Real Estate Journal — May 24 - June 13, 2019 — 3A
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M id A tlantic
M id A tlantic R eal E state J ournal 2 multifamilies in Berlin Borough & Salisbury Borough, PA USDA selects Warner Real Estate & Auction Co. to sell apts. through online auction B ERLIN BOROUGH & SALISBURY, PA — Warner Realtors &
Auction Co. h a s f o u n d s u c c e s s i n the past with selling U.S. Department o f Agr i cul - ture (USDA) f o r e c l o s e d p r o p e r t i e s
100 Berlin Manor
Rich Warner
throughout NJ using online only auctions. They have now been selected by the U.S. Department of Agriculture (USDA) to conduct an online only auction event for two multi-family properties in PA. The auction consists of a 34- unit senior apartment building in Berlin Borough and a 32- unit senior apartment building in Salisbury Borough. Warner Real Estate & Auction Co. will be selling both multi-family senior apartment buildings through an online auction, with starting bids of $100,000, beginning at 8:00am (EDT) on 05/30/2019 and ending at 10:15am (EDT) on 06/05/2019. Photos, property details and terms of sale can be found on the auction website Warner- Realtors.com. • Online Only Auction: 34- Unit Senior Apartment Build- ing at 100 Berlin Manor, Ber- lin Borough. • Online Only Auction: 32- Unit Senior Apartment Build- ing at 70 Grant St, Salisbury. According to Rich Warner , president and founder of War- ner Real Estate and Auction Co., “This is a golden oppor- tunity for buyers to purchase USDA foreclosed multi-family properties at auction and bid their price. Both properties are currently rent-restricted and subsidized senior apartments. However, the properties will be sold ‘out of program’ so there is an incredible opportu- nity to create value with mar- ket rents. Best of all, the entire auction process will take place online, so it couldn’t be more convenient for buyers.” Closing will be on or before 30 days from the conclusion of the online auction, at 10:15am (EDT) on 06/05/2019. Proper- ties are being sold in “AS IS” condition with no contingen- cies. The property inspections are Wednesday, May 29th from 12 noon to 1:00pm. De- tailed property information packages, property descrip- tions, video tours, are avail- able online at WarnerRealtors. com.
Salisbury Manor
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