Atlantic Asset Management Group to Auction 9 Residential Waterfront Lots on Elizabeth River

Jun 10, 2010, 15:05 ET from Atlantic Asset Management Group, Inc.

NORFOLK, Va., June 10 /PRNewswire/ -- Atlantic Asset Management Group, Inc., (www.atlanticremarketing.com) announces the auction of nine residential waterfront lots on the Elizabeth River on Thursday, June 17, at 6pm, according to William J. Summs, auctioneer.

"This is Norfolk's last waterfront subdivision, and it's only five minutes from downtown," explained Summs. "We have a total of nine empty lots ready to build, seven on the waterfront and two in a prime location, in addition to another property already improved with a 3,500 square-foot home. One lot will sell absolute to the highest bidder."

The properties are located the very southeastern part of Norfolk in the Sunset Pointe neighborhood on the South side of the Elizabeth River.

Owner financing is available at three percent to qualified individuals and developers. Up to a three percent commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the broker participation guidelines. Broker registration forms are available from the auction information office. Forms must be completed and returned no later than 48 hours prior to the auction.

The auction is open to the public and will take place at 3900 Bonney Road, Suite 111, in Virginia Beach. Bidders who cannot attend the auction in person may bid over the phone. Bidders must register prior to bidding. For more information, visit www.atlanticremarketing.com. Private tours may be scheduled by calling Atlantic Asset Management Group, Inc. toll-free at 866-908-3668 or 757-461-6867.

Headquartered in Virginia Beach, Atlantic Asset Management Group, is a full service asset management company, successfully facilitating an accelerated sale of real estate.

SOURCE Atlantic Asset Management Group, Inc.



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http://www.atlanticremarketing.com