Online Auction To Be Led By Louis B. Fisher III, National Director Of SVN Auction Services, LLC, David E. Gilmore, CCIM, Director Of Marketing And Operations For SVN Auctions And Local SVN | Walt Arnold Commercial Brokerage. SVN Director said: “The first online auction will allow investors, developers and owner-operators of all levels to bid on and acquire vacant plots in the counties of Bernalillo, Sandoval and Valencia. This is the first phase of the resulting online auction process. of a bankruptcy settlement agreement. There are 138 +/- properties to bid on in the next online auction spread across these three counties. Some of them will be sold individually and some of them will be grouped into several lots.
The Archdiocese will auction zoned plots for residential, commercial and special zoning. This will be a great opportunity for real estate investors looking to add to their portfolio or developers looking to assemble properties in these specific counties. This is the first time that the Archdiocese has auctioned plots of land. Not only will this be an opportunity for New Mexico real estate investors, but it will also be a wonderful opportunity for these specific counties for future economic development and growth. The opening offer on these properties starts as low as $ 500 to $ 1,000. “If you want to own land in New Mexico at your own cost, this will be your best opportunity in 2021,” said David E. Gilmore.
There will also be a Phase II online auction for the remaining plots and properties in November. If you are a first-time real estate investor or real estate investor, you have the option to invest in real estate at the first online auction in September and then add to your portfolio in November. These land auctions present a rare opportunity, so be sure to register to bid online before the auction begins.
For more information on the properties and conditions of sale, go directly to the auction site www.ASFbankruptcyauction.com.
SVN Auction Services, LLC, is a franchisee of SVN International, the sixth largest and one of the fastest growing commercial real estate consulting firms in the industry, with more than 1,600 advisors and employees in 200 offices across the country. SVN Auction team members have over 100 years of experience in planning, orchestrating and conducting successful auction events in the United States and abroad.
Contact: Louis B. Fisher III, National Director of SVN Auction Services, LLC, 954-931-0592