Tuesday, September 16, 2008

Lake Logan Martin Home Sites, Development Land to Sell at Auction

(BUSINESS WIRE)--Ten home sites in the Rushing Springs subdivision on Lake Logan Martin will sell at absolute auction Thursday, Sept. 25. All of the home sites have water views and access to the lake through a community boat launch.

In an absolute auction, the property sells to the highest bidder with no minimum bid or reserve.

Also selling at absolute auction will be a waterfront 2.1± acre tract located within Rushing Springs and a 25± acre development property with frontage on Valley Road in Talladega.

“Because the Rushing Springs developer has chosen to reduce inventory in a sluggish market, this may be the best chance ever to purchase property at an attractive price on Lake Logan Martin,” said Warren Ward, president of Albert Burney Auction Company, which will manage the sale. “Those bidding on the 10 Rushing Springs properties may choose from 22 different lots, including one that is located directly on the water. These are ideal for builders or for individuals who plan to build homes on the lake,” said Ward.

The auction will be held at 6 p.m. at the Budget Inn, 65600 Alabama Highway 77 in Talladega.

Albert Burney representatives will be on site from 10 a.m. to 5 p.m. from Sept. 19 through the sale day on Sept. 25.

Individuals interested in additional information about the property and auction may contact Albert Burney Auction Company at 800.434.1654 or visit the company’s web site at www.albertburney.com.

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