Good news! The online auction for a bank-owned, +/-23,000 square foot mixed-use building has been extended until August 4th. Despite today’s challenging Las Vegas real estate market, FRE.com’s online auction marketplace has generated a significant amount of interested parties who have requested more time to perform their due diligence. Though all documentation is conveniently posted on the every auction webpage, bidders and real estate professionals alike have asked for more time to assess the property value before they name their price at auction.
All bids can be submitted online until the bid deadline of August 4th at 5:00 pm PDT, but this property is sure to go quick with a minimum bid of just $1,200,000 so investors better move quick! To view all of the auction details, documents, photos and auction information, check out the auction profile page at FRE.com.
Here’s a quick property video for you to check out as well:
LFC is returning to bustling Reno, Nevada for our latest online auction campaign on our commercial auction website LFC.com. This bank-owned auction features a total of sixteen custom luxury home sites in the exclusive, prestigious Reno gated community of Somersett.
Nestled at the base of the Sierra Nevada Mountain Range in west Reno, Somersett delivers the best of both worlds: the peace and privacy of a secluded suburban neighborhood, all just a short drive away from the vibrant city life of Reno. This award-winning golf community features two golf courses designed by U.S. Open Champion Tom Kite, a 9-hole course available to all residents and an 18-hole course for members of the private Somersett Country Club. For non-golfers, Somersett offers over 27 miles of paved and natural hiking and biking trails amid rolling hills and wandering rivers. In addition, residents of this expansive community enjoy exclusive access to The Club at Town Center, a luxurious, $9 million facility that includes an aerobics studio, a state-of-the art gym, basketball court, massage room, two spas, and three junior Olympic-size pools, as well as a Kids Corner and Teen Club.
This bid deadline for this online auction is July 29, 2010, but with such a large variety of offerings, all interested buyers are advised to begin their research and due diligence as soon as possible by visiting LFC.com/882L1.
As always, follow us on Twitter at Twitter.com/LFC_Auction to stay up to date on all our auction campaigns.
The online auction for luxury homesites in the Whispering Pines neighborhood of Reno, Nevada’s Caughlin Ranch has been extended until Monday, 12/7/2009 @ 5:00 PM PST.
As multiple bidders fiercely competed for this property, the seller chose to invoke LAST CALL®, our patent-pending process that extends the bid deadline until no more bids are received, giving everyone a fair chance to submit new bids before the auction ends.
The new bid deadlines for the six luxury homesites and development land have been set for Monday evening. Head over to LFC.comtoday to check out the exciting conclusion to these auctions.
We are thrilled to be auctioning this former Coca-Cola Bottling Distribution Center. The sellers are serious and looking for serious buyers in this absolute auction. Just like the title says, there is no reserve to this auction and the sellers aim to to find the right price before the bid deadline on December 10, 2009, at 7:00pm CST.
The property sits on ±4.74 acres of prime real estate in Waco. The building is approximately 36,000 SF and, because of its solid concrete construction, lends itself to a wide range of uses. There is also additional land for further development or use.
For more details and documentation on this rare opportunity, check out the auction at LFC.com! Good luck and happy bidding!
Yes, that is correct. We are pleased to announce the latest campaign on our commercial property auction website LFC.com: the former Elk Meadows Ski Resort in southwestern Utah’s Beaver County. The property, comprising more than 1,100 acres of beautiful recreational land, is surrounded by a half-dozen of Utah’s most renowned national parks, including Zion National Park, Bryce Canyon, Dixie National Forest and Fishlake National Forest. Elk Meadows is secluded yet accessible; the mountain is less than three hours from several of Utah’s major metropolitan areas, including St. George, Provo and Salt Lake City.
For 25 years, Elk Meadows was the secret getaway for skiers and snowboarders looking to escape the mammoth crowds of Salt Lake City and Park City in northern Utah. However, the mountain’s proximity to several national parks made it a popular destination during off-season, as well. In summer, guests enjoyed mountain biking, horseback riding, ATVing, fishing, hang gliding and more. Throughout the years, Elk Meadows was a popular destination for vacationers from southern Utah, southern California, Phoenix, Arizona and northern Nevada. In fact, Elk Meadows is less than a four hour drive from Las Vegas, Nevada.
It’s not everyday that one can just go out and buy a mountain on the internet. Check out the auction and more of its details on this truly unique commercial real estate auction at LFC.com/L1.
Give us a shout: What would you do with your own mountain?
LFC has the pleasure of auctioning the Whispering Pines Neighborhood of Caughlin Ranch, Reno’s finest and most renowned master-planned community.
At Whispering Pines, homeowners get the best of both worlds: a quiet suburban community just a short drive away from bustling Reno.
Whispering Pines sits within the Caughlin Ranch Masterplan which encompasses 2,300 acres stretching from the foothills of the Sierra Nevada mountains to the Truckee River, and is known for its stunning natural beauty, enhanced by scenic rolling hills and picturesque ponds. Nearby Caughlin Ranch Shopping Center features retail shops of every variety.
With the bid deadline only 14 days away on December 3, these properties will go fast. Feel free to visit the auction event page and download any or all of the property documentation available at www.LFC.com/805L1.
The National Auction Property Search provides easy access to real estate properties currently
offered for auction through LFC’s Accelerated Marketing Program (AMP). You can filter your
search results by property type or click on a state.
Size: 3.1 acres
Location: Fort Morgan, Colorado
Minimum Bid: $650,000
This 44,000+/- sq. ft. industrial building on 3.1+ acres is ideal for storage, distribution and manufacturing. Zoning is flexible, building costs are low and the labor force is most reasonably priced. In addition, Morgan County has been designated an Enterprise Zone.
Located ¼ mile from the Long Bridge Road exit off Interstate 76 (Exit 73), this facility is just one hour from Denver International Airport. The proximity to I-76 provides excellent sign visibility to traffic.
Constructed of steel and concrete in 1995 and expanded in 1998, the facility has four dock-high doors, 2 drive-in doors, clear ceiling heights of 16 feet at the sidewall and 22 feet at the center, a finished office area of 700 sq. ft. and fenced outside storage/parking. All utilities are currently supplied to the building, including 200-amp, 480-volt power, as well as 3″ water pipes to the property, 2″ pipes on the property and 1″ pipes to the building. Both power and water capability could easily be increased. The facility is equipped with 8 phone lines.
Size: 20 acres
Location: Preston, Washington
Minimum Bid: $330,000
Unimproved 20-acre parcel of land located in eastern King County, north of the Preston-Fall City junction.
The subject parcel is zoned as RA-5 (Residential in 5 acre parcels) but is currently forestland for property tax purposes and is located north of a number of single-family residences and not far from a new industrial park. It is rectangular in shape and mostly level.
The property is located only 1/4 mile from Interstate 90, which provides easy access to Bellevue and Seattle. This portion of the county is experiencing significant development, particularly the area near the interstate.
