Mentone, Alabama… Successful Real Estate Auction
The 90+/- acres on Lookout Mountain, near the quaint mountain town of Mentone, Alabama, sold at auction on Saturday, October 29, 2016. The National Auction Group, Inc. of Gadsden, Alabama conducted the auction.
The property sold in three tracts with approximately 75 people in attendance. The owner of the property stated, “I am thrilled with the results, and it was a very festive occasion.”
After several rounds of bidding from seven bidders hailing from four different states, the estate sold for nearly $500,000; one parcel selling to a Fort Payne resident and two parcels selling to a Huntsville, Alabama resident. The buyers and seller were both happy with the results.
“At the end of the day, we had one happy seller and two happy buyers,” said William Bone, president of The National Auction Group, Inc. of Gadsden, Alabama. “This proves once again there is no need for property to sit on the market. There is a demand to sell at auction.”
The National Auction Group, Inc. has proven again the process is alive and well in this market and other market across the country. The company’s aggressive method of selling real estate via the auction process has no geographical limitations. The National Auction Group, Inc. is ‘America’s Trophy Property Auctioneers’ and can add this to the list of successful auctions in Alabama.
To request additional information about other upcoming auctions or interest in holding an auction, parties can call 800-473-2292 or visit our website at www.NationalAuctionGroup.com