Trustee Auction Results

Feb 10
SOLD TO THIRD-PARTY ABOVE RESERVE!

Mid-Atlantic Precast Concrete Plant

  •   Tuesday, February 7, 2017 (Start)
  •   Friday, February 10, 2017 (End)
SOLD: $2,255,000! King George, VA - 72,422± SF Industrial Building on 18.17± AC & Concrete Slab Equipment - Property sold for more than twice the reserve amount set by note holder - Equipment sold separately online, bringing in well over a half million dollars - To discuss how our team can assist you with your specific foreclosure needs, please contact Brandy Morris at (804) 655-2410 or at bmorris@fortistrustees.com
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Feb 10
SOLD: $269,175

Waterfront Home • LANCASTER CREEK, VA

  •   Tuesday, February 7, 2017 (Start)
  •   Friday, February 10, 2017 (End)
SOLD: $269,175! 245 Russell Lane, Lancaster, VA - Seven day online only auction sale - Open House conducted week prior to sale - To discuss how our team can assist you with your specific foreclosure needs, please contact Brandy Morris at (804) 655-2410 or at bmorris@fortistrustees.com
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Jan 27
SOLD: $2,926,000

Two Warehouses Approved for Apartment Rehab

  •   Tuesday, January 24, 2017 (Start)
  •   Friday, January 27, 2017 (End)
SOLD: $2,926,000! Richmond, VA - 67,900± SF & 59,250± SF Warehouses in Historic Scotts Addition - Over 130 interested buyers from across the nation despite property being a gutted warehouse needing millions in repair and improvements - To discuss how our team can assist you with your specific foreclosure needs, please contact Brandy Morris at (804) 655-2410 or at bmorris@fortistrustees.com
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Jan 16
SOLD: $2,140,000

Condominiums • FISHERVILLE, VA

  •   Monday, January 2, 2017 (Start)
  •   Monday, January 16, 2017 (End)
SOLD: $2,140,000! Fisherville, VA • 16 Townhomes - Sold all 16 Townhomes in one Auction - Auction held in ballroom with over 175 attendees - Purchased by local investor - To discuss how our team can assist you with your specific foreclosure needs, please contact Brandy Morris at (804) 655-2410 or at bmorris@fortistrustees.com
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Dec 13
SOLD: $390,500

Parrott's Creek • WATER VIEW, VA

  •   Tuesday, December 6, 2016 (Start)
  •   Tuesday, December 13, 2016 (End)
SOLD: $390,500! Middlesex Co., VA • Rappahannock River Waterfront Home - In addition to sell of this home, Fortis separately sold 11 Lots at this address - Television advertisement helped bring over 25 registered bidders to Auction sale
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Nov 16
SOLD: $990,000

324 Unit Self-Storage Facility • WVA

  •   Tuesday, November 15, 2016 (Start)
  •   Wednesday, November 16, 2016 (End)
SOLD: $990,000! Ranson, WV - 11 Warehouses containing 324 Unit Self-Storage Facility, Office & Warehouse on 5.9± AC - Over 45 registered bidders - Sold to Richmond, Virginia area Investor - To discuss how our team can assist you with your specific foreclosure needs, please contact Brandy Morris at (804) 655-2410 or at bmorris@fortistrustees.com
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Nov 16
SOLD: $442,500

Income-producing Commercial Building

  •   Tuesday, November 15, 2016 (Start)
  •   Wednesday, November 16, 2016 (End)
SOLD: $442,500! Basset, VA - Building leased at the time of the sale - Online advertising campaign attracted attention of out-of-state investment firm who acquired multiple properties - To discuss how our team can assist you with your specific foreclosure needs, please contact Brandy Morris at (804) 655-2410 or at bmorris@fortistrustees.com
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Nov 16
SOLD: $605,000

Commerical Condominiums • NC

  •   Tuesday, November 15, 2016 (Start)
  •   Wednesday, November 16, 2016 (End)
SOLD: $605,000! Powell Point, NC - Currituck Six Office Park on 3.39± AC - Property also included three commercial lots with potential development for another six units - Property sold at more than appraised value despite the difficulties selling commercial real estate in the area at time of sale and the need to sell six units together
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Nov 16
SOLD: $1,931,930

Resort Condos • BERMUDA BAY, NC

  •   Tuesday, November 15, 2016 (Start)
  •   Wednesday, November 16, 2016 (End)
SOLD: $1,931,930! Kill Devil Hills, NC • 14 Resort Condos - Sold All 14 Condos at one Auction sale - Sold at approximately $700,000 over reserve price - Fortis had Rental Management companies in place for buyers interested in using those services
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Oct 13
SOLD: $55,000

5266 Mary Ball Rd., Lancaster, VA

  •   Thursday, October 13, 2016 (Start)
  •   Thursday, October 13, 2016 (End)
SOLD: $55,000 - 2,112 +/- SF Commercial Building - 0.22 +/- AC - 2 Parcels - Kitchen area, Offices, Front Showroom - Difficult Commercial property to sell due to its rural location - Buyer alerted to sale through the e-mail advertisement, which was sent to over 15,000 potential purchasers from Fortis' large subscriber database - Motleys engaged a local cleaning service to get the property in broom clean condition prior to sale
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