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Worldwide Competitive Bidding

At Auction Markets, LLC, we specialize in creating competitive bidding for your real estate, personal property, intellectual property and financial instruments by applying our company founder's two decades of auction transaction experience and the extensive experience of our management team along with the latest auction strategies and technologies. Since he started in the auction business in 1992, Stephen Karbelk, CAI, AARE has sold hundreds of millions of dollars of assets throughout his long career in the auction industry. No matter what type of asset you have that needs to be sold, Auction Markets can bring your assets to the market.


FOR SALE

Thursday, January 29, 2015 at 11:00am

FORECLOSURE AUCTION - Two Adjoining Warehouse Condominium Units

Two adjoining warehouse condominium units (10 & 11) located in the Irongate Business Park. Built in 1988, this property has a combined 2,986+/- SF of improvements including two 14’ loading doors and on-site parking. These units are part of The Irongate Business Park, a PUD zoned land area. The monthly association fee is $70.00 and includes use of the dumpsters, water, grounds maintenance, snow removal and common area insurance. The property is well located in an established business park district. Please note that according to the association manager, automotive repair is not a permitted use.

Location of Auction and Property Address: 18 Irongate Drive, Units 10 & 11, Waldorf, MD 20602


FOR SALE

Friday, January 30, 2015 at 11:00am

IDEAL INVESTMENT PROPERTY - Bid to Buy 3-Bedroom, 1-Bathroom Home on a 4,200 SF Lot

Ideal Investment Property! Bid to buy this 3-bedroom, 1-bathroom, 1,056 SF residential home located on a 4,200 SF lot. For more info contact Elder Real Estate at 918-683-0301. (Absolute Auction)

Property Address and Auction Location: 1601 E. 7th Street South, Tulsa, OK 74120


FOR SALE

Friday, January 30 at 11:00am

INVESTMENT PROPERTY - Bid to buy single-family home with 600 SF detached parking garage in Tulsa, OK 74120. Absolute Auction - Property goes to the higher bidder!

Selling to the highest bidder! This excellent investment property is a 2-bedroom, 1-bath, 1,284 SF single-family home on an 8,064 SF lot. Features include a 600 SF detached parking garage. Absolute Auction bidding starts on January 30, 2015 at 11:00am at 1610 E. 7th Street South, Tulsa, OK 74120.

Property Address: 1610 E. 7th Street South, Tulsa, OK 74120 

Auction Location: 1601 E. 7th Street South, Tulsa, OK 74120


FOR SALE

February 3, 2015 at 9:30am

CHAPTER 7 BANKRUPTCY AUCTION

504,122 SHARES OF STOCK - BANKRUPTCY COURT AUCTION

FEBRUARY 3, 2015 @ 9:30AM - US BANKRUPTCY COURT, ALEXANDRIA, VA

504,122 shares of Common Stock for only $1,000!!!   This is an opportunity to buy 504,122 Common Stock Shares in biznews24.com, Inc. DBA Pinpoint Global Communications, a privately held company located in Nashua, New Hampshire.  This is an offering by a Chapter 7 Trustee in a US Bankruptcy Case and the sale is subject to the approval of the US Bankruptcy Court and subject to the terms and conditions of a Stock Restriction Agreement between the Debtor and the Company, which also shall be applicable to any third-party buyer after closing.  The sale is as-is, and neither the Trustee nor any agent of the Trustee makes any representation concerning the financial condition, future performance, or past performance of the Company.  The purchase price must be paid to the Trustee within one business day after entry of an Order by the Court approving the sale. Please read the Sales Motion in the Flyer or Catalog download section of the website for complete terms of sale.  

If you have an interest in learning more about this offering, please contact Auction Markets at info@auctionmarkets.com.  


FOR SALE

IDEAL INVESTMENT PROPERTY - Bid online to buy this excellent investment property including a 2-Story basement, 95+/- units and numerous amenities and improvements.

Currently used as an apartment building, this valuable property has many other potential business investment uses, such as: student housing; independent living; office suites; drug/alcohol treatment facility; etc. The property is located at 2101 Avenue Q in Lubbock, Texas and is situated along Avenue Q, just two blocks south of Texas State Highway 114, approximately one mile (nine blocks) from the edge of Texas Tech University (30,000+ student enrollment), and less than 2 miles from the Central Business District in Lubbock, Texas.

