Auction Systems Auctioneers & Appraisers, Inc., announces “Auction Systems Select,” the company’s real estate auction group, will host an absolute property auction on April 28, 2012 at 1:00 p.m. (CDT). Auction Systems Select specializes in real estate, commercial properties and unique assets with special sales considerations.
This upcoming absolute property auction involves a luxury property located on a private air park near Lake Geneva, Wisconsin in Lake Aire Estates. The residence is situated approximately 80 miles northwest of Chicago and 55 miles southwest of Milwaukee.
Known as the “Hamptons of the Midwest,” Lake Geneva offers beaches, specialty shops, galleries, golfing, boating, festivals, lake cruises and many restaurants. Rich in history, beauty and nature, Lake Geneva has been named one of the “Best Small Towns in America” on numerous lists over the last 50 years.
The residence to be auctioned was inspired by French Chateau architecture. At approximately 8,500 square feet, the property includes six bedrooms, six bathrooms, home theater, weight room, guest quarters with separate kitchen, an airplane hangar and a 2400’ x 75’ paved and lit runway.
“This absolute property auction is truly unique and would be a perfect residence for families wanting a luxury estate in a small city atmosphere.” said Deb Weidenhamer, CEO of Auction Systems. “In addition to numerous opulent features, this property also boasts a 1,800 square foot airplane hangar for easy aircraft storage.”
The absolute property auction will take place on April 28, 2012 at 1:00 p.m. (CDT). Live, on-site bidding will be held at N2205 Lynn Lane, Lake Geneva, WI 53147. The property will sell with no minimum and no reserve. Absentee bidding arrangements will be made, if necessary, for those unable to attend the auction event. This is a private auction for registered bidders only. Interested parties can pre-register up to 48 hours prior to the auction.
The property may be viewed on Saturday April 21 and Sunday April 22. Viewing times on both days will be from 12:00 p.m. to 4:00 p.m. (CDT).
The Broker of Record for this property auction is Mike Coke – WI #BR 936638-091, Terra Firma TFM Wisconsin Inc. To download a brochure, visit http://www.auctionsystemsselect.com/download-property-auction-brochures.html. For more information, call Teresa Klein at 800-801-8880 or 602-565-9034.
Seized property auctions can be a great bonanza for treasure hunters. You never know what you might find, and the items up for bid often include a few interesting surprises. These auctions involve property confiscated by government and law enforcement agencies after a raid or arrest. The inventory can include anything from firearms to collectibles—or perhaps a vehicle, motorcycle or aircraft!
