Bidders purchase $3.6 million in real estate in John Dixon & Associates auction in Puerto Rico

SAN JUAN, Puerto Rico, Sept. 15, 2016 /PRNewswire/ -- Atlanta-based John Dixon & Associates, which has been selling millions of dollars worth of real estate all over the United States, showed that there's a lot of demand for properties in Puerto Rico as well.

The company took on the challenge of selling dozens of properties for a United States-based equity fund. The auction drew 70 bidders, most of whom were from Puerto Rico, joined by bidders from 10 states and one bidder from Italy. Properties sold included homes, commercial buildings, retail buildings, condominiums and land for a total of $3.6 million in sales.

"It was a great crowd, with lots of enthusiastic bidding, and we'll be looking forward to our next opportunity to conduct an auction in Puerto Rico or elsewhere in the Caribbean," said John Dixon, president of the auction company.

The company will be back on the mainland for the October 4 auction of 22 bank-owned properties in Georgia, Florida and Tennessee. All properties in that event will sell absolute, with no minimum bid or reserve. Other upcoming events include a Nov. 10 bank auction in Philadelphia, including properties from Pennsylvania, New Jersey, Maryland and other Mid-Atlantic states.

Individuals seeking additional information may visit www.johndixon.com or call 800-479-1763.

John Dixon & Associates, based in Atlanta with offices in Florida, North Carolina and South Carolina, is one of the nation's largest auctioneers of real estate.

For more information:
Carl Carter, 205-823-3273

SOURCE John Dixon & Associates

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