Over 40 condos at Mercer Point hit the 'virtual' auction block. Located at Whitemarsh Island, Mercer Point is just a 10-minute drive from Savannah, Georgia, home of rich history, amazing architecture and southern hospitality. It is the perfect island getaway for investors looking for a summer vacation home on the Georgia coast or first-time homebuyers looking for a quaint community to settle down in.
Newport Beach, CA (PRWEB) September 12, 2007 -- Freedom Realty Exchange (FRE), a member of the LFC Group of Companies, an online real estate auction marketing company, has just announced the launch of a 36-day online auction campaign to sell over 40 condominium units at Mercer Point in Savannah, Georgia.
Just minutes from the heart of Savannah's Historic District, Mercer Point at Whitemarsh Island parallels the city's charm while offering a tranquil island setting. Located between Tybee Island, facing the Atlantic Ocean, and the Georgia coast, this desirable location offers a variety of outdoor activity as well as convenient shopping and dining. With its 6,500-sq-ft clubhouse, lighted tennis courts, fitness center, and a resort-style swimming pool with cabana, Mercer Point offers relaxation, entertainment and a prestigious lifestyle at an affordable price, making it the perfect place for a summer vacation home or to live year-round.
The available properties range from 1211 sq. ft. units with two beds and two baths to 1556 sq. ft. units with three beds and two baths. Minimum bids start at $86,000 for most units, but there are two furnished models with minimum bids starting at $1. Some units are vacant, which are perfect for first-time or relocating homebuyers, while the other occupied units are ideal for investors.
"Our clients are being proactive about finding a new, innovative way to sell their properties in such a difficult housing market," remarks William Lange, President of the LFC Group of Companies. "Unlike 'outcry' auctions, our bidders may visit the properties when convenient and then place their bids in the privacy of their home or office at any time and from anywhere in the world."
With a bid deadline of October 11, 2007, prospective buyers are encouraged to visit www.FRE.com/146R1 to review the auction portfolio of the available properties.
Freedom Realty Exchange - part of the LFC Group of Companies For over 30 years, the LFC Group of Companies have served numerous Fortunate 500 companies, real estate developers, investors, financial institutions and government agencies by auction-marketing thousands of commercial, industrial, land and residential properties with an aggregate value well in excess of $2 billion.
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