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Article: Inland Real Estate Auctions, Inc. to Auction Luxury Model Homes and Home Sites in Michigan City, Ind.
- Article from:
- Business Wire
- Article date:
- June 15, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OAK BROOK, Ill. -- Inland Real Estate Auctions, Inc. announced today it will auction two luxury model homes and 15 home sites in Michigan City, Ind. The properties are part of The Woodlands, a rustic, resort-style community featuring large lots and 70 acres of natural surroundings with amenities like pools, tennis courts and a clubhouse. An existing model home and five home sites will be sold absolute, regardless of the final bid at the July 26 auction.
"The developer, Urban Street Properties LLC, is using the auction as a way to accelerate sales in this difficult market, which has impacted even very successful projects like The Woodlands," said Paul Rogers, ...