Gainesville Real Estate

Upcoming Gainesville Florida Auctions

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Recent Auctions

The Gables at 4700 SW Archer Road

Saturday, June 27, 2009

National Auction Group (Based in Gadsden, AL) advertised 30 units would be sold at auction - at least 5 Absolute - out of the 84 units still owned by the developer. Over 100 people showed up to watch the auction, but only 60 of them brought their checkbooks.

By the conclusion of the auction only 8 units had been sold - one 3 bedroom unit and seven 2 bedroom units. Prices ranged from $95,000 to $125,000 plus a 10% buyer's premium. On average, the units sold for $127,000 plus the premium.

UnitStylePrice
W1652 bed - Belmont$125,000
L862 bed - Belmont$125,000
G512 bed - Belmont$110,000
H592 bed - Belmont$95,000
D273 bed - Preakness$125,000
J682 bed - Belmont$105,000
U1432 bed - Belmont$105,000
L852 bed - Belmont$105,000

Current listings in the Gables are priced from $149,000 to $169,000

Allison Ables