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Premier Austin, Texas Condos to Sell at Absolute Auction July 11


News provided by

United Country Real Estate

Jun 25, 2010, 02:13 ET

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AUSTIN, Texas, June 25 /PRNewswire/ -- Buyers have the opportunity of a lifetime to purchase premier condominiums in the highly sought after 78704 Austin area at their price. United Country - Supreme Auctions will sell 37 condos at live auction on Sunday, July 11. Eighteen of the properties will be sold absolute to the highest bidder regardless of price, with no minimum and no reserve.

The auction features luxury condo properties located within two prime Austin condominium developments, perfect for students; the Ivy Condominiums at 3204 Manchaca and the Element Studios Condominiums at 2526 Durwood. Both properties are located on the Metro Bus route, in eclectic 78704 South Austin, just minutes from downtown, Zilker and Gillis parks, St. Edwards University and the University of Texas.

Bidders can choose from 18 condos, all of which will be offered absolute, at the Ivy Condominiums. In addition to luxury and convenience, the Ivy's community offers amenities including a private pool with deck and picnic and grill areas.

All 19 of the Element Studios properties will be offered with no minimum starting bids. Community amenities include cul-de-sac location and a hot tub with sun deck.

"We believe that the live auction event is one of the best ways to bring properties to the public. This format allows qualified buyers the opportunity to see a variety of available properties and determine their current fair market values through the bidding process. Because these properties must sell, buyers will be able to walk away owning beautiful condos, at their price. With 18 properties selling absolute, this auction presents a rare opportunity," said Maverick Commins, president and auctioneer with United Country - Supreme Auctions.  

The July 11 auction will be held at 2 p.m. at the Omni Austin Hotel Downtown located at 700 San Jacinto at 8th Street in Austin, Texas. Registration will begin at noon. In addition to on-site bidding, buyers also have the option of live internet bidding at www.proxibid.com/supremeauctions.

Property details, photos and terms and conditions can be found at www.Supreme-Auctions.com.

United Country - Supreme Auctions can be contacted at 866-929-2243 for additional information or property showings.

About United Country

United Country Real Estate is the largest fully integrated franchise network of real estate and auction professionals in the nation. Based in Kansas City, Mo., the company has been an innovator in real estate marketing since 1925. United Country supports nearly 675 offices across the U.S. and in Costa Rica with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing web sites (more than 750 separate sites), seven proprietary real estate catalogs with a cumulative distribution of 1.5 million, an extensive, current buyer database and national advertising of properties to more than 90 million potential buyer prospects a week. United Country has been recognized as a Top 25 Franchise by the Wall Street Journal and among Entrepreneur Magazine's Franchise 500®.

SOURCE United Country Real Estate

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