankruptcy case.

The Marion facility has been appraised at $670,000. It last sold in 2004 for $215,000. The Edmonton facility was appraised at $470,000.