Home in Ohio State University Area to be Offered to the Public at Auction

Buyers have the opportunity of a lifetime to purchase home in a desirable Columbus, Ohio neighborhood, at auction prices. Gryphon Auction Group, in conjunction with Borror Properties, will offer this home for competitive bidding during a live event on Saturday, Nov. 10 at 11am.

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1177 Michigan Ave., Columbus Ohio

The highest bidder on auction day will acquire something nobody else in the neighborhood has at the best price the market will bear, defining true fair market value.

Columbus, OH (PRWEB) October 22, 2012

Buyers have the opportunity of a lifetime to purchase home in a desirable Columbus, Ohio neighborhood, at auction prices. Gryphon Auction Group, in conjunction with Borror Properties, will offer this home for competitive bidding during a live event on Saturday, Nov. 10 at 11am.

“The property presents a unique opportunity, in a desirable area, and has limited market comps; an absolute perfect auction opportunity. The highest bidder on auction day will acquire something nobody else in the neighborhood has at the best price the market will bear, defining true fair market value” said Richard Kruse, president of Gryphon USA, Ltd. and Gryphon Auction Group.

This historic home is located three blocks from the Ohio State University main campus in the popular Harrison West neighborhood, right around the corner from Battelle. It is one of the few properties in the area remaining virtually untouched for the last 50 years. The three-bedroom residence is a relative blank canvas, awaiting a new owner’s custom touch. It features hardwood floors, a walk-in closet, a large bathroom, an upgraded electric panel, a new roof and hot water tank, as well as a one-and-a-half-car garage.

The November 10 event will begin at 11 a.m. on-site at 1177 Michigan Avenue in Columbus, Ohio. The Gryphon/Borror team is planning a public open house on Thursday, Nov. 1 from 5:30 to 7 p.m. The property will also be open one hour prior to the auction.

Property details, photos and terms and conditions can be found at http://www.GryphonAuction.com. Gryphon USA can be contacted at 614-885-0020 or by email at info (at) gryphonusa (dot) com.

About Us

Gryphon USA, Ltd. is a multi-faceted asset management and liquidation firm focusing on the operations and dissolution of single assets through and including entire companies. Gryphon maintains a receivership and asset management group commercial auction practice art, antique and pottery auction group and real property management group. Real estate transactions are managed through Borror Properties Real Estate.

Melissa M. Kruse oversees the day to day operations of the parent company, Gryphon USA, Ltd. while Gryphon Asset Management operations are managed by Richard F. Kruse. Auction operations are directed by Peter Gehres and Borror Properties is managed by Lori Steiner.