Rawlings Auction, Appraisal & Realty to Conduct Public Real Estate Auction of Residential Building Lots in Deep Creek Lake Area
MCHENRY, Md., July 8, 2011 /PRNewswire/ -- Rawlings Auction, Appraisal & Realty, LLC [www.rawlingsauctionservice.com] announces a public real estate auction of six residential building lots in McHenry, Md., in the Red Oaks Development directly off of Sang Run Road, according to Steve Rawlings, auctioneer.
"This is one of the most popular resort areas on the East coast at the base of WISP ski resort and minutes from Deep Creek Lake," said Rawlings. "It's not often you get the opportunity to buy land like this at auction prices. These lots are perked and ready to build with utilities available at the curb."
The lots range in size from 1.04 acres to 1.34 acres and are located in the Red Oaks development which already has existing homes.
"These lots were selling previously for no less than $137,000 to over $200,000 each," explained Rawlings. "The bank is now willing to accept a ridiculously low amount for these prime building lots, which makes it a great time for investors to add these properties to their portfolios, or a developer to snap them up."
The properties are right off Route 219, two hours Southeast of Pittsburgh, three hours Northwest of Washington, DC, one hour East of Morgantown, WV, with easy access to fresh-water fishing, hunting, golfing, swimming, hiking, skiing, camping and other outdoor activities.
"This auction will be conducted both online and on-site," explained Rawlings. "Bidders will be able to prebid online from July 9 thru July 22, then the highest bid received online per lot will be the opening bid for the live, on-site auction on July 23 at 12pm." Bidders do not have to participate in the online prebidding to bid in the live auction. Each lot is offered separately.
For more information on the property or how to register to bid for the online prebidding or the live auction, visit www.rawlingsauctionservice.com or call (301) 473-5796.
Rawlings Auction, Appraisal & Realty, LLC, is a full-service firm licensed in Maryland, Virginia, Pennsylvania and West Virginia.
SOURCE Rawlings Auction, Appraisal & Realty, LLC
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