Max Spann Selling 40 Residences in Atlantic City's Only Luxury High Rise at Auction
15 Units to be Sold Absolute, Regardless of Price; No Minimum Bid
ATLANTIC CITY, N.J., May 27, 2015 /PRNewswire/ -- Buyers looking to get into a luxury high-rise condominium steps away from the beach and boardwalk in Atlantic City will have a once-in-a-lifetime opportunity when 40 units in the Bella are offered at absolute auction in June.
Max Spann Real Estate & Auction Co., the high-end auction house, has scheduled the auction for Sunday, June 28 at 11 a.m. at the Borgata Hotel & Casino. Property previews have been scheduled for noon to 2 p.m. on Saturday, June 6, Saturday, June 13, Sunday, June 14, Saturday, June 20 and Sunday, June 21.
"With evidence of strong recoveries in other real estate markets such as Philadelphia and Miami, now is the time for buyers to take this opportunity to get in Atlantic City on the bottom floor," said Bob Dann, executive vice president & chief operations officer for the firm.
"With the re-opening of the Revel, a new entertainment pier, and citywide plans to redevelop, now is the perfect time to become a part of the renaissance of Atlantic City," Dann said.
Located on 526 Pacific Avenue at the northern tip of Atlantic City, the Bella is the city's only luxury condominium complex, offering the finest amenities such as European kitchens and Italian cabinetry as well as a 24-hour concierge, a fitness facility, a tiki bar, cabanas, a heated glass-enclosed pool, a massage room and spa, and indoor and outdoor parking.
"This is an absolute auction, which means there is no minimum bid so bidders will be able to offer whatever they think the homes are worth," Dann said.
Most of the condominiums being offered are on the upper floors of the 26 story high-rise, offering sweeping vistas of the Atlantic Ocean and the Absecon Inlet.
Bella is a well-managed condominium with more than $500,000 of cash reserves for future repairs and replacement. Bella is also the only residential building at the shore offering the nationally renowned NFC Amenity Management, which provides concierge services and comprehensive fitness and spa offerings.
To take the next step, call 888-299-1438 for the property information package, to attend the auction and to bid. For more information about the auction of this property, visit maxspann.com, or follow Max Spann on Facebook/MaxSpann and Twitter/MaxSpann
Photo - http://photos.prnewswire.com/prnh/20150527/218897
SOURCE Max Spann Real Estate & Auction Co.
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