Builder and Developer Land Auction Event
LAKE OZARK, Mo. (PRWEB) May 01, 2018 -- An excellent land investment opportunity is available in Lake of the Ozarks. Builders and Developers can name their own price for prime highway commercial development ground, 91 “Osage National” residential lots, plus 10.5 acres for Villa-style homesites. Cates Auction and Real Estate Company announces that the properties will sell to the highest bidders at or above the low published reserves when the online bidding closes on May 16th. Pre-auction offers are available on all tracts, and two have already sold before the auction.
“The Seller has set very low published reserves; one tract is even selling regardless of price!” says Ray Bucklew, Listing Agent for Cates Auction Real Estate Company.
Bidders will be able to purchase one or more groups of the 91 residential lots, which are grouped geographically (Property A). Gorgeous homes, including some new and current construction can be seen throughout the well-known Osage National development. The available lots feature modern utilities and include some of the best golf course sites and private settings in the resort.
Additionally, a 10.5 acre single tract (Property B) is master-planned for approximately 22 additional villa-style homes. Located adjacent to the clubhouse in the northern part of Osage National Golf Resort, it’s part of the “Eagle View Villas” community. The new owner will have the opportunity to determine how to best continue development. Last listed for $975,000, the property will sell the highest online bidder over the seller’s reserve of $230,000.
The last offering (Property C) is 36 acres of prime development land along Highway 54, perfect for mixed-use commercial. The land adjacent to Osage National is bordered on the west by 3,800 feet of highway frontage and on the south by 650 feet of shoreline on the Osage River. Due to its location and size, the site would be ideal for a mixed-use development consisting of retail, office, entertainment, residential, restaurant, and/or hotel uses.
Buyers do not have to be present on-site at this auction, as it will be conducted entirely online until 2:00 PM CDT on May 16, 2018. This unique auction experience allows potential owners the convenience of bidding without needing to make travel arrangements. More information regarding the property, photos, and complete terms of the sale is available at: http://www.catesauction.com/osagenational/
About Cates Auction Real Estate Company
Cates Auction Real Estate Company has been setting the standard for professional real estate auctions since 1942. Our expertise is selling real estate at auction. We use accelerated auction marketing methods to compress the selling cycle and we use competitive bidding to generate market value. Our full-time professional staff includes licensed brokers, agents, and auctioneers. We offer customized award-winning marketing campaigns in combination with a full complement of auction methodologies to ensure the very best results for every client. # # #
If you would like more information about this auction, please contact Ray Bucklew at (816) 695-2163 or email [email protected]
Ray Bucklew, Cates Auction Real Estate Company, http://www.maascompanies.com/18050_39407-commercial-building/, +1 8005105465, [email protected]
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