Kansas City, MO (PRWEB) May 14, 2014
Qualified buyers will have the opportunity to purchase investment land in Tioga and Bradford counties, Penn., at a live auction to be held on Thursday June 12. The event will feature three separate properties totaling roughly 71 acres, a home and oil, gas and mineral rights.
The live auction event will be conducted by United Country – Jelliff Auction Group of Tioga, Penn., and will take place at Microtel Inn & Suites located at 90 Dorsett Heights in Mansfield, Penn. Registration for the event will begin at 10 a.m., and a geologic presentation for each property will begin at 11 a.m. EDT with the auction commencing immediately after.
“Buyers will have a unique opportunity to purchase one or all three of these beautiful Pennsylvania properties with valuable mineral rights at this specially held auction,” said Randy Jelliff, auctioneer with United Country – Jelliff Auction Group.
Lot #1 is located in Tioga, Penn., and features approximately 14.22 acres, a small horse/beef barn, fenced pasture and two-bedroom, two-bath post and beam home in a country mountain setting on a township road. The property is unitized into the SWEPI Butler production unit. It is not producing yet. OGM’s convey subject to existing Shell lease.
Lot #2 rests in Richmond Township, Penn., and consists of roughly 12.54 commercially zoned acres near Rte. 6/Rte. 15 (I-99) interchange in the Marcellus shale gas play area with great highway exposure. It has municipal water and is currently generating income from two mobile homes. OGM’s convey subject to remainder of existing Shell lease.
Lot #3 – in Canton, Penn. – is about 45 acres and has an abandoned farm house and frontage on both sides of Seeley farm Road. It too is located in good gas production area and is selling subject to remainder of Fortuna (Talisman) lease.
“These properties lie in some solid, proven, gas production areas,” Jelliff said. “An investor should not pass on this opportunity to add lucrative real estate and mineral holdings to their portfolio.”
More information on the auction is available online at MarcellusAuctionsPA.com or by calling 570-835-4214.
About United Country
United Country Real Estate is the largest fully integrated network of conventional and auction real estate professionals in the United States and Latin America and supports over 500 offices across the U.S. United Country is able to support sellers with comprehensive marketing programs which include one of the largest portfolios of property marketing websites (more than 3,500 separate sites and traffic of approximately 3 million visitors per month), multiple United Country real estate catalogs and third-party lifestyle magazines with national distribution, an extensive buyer database of 500,000 and other national advertising of local properties that reaches more than 90 million homes per week. United Country has recently been recognized by Franchise Business Review, AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.