FOR IMMEDIATE RELEASE
Foreclosed Lender Orders Auction of partially built Custom Residence in High Forest Ranch Gated Community, Colorado Springs, Colorado.
Tranzon Asset Advisors, a national real estate auction firm, has been hired by a National Lender to auction foreclosed investment and commercial real estate across the USA. This auction event is creating incredible opportunities for buyers and brokers to capitalize on! One of the most interesting properties is located in the High Forest Ranch community on the northeast side of Colorado Springs.
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Nestled in the private, gated community of High Forest Ranch, just to the northeast of Colorado Springs, rests this potentially magnificent property just waiting for the right buyer to see the value in finalizing the residence and creating instant equity. Situated on 3.29+/- acres, surrounded by beautiful mature pines this can be your private sanctuary finished the way you want it. The two story floor-to-ceiling “window wall” is precisely on line of site toward Pike’s Peak; but don’t forget that literally every room has a view
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Some of the features of the home are 4/5 bedrooms, 6 ½ baths, 2 kitchens, 2 dining areas, office, gym, theater, indoor pool/spa area, recreation room with wet bar, 8 gas fireplaces, 2 garages and a deck or patio planned for nearly every room. The house is in approximately 70% finish condition with most drywall installed with primer coat and the wiring appears to be in place as well as plumbing, windows, doors, roof, septic and garage areas. Some cabinetry & fixtures are installed, most are still in their original boxes. The fireplaces are in-place and the engineered well and septic system primarily complete. Bidders are encouraged to bring a builder or have a working knowledge of construction, however children are not permitted on the property.
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This is an ideal home for the smart builder, remodeler, investor or homeowners who don’t want the hassle of full construction but would like to put their own tastes into the completion of the construction. “This property could be a tremendous money saver/maker” says Tim Mast, Project Manager. Local realtors are encouraged to contact Vicki Westapher with Re/Max Properties for inspection and information.
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As the national economy has cooled the need for serious sellers and institutions to clear up excess real estate inventory has lead to innovative marketing, spearheaded by Tranzon member companies across the USA. This property is a part of a massive nationwide marketing campaign that features 14 commercial and investment properties from New Jersey to Utah. “This First Quarter Multi-Seller Auction event is proving to be the most efficient method to sell great properties, while maintaining local and regional focus” said Ed Durnil, CEO of Tranzon Asset Advisors. “If you are a buyer, investor, business or owner/occupant it’s going to be hard not to take a look at these properties”, he added.
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Tranzon Asset Advisors, headquartered in Elizabethtown, KY, is a full-service real estate auction company and a member company of Tranzon, L.L.C., which is based in Richmond, Va. Founded in 2001, Tranzon L.L.C. has 14 independently owned and operated member auction companies that collectively have more than 25 offices coast-to-coast. The professionals working at Tranzon member companies specialize in providing real estate auction and accelerated marketing services to corporations, financial institutions, trustees, individuals and estates throughout the U.S. Tranzon member companies regularly conduct over 1,000 auctions and 2,500 property valuations per year, effecting in excess of three billion dollars in real estate per year
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For a complete list of auctions and sales or to learn more about Tranzon visit www.tranzon.com. Enter property number TAA-0816 for more information on this Auction.
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