United Country Lippard Auctioneers to Conduct Multi-Property Public Auction of 8 Commercial, Residential and Agricultural Properties in Ponca City, Oklahoma

Enid, Oklahoma, UNITED STATES

PONCA CITY, Okla., Aug. 1, 2012 (GLOBE NEWSWIRE) -- United Country Lippard Auctioneers, Inc., (www.lippardauctions.com) announces the public auction of eight properties in Ponca City, Okla., August 23 and 24, 2012, according to Troy Lippard, auctioneer.

"This is an excellent opportunity to purchase some great commercial, residential, and agricultural properties," said Lippard. "All properties except for two will sell with no reserve to the highest bidder."

The bidding will commence on Thursday, August 23, 2012, with approximately 112 acres located at 15230 E. Furguson Road in Shidler, Okla., consisting of mostly timber, grass land, and a nice pond with highway frontage, great views of Kaw Lake and excellent hunting and recreational possibilities. It is improved with a 1996 modular home, is currently vacant and will sell absolute to the highest bidder.

Located only 1.5 miles from Kay Lake at 8193 Lake Road, Ponca City, Okla., the second property up for bid is approximately seven acres improved with a 1,025 sq. ft. home that sells absolute to the highest bidder.

Also selling to the highest bidder is 8201 Lake Road in Ponca City, Okla., which is approximately three acres improved with a 5,000 sq. ft. metal building as well as 8223 Lake Road in Ponca City – approximately 10 acres improved with pipe fencing, 12ft. by 36ft. horse shelter, and Bermuda/Native grass pasture.

Friday, August 24th will see four additional properties up for bid, including: a three-unit recently-remodeled commercial office building income property known as Palmar Building at 300 Fairview Street in Ponca City featuring approximately 4,064 sq. ft. of office area currently occupied by two tenants; and a two-story commercial building located just off the downtown area at 211 North 3rd in Ponca City, offering a variety of income producing opportunities and currently occupied by two tenants. Both properties will sell to the highest bidder.

The final two properties will sell subject to the seller's confirmation, they are: a two-story apartment complex at 901 East Grand in Ponca City with approximatley 11,960 sq. ft. in twelve units – four one-bedroom and eight two-bedroom units; and two 0.34 acre tracts at 3517 Lake Road in Ponca City - one improved with a nice commercial office building with approximately 2,440 sq. ft. and the adjoining lot vacant.

The auctions will take place on-site at each property. Online bidding is available for those who cannot attend the auction in person. For more information on registering to bid, as well as photos and terms, visit www.lippardauctions.com, or call (866) 874-7100.

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About United Country Lippard Auctioneers, Inc.

In the auction business since 1986, United Country – Lippard Auctioneers has sold more than $1 Billion in real estate throughout Oklahoma, Colorado, Kansas, Arkansas, Missouri, New Mexico and Texas.

The United Country Lippard Auctioneers, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11202


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