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LFC Group of Companies Launches Online Auction of More than 7,000 Acres of Land
Wednesday, July 23, 2008
NEWPORT BEACH, Calif., July 23 /PRNewswire/ -- The LFC Group of Companies,
the nation's premier online real estate auction marketing firm, is proud to
announce the launch of a new land auction on its commercial auction website,
http://www.LFC.com. Featuring land that once served as tree farms, a Portland,
Oregon-based timberland investment advisory firm selected LFC to auction some
of its "non-core" real estate assets in the southeastern United States.
The online auction features fourteen separate parcels, totaling more than
7,000 acres, located in Mississippi, Alabama and Florida. The parcels range
from a 43-acre tract with residential development potential, located 10 miles
north of Pontotoc, Miss. (a town made famous by Jesse James), to a 3,364-acre
parcel adjacent to a public-use airport in Cross City, Fla.
Each property offers a unique development opportunity, including an
80-acre parcel located within a few miles of the proposed Toyota plant in Blue
Springs, Miss., where the first U.S.-made Prius's will be manufactured.
Many of the properties are well-suited for recreational uses, such as
hunting; other properties offer potential timberland investment opportunities.
With minimum bids starting as low as $5,000, investors and interested buyers
should not pass up this incredible opportunity to purchase these vast expanses
of land.
"As one of the world's largest timberland investment managers, this client
is being proactive in choosing to sell their land through an online auction
over more conventional methods," said Bill Lange, president of the LFC Group
of Companies. "These properties will receive global exposure, allowing for
either a domestic or an international buyer to easily purchase the property
with just a click of a mouse."
The bid deadline is September 25, 2008, giving prospective buyers' ample
time to conduct their due diligence. To register to bid and to review
important property and auction information, including documents, disclosures,
images and maps, go to http://www.LFC.com/726R2.
LFC Group of Companies
For more than 30 years, the LFC Group of Companies have served numerous
Fortune 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 $5 billion. http://www.LFC.com (Commercial)
http://www.FRE.com (Residential)
Media Contact: Parimal M. Rohit
949.706.6135
prohit@lfc.com
SOURCE LFC Group of Companies
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