Maumee, OH (PRWEB) July 8, 2009
Pamela Rose Auction Company, LLC / Beth Rose Auction Company, LLC / Loss Realty Group located in Maumee, Ohio
971 Rental Units to Be Auctioned in Northwest Ohio on Friday, July 24, 2009 at 10:00 am with the auction held off‐site at The Hilton Garden Inn at Levis Commons, a local Shopping Center located at 6165 Levis Commons Blvd. in Perrysburg, Ohio.
Largest Auction Ever in the Region.
In a down economy, with real estate values plummeting, why would anyone want to invest in commercial real estate? The answer is simple; rental properties have always proven themselves to be stable generators of income in good times and bad. Many experts agree, the commercial real estate market has hit bottom and now is the time buy. Over fifty years ago, one man, the late Roger Dunbar of Toledo, Ohio, built his fortune by building and investing in commercial estate. He went on to develop numerous sub‐divisions, including over 5,000 homes, 1,200 apartment units and 200,000 square feet of shopping centers. Now his success can be yours, with the auction of 971 apartment units and 123+/‐ acres of land, and 7 lots.
The units are all leased to over 90 percent occupancy and have been professionally maintained and managed to a standard of excellence reflecting the late owner's high standards. The auction will take place off‐site at the The Hilton Garden Inn, at Levis Commons in Perrysburg, Ohio. The properties are being sold in 10 lots of rental properties with items per lot ranging from from 18 to 246 units. Additionally, two other lots feature one with 123 acres and the other offering 7 lots zoned R4/Multi Family Use.
The auction will be conducted ballroom style by award winning auctioneers and sisters, Pamela and Beth Rose. Bidders will be able to bid on individual lots along with bidding on the whole or in multiples. For more information, bidders may register to bid online or in person at http://www.pamelaroseauction.com or http://www.bethroseauction.com, or by calling 1‐877‐462‐7673 (Pamela Rose) or 1‐877‐696‐7653 (Beth Rose). Detailed brochures are available, along with information and disclosures posted online at the auction websites.
Contact: Pamela Rose via email at pam(at)pamelaroseauction.com or by phone at 1-877-462-7673.
Contact: Beth Rose via email at beth(at)bethroseauction.com or by phone at 1-877-696-7653.