Premier Waterfront Lots, Condos at Smith Lake to Sell at J. P. King Auction, Some Absolute


SMITH LAKE, AL--(Marketwire - May 12, 2011) - At a real estate auction on June 4, four condominium units and 16 waterfront lots will be offered by J. P. King Auction Company, the nation's premier real estate auction marketing firm. Of the four three-bedroom, two-bath condos, two will sell absolute while four lots will sell absolute with no minimums and no reserves.

The Waterford Condos are located in Crane Hill, Ala. Each of the four remaining units include an assigned, covered boat slip, a three-bedroom floor plan, granite countertops, stainless steel appliances and a balcony view of Smith Lake. The condominiums also feature a swimming pool and uncovered boat slips to share for visitors.

The Windemere Lots and Smith Lake is a small village situated on a peninsula at one of the lake's widest points. The lots are available for purchase for the first time and include a boat slip and a panoramic view of the lake.

"The Windemere Lots are a great opportunity to experience a maintenance-free lifestyle," said Craig King, president and CEO of J. P. King Auction Company. "The lots are a great place to just enjoy the waterfront pool, cabana and the park area with friends until you're ready to build."

The auction will take place on Saturday, June 4 at 1 p.m. at the Windemere Lots, 3130 County Road 51 in Bremen, Ala. For additional information, individuals may contact J. P. King at 800.558.5464 or visit the company's website at www.jpking.com to see photos and view the J. P. King property tour video.

J. P. King Auction Company specializes in high-value properties and portfolios such as luxury homes, developments, condominiums and land and ranches. The company has marketed properties in all 50 states and six countries with recent sales in Texas, Alaska, Tennessee, Oregon, Virginia, Alabama and Wyoming.

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Contact:
Caley King Newberry
Cell: 256.295.3629

Of the 16 waterfront lots to be offered at auction on June 4, four of the lots will sell absolute with no minimums and no reserves. Each of the condo units to be auctioned includes a covered boat slip. Both the lots and the condos include access to a waterfront swimming pool.