Mid Atlantic Auction Park Launches Internet Commerce Site

. May 9, 2010

Mid Atlantic Auction Park was opened and licensed in September of 2009 as a public facility to provide access for buyers and sellers both wholesale and retail to have a central location to buy and sell in a new and exciting venue. They are working towards combining the on site auction with an internet location to create a marketplace for buyers and sellers to gather mutiple items at a central location to be displayed on site and online. Their local facilities are open daily for information, viewing, and sales. Offering lots of storage area they have 15 acres behind security fence and 18,000 square feet of warehouse storage with 3 auction bays. As an added benefit, on their property they have partnered with vehicle service and repair establishment to perform towing/transportation, full auto and auto body service, repossession, and vehicle inspection. The facility is within half a mile of the Goldsboro, NC airport and 4 miles from Goldsboro city center.

So far this year they have sold many privately owned properties and a mobile home park, and are preparing for the arrival of inventory of 2006 single wide FEMA mobile homes.

On Dec 3rd 2009 they sold a warehouse for 275K that the seller was expecting 100 to 125K. Again, aggressive marketing on their behalf gave the seller a far greater return than expected.

On Oct 15th 2009 they sold a group of Freightliners and dry box trailers through this facility for the US Bankruptcy court. According to the trustee, the equipment brought more money at their location than anywhere else when the same type of inventory had been sold. They feel it was due to the aggressive marketing and the ability to bid online simultaneously.

While they may be new to the auction industry their years of dealings in retail sales/development and world class alliances give a seller a fresh approach to collateral recovery and disposition and a buyer a new opportunity for purchasing at low prices.

Mid Atlantic Auction Park has only been around for less than a year but the management team has 50 years of combined experience in the real estate business involved in brokerage, speculation, development, building, and management.

Category: Online Auctions

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