The property has a fully built out and equipped commercial kitchen and dining area as well as a beauty shop, exercise room and three very large common area rooms. The building is partially fire sprinklered and has a monitored fire alarm system and video surveillance system. There is a large outdoor courtyard and a secondary courtyard for receiving. The property has an attractive portico entrance, convenient angled parking at the side of the building, as well as partially gated parking at the rear of the building encircled by a partial cyclone fence.

It is a two-story, low-rise masonry/steel (CBS) building with basement (approximately 48,740 SF of GBA) situated on an approximate 1.27 acres (55,619 SF) site per the LCAD tax roll, which includes a large parking lot. The building was originally constructed in 1951 as the Plainsmen Hotel and has been refurbished/remodeled over the years to accommodate hospitality, assisted living, and independent retired living uses. The current owner has implemented many of the required improvements/alterations to complete a conversion of the property from its former hospitality and assisted/elderly living focus to a more dynamic student housing with commercial uses that can be rented out or operated in house. The building has a brand new roof in 2014 at a cost of approximately $230,000. The owner has commissioned a Fire Marshall and code review/survey with plans to install full remaining fire suppression and safety throughout the property (estimated cost of $45,000 for suppression system). The building is approximately 30% leased. A current Rent Roll, full 2014 Operating Statement (P&L) and Summary is available for review.


FOR SALE

2nd Lien DT - 88.14 Acres - Two (2) Parcels - With Farm Residence

Real Estate Note Sale

$800,000 2nd Mortgage - 2nd Lien DT - 88.14 Gross Acres - Two (2) Parcels - with Approximate 3,500 SF Residence in Northern Virginia

If you have an interest in learning more about this offering, please contact Clay Barnes at Clay@AuctionMarkets.com

Details will be provided upon execution of a Confidentiality and Non-Disclosure Agreement.

 


FOR SALE

REAL ESTATE OFFERING

Welcome home! This 1,816 SF, four bedroom, 3.5 bath home includes a large deck off the eat-in kitchen, one-car garage and just a few steps from the tennis courts and playground at McNair Farms. Master bedroom includes a walk-in closet, high ceilings and bathroom with a soaking tub, separate shower and double sinks. Located just minutes from retail centers, toll road and more.

Asking Price: $394,500

Property Location: 2519 Isham Randolph Drive, Herndon, VA 20171

 


FOR SALE

Thursday, February 26 at 12:00pm

INVESTMENT PROPERTY - Bid to Buy One or Two End Unit Town Homes 118 and 138 Pheasant Drive, Elkton, MD 21921 (Foreclosure Auction)

118 Pheasant Drive, Elkton, MD

Bid to buy a 3-bedroom, 1.5-bathroom end unit town home located in the Elkton Townhouses subdivision in Elkton, MD. According to a third party report, property features include storm windows and a fence. According to the Tax Records, the home was built in 1974, has 1,152 SF of above grade-enclosed area and is located on a 3,049 SF lot. This property is believed to be tenant occupied.

138 Pheasant Drive, Elkton, MD

Bid to buy a 3-bedroom, 1-bathroom end unit town home located in the Elkton Townhouses subdivision in Elkton, MD. According to a third party report, property features include storm windows, a shed and a fence. According to the Tax Records, the home was built in 1975, has 1,000 SF of above grade-enclosed area and is located on a 2,221 SF lot. This property is believed to be tenant occupied.

Property Addresses: 118 Pheasant Drive Elkton, MD 21921 and 138 Pheasant Drive, Elkton, MD 21921

Location of Auctions: Front Entrance of the Circuit Court for Cecil County, Maryland Courthouse, 129 East Main Street, Elkton, MD 21921

 


FOR SALE

Thursday, February 26 at 12:15pm

YOUR NEW RANCH HOME - Bid to Buy Desirable Single-Family Ranch Home On 2.14 Acres (Foreclosure Auction)

Have you always wanted to buy your own ranch home? Here is your chance! Desirable ranch-style single family home located on 2.14 acres with 3 bedrooms, 2 bathrooms and 1,846 SF of above grade living area. According to a third party report, additional features include a basement, two car garage, full covered front porch, a rear screened porch, a deck, a machine shed and insulated windows. According to the tax records, this home was built in 2001. Bidding starts on February 26, 2015 at 12:15pm at the Cecil County Courthouse in Elkton, MD.

