Roebuck Auctions reports it sold 40 plus properties today bringing 2.5 million dollars, on Tuesday, 12/4. It was reported that the auction at Roebuck’s headquarters was packed. Most of the properties were in the Midtown and Cooper-Young area, widely known as the “216-BRET” properties and included single family homes, duplexes, fourplexes, commercial buildings and vacant lots.
This was a huge number of properties to be sold in one auction. I was out of town and was unable to attend. I am not sure if I have formulated an opinion or if I can comment on how these sales will impact the Midtown market.
If you were there, know anyone who was, or have any comments, please post a comment.
Realtor at InCity Realty
Joe Spake is a Real Estate Broker and Consultant, specializing in Midtown, Downtown, and East Memphis residential properties. His interests include architecture, community activism, music, photography and cooking. Get more great real estate information on Joe's Facebook Page. Call 901-870-3440 or Email Joe@spake.com
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Why not call John Roebuck and ask him about that sale?