Alabama (Jacksonville) 3 Commercial Buildings Selling as Entirety
We had a very successful online auction event for this commercial building yielding 8 registered bidders from 4 states. Our Seller was very pleased with the outcome as it had been on the market for several years. Our marketing program produced a cash, contingency-free offer, and a buyer out of Florida.
Doublehead Waterfront Lodge on Wilson Lake
This Wilson Lake lodge property generated tremendous bidding activity which equaled tremendous results! The prime waterfront parcel price exceeded the seller's targeted minimum by a large margin, 136%. The seller managed his marketing efforts and timing by utilizing the auction method. Never underestimate the power of the gavel.
Buckhead / Atlanta GA – The reach of Target’s marketing program with the power of a date-certain event sold another luxury home, this one for $2.75 million. The eventual purchaser heard about the property as they were leaving the country for 2 weeks. After returning from the trip, they got busy touring the home and doing their due diligence. Ultimately, obtaining the property at the auction. All in just a matter of days. The buyer was one of approximately 60 that toured the property in advance. This will be their primary residence and were most pleased with the purchase. The seller is very satisfied with the outcome, as well, stating, “You did a great job and I’ll recommend you to others! We are so glad to have the property sold and behind us. Not only because of the cost of maintenance, but also the burden and stress created with keeping it up being an absentee owner.” Target was pleased to work with the listing company who is one of the leading luxury brokers in Buckhead. “You guys are very pleasant and professional”. - Glennis Beacham, Beacham & Company, Realtors. Also, the purchasers were represented by an agent from Harry Norman, Realtors who said, “There have been a few auctions in Buckhead but none like Target Auction does, you out-performed them all”.
Orange Beach Waterfront Estate
Orange Beach, AL - This beautiful bayside estate is a prime example of the results Target Auction achieves for its clients and a price of $3.2 million met the seller's goals. Over 60 potential bidders representing 14 states toured the property.
Evergreen Multi-Property Commercial Event
Another very successful commercial real estate sale! 100% SELL-OUT with fourteen properties sold for cash with bidders competing from several states, all closed within 30 days and several much quicker. The activity generated came from as far as CA to VA up to IN. This was a win-win for our seller as well as the buyers, everyone was satisfied. The ability to sale this many properties at one time in a difficult market place was very exciting to our client. “I’m glad I made the decision to use Target, this is my second sale with them this year and I am pleased” states our seller, “I will use them again.”
Luxury Lakefront Estate
Birmingham/Southlake, AL – This luxury home sold and closed for $1.43 million with a very satisfied client. Target’s marketing campaign proves to be successful again, we had over 80 groups tour the home in advance of sale day including high profile business people and a professional football player. Prospective buyers came from 4 states including AL. The weekend prior to the auction 2 desirable offers came in and seller gladly accepted the highest. The price was 44% above the seller's reserve. The purchaser was pleased, as well. After a long search with no results, they found their dream home . When the auction showcased the home, they knew this was it and they acted. It was the right home for their family.
Corporate-Owned Commercial Properties
This was a Corporate Owned Multi Property Event with assets throughout 10 states. The sale consisted of improved and unimproved commercial properties and our marketing campaign generated buyers from across the country. We sold numerous properties while offering them thru online and live auction events.
Oneida, TN - What a successful event, with 300 registered bidders in attendance and another 200 bidders online!! We sold 47 tracts to 19 different buyers for $3.4 million and had a very pleased seller.
Richey Farm - Premier Home on 108+/- Acres
Sold and closed in 8 days! We have a delighted seller that has already recommended us to friends. They used standard efforts trying to sell for years before turning to Target to get results. The purchaser is most satisfied as well, they are very pleased with the purchase and stated that we made the buying experience smooth and easy.
Attalla Retail Center
Sold and closed in less than 30 days. This retail site generated tremendous activity with responses nationwide even with the property being vacant. We had 16 registered bidders competing for ownership from as far away as Washington D.C. The purchaser was in-state, however; not local to the area. The seller was thrilled with the results! The price exceeding expectations, even bringing more than a recent price quote to a prospective buyer. The sale was a cash transaction and purchaser executed a contingency free contract.
Premier Luxury Mediterranean Home
Hoover, AL - This luxurious home sold for over $800,000 with 16 registered bidders competing for ownership. The seller was very pleased with the overall process and the results generated. The home had been on the market an extensive time through conventional methods with little activity, we had 73 groups tour the home in the 3 weeks prior to the auction event.
Wagon Box Inn - Story, WY
Wagon Box Inn – Story, WY, We had nationwide responses from our marketing efforts on this property which had been on and off the market for approximately 5 years without any takers. Our seller was ready to take control of the sales process and be pro-active in their efforts. They are very pleased with the results and are now ready to enjoy retirement.
Premier Luxury Waterfront Estate
Hixson, TN - What a spectacular home drawing interest from 6 states and 2 countries! We had over 36 tours and our Seller was very pleased with the outcome garnering a sales price of $880,000.
Alabaster Commercial Property
Our commercial property sales have been very successful again this year as it has been with all real estate types. Commercial property client Dan L. Moultrie, entrepreneur (founder of Moultrie Products) and outdoor celebrity stated “you were able to get the price we wanted….. it sold and closed in 90 days”. We had 14 bidders competing for ownership of this property.
Lakefront European Masterpiece
Luxury home in Shelby County sold for $2.125 million. With only 8 lookers prior to our involvement, Target had 70 groups tour during our preview period. this is a testament to the power of a date-certain event: auction day! The sellers are very pleased with all aspects of the Target Auction Company process, especially the price, which exceeded their expectations.