100+/- Acres Next To Walmart To Be Auctioned On October 25th

Online, October 8, 2010 (Newswire.com) - MARSHALL & ASSOCIATES
Contact:
John Marshall
Marshall & Associates
(770) 436-2643
jmarsh4653@aol.com September 28, 2010

RIVER TRACE GOLF COURSE TO
BE SOLD AT AUCTION ON OCTOBER 25TH

GADSDEN, AL - A Coosa riverfront development property which includes the River Trace Golf Course, will be sold to the highest bidder at an auction on Monday, October 25th. This very special property, which encompasses approximately 103 +/- total acres, will be sold in a court-approved auction by The National Auction Group of Gadsden, an elite team of highly trained specialists in the marketing of unique properties. The property will be offered in tracts or as a whole.
Situated along Meighan Boulevard (U.S. Highways 278 and 431), the highly visible property has unlimited development potential. On one side is a Walmart Supercenter, on the other is the Goodyear Tire and Rubber Company. With beautiful river views and a very high traffic count, the property has endless potential for any number of commercial ventures including its current use as a golf course. The auction includes the golf course as well as the spacious clubhouse. Very close by are a wide variety of restaurants and just minutes away are historic downtown Gadsden and both of the city's hospitals. The course, which plays to a par of 71, opened in 1938.
"Given the size of this property and its ideal location, the potential for development is absolutely unlimited," said William Bone, president of the National Auction Group. "It is very rare for bidders to be able to name their price on a location such as this."
The property is open daily for inspection from 10:00 a.m. to 6:00 p.m. To schedule a viewing, call 800-445-6597 or 256-547-3434. Bidders will be required to bring $5,000 per tract or $50,000 for the entirety in the form of personal check, business check or certified funds to bid. Closing will be on November 29th. The auction will take place at the property.

The National Auction Group ( www.national-auction.com ), Inc. is the country's largest seller of private, one-of-kind real estate properties such as estates, ranches, farms, commercial properties and recreational facilities. Recognized for its creative and aggressive marketing strategies which are carefully planned, promoted, scheduled and implemented, the National Auction Group's team of talented professionals is skilled at developing plans of action customized to the needs of each client.