Court Ordered Absolute Auction of 10.6± Acres in Atlanta, GA (Fulton County)

Property #107 SELLS REGARDLESS OF PRICE
Bid Deadline is Wednesday, December 8th at 11:30 AM
6715 Old National Highway, Atlanta (Fulton County), GA 30349
10.6+- ACRES ZONED R-4
Approved for 28 single family units with 600'+ frontage on Old National Hwy. Potential Commercial; adjacent property recently rezoned to O-I. Less than 1 mile south of the new Walmart Super Center; all utilities including sewer are available at site. Adjoining 8 acre parcel on Creel Road may lend itself to assemblage. Last asking price $375,000.
Property Inspection: Inspect anytime.
Directions: From I-285, take exit 62 south on Old National, go 3.4 miles, property on right on south side of Creel Road.
Terms:  10% earnest money in cashiers check or wire transfer payable to Auction Management Corporation Escrow Account, sign as-is contract, close by December 27, 2010.
Closing Attorney: Jennifer Duncan, Troutman Sanders, LP.