ATLANTIC CITY, N.J., April 19, 2016 /PRNewswire/ -- Buyers looking to get into a luxury high-rise condominium steps away from the beach and boardwalk in Atlantic City will have one last opportunity when 24 units in the Bella go on the auction block.
Twelve of the condominiums will be sold absolute, regardless of bid price. The auction includes a two-story townhouse, two spectacular penthouses and eight units that come fully furnished.
Max Spann Real Estate & Auction Co., the high-end auction house, has scheduled the auction for Sunday, May 1, 2016 at 11 a.m. at Harrah's Resort Atlantic City, 777 Harrah's Blvd. Property previews have been scheduled for noon to 2 p.m. on Saturday, April 23, 2016 and Sunday, April 24, 2016.
"The Bella offers the best amenities in South Jersey and is a block from the famed Atlantic City boardwalk and beach," said Bob Dann, executive vice president & chief operations officer for the firm. "With the neighboring Revel scheduled to re-open in June, now is actually the perfect time to invest in Atlantic City."
Located on 526 Pacific Avenue at the northern tip of Atlantic City, the Bella is the city's only luxury condominium complex, offering amenities such as European kitchens and Italian cabinetry, a fitness facility, a tiki bar, cabanas, a heated glass-enclosed pool, a massage room and spa, and indoor and outdoor parking.
"This is an absolute auction, which means there is no minimum bid so bidders will be able to offer whatever they think the homes are worth," Dann said. "We now have financing for all qualified buyers and all units have full Certificates of Occupancy and are ready to move right in."
The 26-story high-rise offers sweeping vistas of the Atlantic Ocean and the Absecon Inlet during the day and views of the city skyline at night.
Bella is a well-managed condominium with more than $500,000 of cash reserves for future repairs and replacement, a 10-year record of not raising condo fees, and has never had a special assessment.
Bella is the only residential building at the Jersey Shore offering NFC Amenity Management, which provides 24-hour concierge services as well as comprehensive fitness and spa offerings.
To take the next step, call 888-299-1438 for the property information package, to attend the auction and to bid. For more information about the auction of this magnificent property, visit maxspann.com.
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SOURCE Max Spann Real Estate & Auction Co.