ROGERS, AR--(Marketwire - May 9, 2011) - At a bank-ordered event on May 24, hundreds of properties will be offered at a real estate auction in Rogers, Ark. The auction, which includes bank-owned properties from 24 Arkansas cities, will be conducted by J. P. King Auction Company, the nation's leading real estate auction marketing firm.
The properties include single-family homes, commercial buildings, development properties as well as commercial and residential lots and land. Two convenience stores and waterfront lots are included in the portfolio, where some properties will sell absolute with no minimums and no reserves.
"This auction event has something for everyone," said Craig King, president and CEO of J. P. King Auction Company. "Ranging from investment properties, development land and large, five-bedroom homes, this portfolio provides an opportunity to buy a good property at a great value."
Property-specific information is available on J. P. King's website, and additional listings will continue to arrive up to auction day. This will be the second of two auctions for Arvest Bank; the first auction will take place in Grove, Okla., on May 21 and will include several residential homes and lots, such as the Governor's Retreat subdivision in Grove, Okla., as well as properties in Missouri.
The Arkansas auction event will take place on Tuesday, May 24 at 11 a.m. at the Embassy Suites & Convention Center at 3303 Pinnacle Hills Parkway in Rogers, Ark. For additional information, individuals may contact J. P. King at 800.558.5464 or visit the company's website at www.jpking.com.
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 Virginia, Alaska, Tennessee, Oregon, Wisconsin, Alabama and Wyoming.
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