TULSA, Okla., April 26, 2012 (GLOBE NEWSWIRE) -- National Residential Auctioneers (www.natresauctions.com) announces the absolute auction of a 3BR/2BA home in Chelsea, OK, and an owner ordered auction of a retreat property with seven buildings in Mannford, OK, on May 11 and 12, 2012, according to Stephen Karbelk, CAI, AARE, CEO and founder.
"We are excited to offer two excellent properties up for bid," said Karbelk. "We have a nice home in rural Mayes County that will sell to the highest bid at absolute auction. We also have a great investment property with income potential thru cabin rentals."
The first property is located at 7542 N 4260 Rd in Chelsea, Okla. This is a contemporary 1.5 story home with approximately 2,371 square feet on 2.5 acres, surrounded by mature trees in a secluded setting. This property will sell to the highest bid regardless of price.
Located at 8378 Hwy 48, the second property is approximately 2,152 square feet on 18.67 acres in Mannford, Okla, improved with a residence, adjoining building, five cabins, a rec room and gazebo surrounding a 1.5 acre reservoir known as Serenity Lake.
"This property has many potential uses as its zoned rural commercial," said Karbelk. "It would make a great hunting or corporate retreat, family compound or could be developed as a camp, therapeutic center or bed and breakfast."
The main structure on this property is a residence built in 1990 with approximately 2,152 square feet. The home is in good condition with wood floors, vinyl exterior, three bedrooms, three full baths and two half baths, a living area, kitchen, utility room and attached supporting kitchen area.
The second structure was designed as a mother-in-law suite, but might also serve as additional sleeping quarters with two bedrooms, two full baths, a living area and a large dining area. Under this structure is a 960 square foot garage with two open sides which serves as storage and a shop area for the entire compound.
The property was improved in 2008 with five cabins ranging in size from approximately 320 to 928 square feet with cedar siding exteriors, concrete block foundations and composition roofs.
Broker participation is encouraged. Property may be inspected during scheduled previews or by appointment. The auctions will be conducted on site. For more details on how to receive the property information packages and complete terms, visit www.natresauctions.com or call (877) 895-7077.
National Residential Auctioneers provides customized auction services to sellers of quality residential real estate, offering solutions designed for each individual property by a team of real estate auction professionals with decades of experience and a proven history of successfully selling real estate.