Press Releases

Auction Scheduled for November 7, 2009 @ 10:00am CST

September 25, 2009:  National Commercial Auctioneers, LLC, a national auction company specializing in the sale of commercial real estate and land at auction, is conducting the Absolute Bankruptcy Auction of 715 acres with improvements, including a 7,500 sq ft mostly-completed estate-style home, 60 x 130 shop, and a bungalow-style home located on 11 different tracts in Tryon, Oklahoma, a town about 18 miles north of Chandler.   The auction will also include a large inventory of equipment and personal property, including John Deere and Caterpillar equipment. 

The offering is divided into three different categories - vacant land, land with improvements, and personal property.   There are 11 tracts being offered through the multi-parcel auction process.  Most of the tracts are vacant land with rolling hills, ponds, wood enclaves, fencing and incredible views of the Oklahoma skyline.   "One of the parcels even has a spring-fed creek with a natural stone bridge across it," reflected Whitey Mason, Corporate Auctioneer, National Commercial Auctioneers and the Senior Project Manager for this auction.  "It is truly a hidden gem that any land buyer would love to have."

The auction will also include two tracts that have improvements.  One tract has 80 acres with a 7,500 sq ft mostly-completed home with luxury wood finishing's and fine appointments throughout.  Next to the home is a 60 x 130 concrete floored, full-utility workshop and storage facility with an apartment.  "There is room for all the equipment you would ever need to manage your land, and store all of your 4-wheeling toys", notes Whitey.  Another 38-acre tract on the northern portion of the property has a small 868 sq ft fixer-upper home that is an ideal homestead in the country.   The 11 tracts range from 38 acres to 80 acres.  The buyers will have the opportunity to bid on individual tracts and on combinations of tracts during the auction.  

In addition to the extensive real estate offering, NCA will be selling personal property and farm equipment, including a John Deere 7810 Tractor, JD 704 Rake, JD 566-5x6 Round Baler, Caterpillar 613 Elevating Scraper, Cat D6 D Bulldozer that is "Oilfield Equipped", a 1997 Ford F-800 2 Ton with 14' Dumpbed, 1999 PTRB 379 DS Semi-Truck with extended hood and 525 Cummins and 18 speed Eaton Fuller, and Talbert Semi-Trailer with Hydroneck Operation, plus shop equipment, a motorcycle, home theatre equipment, still-in-the-box appliances, tools, and more.  "Everything sells to the highest bidder so you need to be at this auction," notes Stephen Karbelk, CAI, AARE, President of National Commercial Auctioneers, LLC.  "This is not just a huge Absolute Bankruptcy Auction, but an event.  Come on out, enjoy the food, and bid to buy.  You may just end up with the hunting land you always wanted, the John Deere you wished you had, or the home of your dreams!"

"This will be one of the biggest, if not the biggest, Absolute Bankruptcy Auctions of land in Oklahoma this year," Stephen further notes.  "We are honored to be selected by Joe Bellinger, the Chapter 7 Trustee to market and sell these valuable assets."    

This Absolute Bankruptcy Auction will happen on-site on Saturday, November 7^th @ 10:00 AM.  The property will be open for inspection on Sunday, October 25^th, Sunday, November 1^st and several days immediately before the auction.  To get the property information package, terms of sale and to get the inspection times, please contact National Commercial Auctioneers at 877-895-7077 or visit http://www.natcomauctions.com/.  

This sale is being administered under the control of the US Bankruptcy Court, District of Maryland, Case Number 08-17706, Dean and Cynthia Bateson.

About National Commercial Auctioneers, LLC

Based in Tulsa, Oklahoma, National Commercial Auctioneers (NCA) is a national real estate auction firm dedicated to the sale of commercial properties for commercial lenders, bankruptcy trustees, private equity funds, and for public and private companies throughout the United States. NCA has the knowledge and expertise to effectively deliver a market-driven auction for every type of commercial property.

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