Rowell Auctions, Inc. to Auction 36 Luxury Condos in Raleigh, N.C. on November 15

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In the beauty of scenic midtown Raleigh, 36 condominiums in “The Residences at Meadow Wood Park” will be on the real estate auction block at 1 p.m. on Sunday, November 15. With minimum bids starting at $75,000, an exceptional price for a premium home in the middle of it all – minutes from downtown and North Hills.

Meadow Wood Park Condominiums

Over the years, we’ve had the opportunity to auction some amazing properties around the region

Rowell Auctions, Inc. of Moultrie, Ga. has scheduled the real estate auction at Marriott Crabtree Valley, 4500 Marriott Drive in Raleigh. On the block will be 36 condominium units in the newly constructed Meadow Wood Park, at 2814 Atlantic Ave. in Raleigh. Units range from 1,098 square feet to 1,344 square feet.

Bidders choose from a selection of one- and two-bedroom floor plans, with such amenities as elevators, elegant hardwood flooring and ceramic tile, brushed nickel hardware, covered porches and patios and private garages.

The community features a luxurious clubhouse with a kitchen and community gathering area, lush landscaping, decorative fountains and greenways, an exercise room and a private pool.

“Over the years, we’ve had the opportunity to auction some amazing properties around the region,” said Thomas W. Rowell, President and CEO of Rowell Auctions, Inc., an established real estate auction firm, and the event's auctioneer. “But it has been rare to find such high-end midtown homes with bids starting at such an affordable level. If you ever dreamed of owning a piece of a prestigious property just minutes from downtown Raleigh, I strongly urge you to preview the property.”

Rowell said preview dates are scheduled from noon-2 p.m. on: Sunday, October 18, Sunday, October 25, Sunday, November 1, Saturday, November 7 and Sunday, November 8.

Rowell said Meadow Wood Park was conceived and approved for construction at a time when the real market was much stronger. The economic downturn has created unique opportunity, as luxury midtown condos are now being auctioned at prices that are affordable to a larger group of prospective buyers.

“With historically low interest rates, the $8,000 Government Tax Credit and auction prices, now is the perfect time for buyers to capitalize on this open window of opportunity,” Rowell said. “Meadow Wood Park is one of those opportunities that can’t be ignored – especially for people who have yearned to own a luxury condo in a metropolitan setting.”

Call 877-268-5545 for the property information package and pre-registration form. Preview the property at one of the open houses, attend the auction and bid. Online bidding will also be made available at http://www.raleighcondoauction.com.

Rowell Auctions, Inc., is a real estate Auction firm auctioning bank owned foreclosed homes, farms, land, and commercial property. Established in 1936, Rowell has provided clients with the most comprehensive Auction marketing services for more than 72 years.

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Tommy W. Rowell

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