Saturday, 28 January 2012

Sperry Van Ness Announces Lender Ordered Auction of 891 Acre Development Site Originally Valued in Excess of $100 Million

Lake Chelan, WA (PRWEB) August 09, 2011

The Lender on the property known as ?Daybreak at Lake Chelan? recently announced the project is going on the Auction Block in order to sell the foreclosed property as quickly as possible. The property has been valued as high as $ 100 million in the recent past, but now you can bid your own price for it. It is the premier location and site in the Lake Chelan Valley.


Zoned Tourist Accommodation, a vision for this property can include hotels, wineries, mixed-use residential, golf-resort and much more. Being just 3 hours and a favorite vacation spot for the Seattle metropolis, the demographics are just as attractive as the area. Lake Chelan is for the Pacific Northwest what Lake Tahoe is for Northern California.


Lake Chelan is one of the Pacific Northwest?s premier year-round destinations at 55 miles long, it is the third deepest lake in the United States with crystal clear water. The vast majority of its shoreline is owned by the USFS.


CEO of Sperry Van Ness Accelerated Marketing Louis B. Fisher, III, said ?I can?t recall a more spectacular assemblage of development land we have ever offered anywhere in my 32 year career.?


Complete due diligence information is available at: http://www.svnauctions.com. Written Bids are due August 31st. Property Tours are available by contacting local representative Al Lorenz of Criterion Properties at 509.630.6769. Real Estate Brokers can earn 1.5% of the bid price for registering the successful bidder.


Lake Chelan is a summer playground for water sports, hiking, bicycling and sporting events from triathlons, sailing, and bicycle racing to hang gliding. It is a paradise for the sportsman with hunting, skiing, fishing, mountain climbing, snowmobiling and wildlife.


Historically famous for its apples and fruit production, the area was recently recognized as its own American Viticulture Area (AVA) for its unique climate for production of wine grapes. The sixteen, and counting, wineries are driving additional growth and tourism to the area.


Lender financing is possible and pre-auction offers are welcome. The sale is subject to all terms of sale and is presented by Sperry Van Ness Accelerated Marketing Co., Inc. (http://www.svnauctions.com) in cooperation with Coast Sperry Van Ness, Tom Hoban Broker at 425.339.3639 or Tom(dot)Hoban(at)svn(dot)com.


Founded in 1987, Sperry Van Ness is one of the largest and fastest-growing commercial real estate brokerage firms in the industry, with more than 850 advisors in over 150 locations. The firm is built to immediately market every one of its clients? properties to the entire brokerage community. Sperry Van Ness delivers results for clients through a proven business model that provides advanced marketing and technology tools. Based in Irvine, California, the firm operates internationally and provides brokerage, consultation, asset management, property management, leasing, accelerated marketing, and auction services. Sperry Van Ness transactions total billions of dollars annually in office, multifamily, retail, industrial, self-storage, hospitality and land transactions.


SVN Auction Team is fully integrated with Sperry Van Ness International and the 850 member advisors. Collectively, the team boasts more than 100 years of experience in planning, orchestrating and conducting successful auctions and sealed bid sales throughout North America, Mexico, Puerto Rico, and the U.S. Virgin Islands.


All Sperry Van Ness Offices Independently owned and operated.


SVN ACCELERATED MARKETING CONTACT INFORMATION

Louis B. Fisher, III, CEO.

Phone: 954.931.0592

Email: FisherL(at)svn(dot)com


David Gilmore, COO

Phone: 504.468.6800 ext.202

Cell: 504.228.6606

Email: David(dot)Gilmore(at)svn(dot)com


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