Target Auction Company Announces Online Auction Sale of 15 South Florida Residential Rental Properties

Target Auction Company is offering 15 residential rental properties in Southeast Florida at online auction.

The properties are located within the cities of Pompano BeachFt. LauderdaleHollywoodMiami GardensOpa LockaMiami, and Homestead, Florida.

Online bidding will begin Thursday, Feb. 18 and concludes Thursday, Feb 25 at 10 a.m. EST.

Technology has changed the way investors and home buyers purchase real estate. Bidding and buying online is now as simple as the click of a button. Online auction marketing is the safest and most effective sales method, is an ideal concept to sell a single property or an entire portfolio at one time, and a true win-win for both buyers and sellers.

According to Target Auction Company Executive Vice President Jeff Hathorn, this residential portfolio of 15 rental properties is new to market, and the properties are leased and ready for a new owner to start making money.

“Now is a great time to get in and buy. Demand for residential rentals is strong,” he said. “These properties provide an ideal investment opportunity for both creating cash flow and increasing in value, and they will be offered with aggressive opening bid prices.”

Hathorn explained that all 15 properties in the portfolio are owned by one seller and emphasized the unique opportunity the 21 rental doors provide buyers.

“Since some of the 15 properties are duplexes, there are 21 rental opportunities with renters already in place,” he said. “Each of these properties is offered individually, so buyers have the possibility to purchase as many and whichever properties they so desire.”

Each property will be sold with clear and marketable title. Designated property previews dates are scheduled, so not to disturb the tenants.

The auction offers a two percent (2%) buyer agent commission.


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