National Commercial Auctioneers to Conduct Absolute Commercial and Residential Real Estate Auction of Former Nursing Home, Administrator Residence

CUSHING, Okla., Nov. 10, 2011 /PRNewswire/ -- National Commercial Auctioneers (www.natcomauctions.com) announces the absolute auction of a former nursing home and administrator residence in Cushing, Okla., on November 29, 2011, at 11am CST, according to Ken Mason, auctioneer and project manager.

"This is an absolute auction," explained Mason. "That means that these properties will sell to the highest bidder on auction day, regardless of price. This is a tremendous opportunity to purchase an operating residential care facility as well as a single family home for a possible income property."

Up for bid is a 63-bed facility formerly known as The Rest Haven Nursing Home.  The seller will assist with State approval for the transfer of ownership for the Certificate of Need and Licensing.

This property has 13,571 sq. ft. including an activity room, patios, covered screened-in porches, laundry room, dining area, nurses' stations and 20 parking spaces.

"We are also selling the former administrator's residence at absolute auction to the highest bidder," said Mason. "This home would make an excellent investment property or first-time home purchase."

The home is 1,050 sq. ft. with two bedrooms and two bathrooms, a two-car carport, patio and a wheelchair ramp.

Both properties are located within one block of downtown Cushing, Okla., and one block west of City Hall.

Property inspections are scheduled for November 14, 21 and 29, at 10am. Broker participation is offered and encouraged. For more details on how to receive the property information package, visit www.natcomauctions.com or call (877) 895-7077.

SOURCE National Commercial Auctioneers