J.P. King Auction Company, the nation's leading real estate auction marketing firm, will sell an eight-unit, multi-family condo development in Albuquerque as part of a bank-ordered auction.
Albuquerque, NM (Vocus) November 5, 2009 -- J. P. King Auction Company, the nation’s leading real estate auction marketing firm, will manage the bank-ordered real estate auction of a multi-family asset in Albuquerque. The auction will take place at the Hyatt Regency Albuquerque in the Sage Ballroom on Saturday, November 14 at 6 p.m.
This asset is an eight-unit, multi-family condo development that has been remodeled with new flooring and appliances.
“This is an excellent income-producing opportunity,” said Craig King, president and CEO of J. P. King Auction Co. “Each condo is under a lease, so the development’s new owner has immediate means coming in.”
Properties are available for preview by appointment only through auction day on November 14. Individuals interested in information about the upcoming auction may visit the J. P. King Asset Division of the company’s Web site at www.jpking.com.
J. P. King Auction Co., based in Gadsden, Ala., is the nation’s leading real estate auction marketing firm specializing in high-value properties such as luxury homes, land, ranches, condominiums, commercial properties and developments. J. P. King has marketed upscale properties in 49 states and six countries with recent sales in Texas, Georgia, Florida and Tennessee. This sale is conducted through its asset division, which serves corporate clients, financial institutions and government entities in the disposition of strategic assets.
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