MONTGOMERY, Ala., April 19, 2016 /PRNewswire/ -- During her years as one of Alabama's most prominent business leaders, June Collier Fletcher created an estate off Harness Hill Road that included a nationally known equestrian center, offices and living quarters, and acres of pastures and woods. And on May 11, that estate will sell at auction, with Granger, Thagard Auctions conducting the event.
"This is one of the city's best known private properties, and at 151 acres, it's also one of the last few remaining large parcels in the City of Montgomery. Depending on who buys the land, and what plans they have, this could have a major impact on the area along U.S. 231," said Jack Granger, president of the auction company.
The property will sell with no reserve in eight parcels, ranging in size from 6.4 acres with a house to 39 acres of woods and pasture. Most improvements, including modern offices, an equestrian center, living quarters and suites, are located on a 27-acre tract.
"We might have one bidder purchase the entire 151 acres, but it wouldn't surprise me if we had as many as eight buyers, because the parcels offer very different possibilities. The land could remain as a large private estate, or parcels could be used for grazing horses or cattle. With nice subdivisions adjacent the property along Vaughn and Bell Road, or U.S. 231, it's also likely to attract the attention of developers or builders who could meet the growing demand for new homes," said Granger.
The auction will begin at 1 p.m. Wednesday, May 11 at the property. Individuals seeking additional information may visit Gtauctions.com or call 205-326-0833.
Granger, Thagard Auctions, based in Birmingham, is a leading auctioneer of land, homes, recreational property and other assets throughout Alabama. More Auction PR.
For more information:
Carl Carter, 205-823-3273
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SOURCE Granger, Thagard Auctions