Property Address: 52 Blue Jay St, Elkton, MD 21921

Location of Auction: Front Entrance of the Circuit Court for Cecil County, Maryland Courthouse, 129 East Main Street, Elkton, MD 21921

 


FOR SALE

REAL ESTATE OFFERING – John Delaplane Home

Rare opportunity to acquire the John Delaplane Home (c. 1852), the town founder’s namesake home. Added to the National Historic Registry, this home has not been on the market for over 40 years! Features include a 3,020+/- SF, 3 bed, 2.5 bath single family home with a separate garage and former “Ice Storage” building. Located in the Delaplane Historic District and the Crooked Run Valley Rural Historic District, this is one of the most important historic homes in the region. Take a step back in time when you enter this charming residence. The property exudes its history with the stone and brick walls, metal roof, grand entry, original hardwood floors, multiple fireplaces, original staircase railings, wood designs and wood beam kitchen with wood burning stove.

Asking price: $379,900 - REDUCED!

Property Location: 3322 Rokeby Road, Delaplane, VA

 


FOR SALE

NOTES & JUDGMENTS SALE - For US Bankruptcy Trustee

Auction Markets, LLC and NoteMarkets will be soliciting bids for a portfolio of Notes, Judgments, and Settlement Agreements on behalf of the Chapter 7 Trustee in the Eastern District of Virginia, Alexandria Division.  

Lot

Type

Approximate Balance

Security / Collateral

Notes

 1002

 2nd Lien Mortgage

$21,507 

 SFR – Christiansburg, VA

 Performing

 1003

 Judgment (Default)

$25,942 

 None

 

 1004

 Settlement Agreement

$400,000 

 Confession of Judgment

 Recourse to Residential RE in Northern VA

 1005.1

 Judgment (Default)

$3,151,660 

 None

 Affiliated company debtor

 1005.2

 Judgment (Default)

$314,313 

 None

 Affiliated company debtor

 1005.3

 Judgment (Default)

$457,604,673 

 None

 Affiliated company debtor

 1008

 Judgment (Deficiency)

$177,432 

 None

 Deficiency balance for 2 notes

 1009

 Note / Settlement Agreement

$11,000 

 Unsecured / Confession of Judgment

 Delinquent – debtor makes periodic payments

Please contact Clay Barnes at clay@auctionmarkets.com for details on how to make an offer.  In order to obtain the available loan documents, please click on the Confidentiality Agreement, sign and submit.  All sales are subject to US Bankruptcy Court approval.  


FOR SALE

136 Acre Waterfront Development Parcel Along Brunswick River

Lender Owned Development – Known as Liberty Harbor, this 136 acre, planned mixed-use development with 1,800+/- ft of frontage along the deep waters of the Brunswick River in Brunswick, Georgia, awaits a developer with the vision and resources to bring about the full potential this property has offer. Currently approved development plans include three 25-story multi-family buildings, 218 single family homes, 1800 web and dry stack marina slips and 300,000 sf of commercial development along a community river walk. Brunswick, GA is a short drive north from Jacksonville, FL, making it an ideal living, retirement and vacation destination. Nearby attractions and activities include Jekyll Island, St. Simons Island, Sea Island, offshore fishing and sailing. Tens of thousands of visitors vacation in this region.  

While a buyer initiates their plans for redeveloping this parcel, they can benefit from the current $217,000/year lease income from existing commercial and cell tower tenants currently in place on the inland-most portions of the parcel. A significant majority of the single family lots convey with this sale but some have been sold to third parties but are available for re-purchase.  The buyer of this development will have a controlling interest in the property owners association.  

An extensive data room is available for prospective buyers.  To gain access to the online data room about this property, please complete, sign and return the Liberty Harbor Confidentiality Agreement to Stephen Karbelk at stephen@auctionmarkets.com.   

Stephen Karbelk, Georgia Real Estate Broker, #346212

We are proud to be partnering and working with Blackbird Asset Services