SOURCE: Schrader Real Estate and Auction

Schrader Real Estate and Auction

October 20, 2010 11:09 ET

East Georgia Auction to Include Lake Russell Land, Hunting Land, Home Sites

COMMERCE, GA--(Marketwire - October 20, 2010) -  Approximately 1,575 acres of East Georgia recreational land, including more than four miles on Lake Russell, will sell in a Nov. 15 auction that will feature tracts as small as eight acres. Schrader Real Estate & Auction Company will market the properties and manage the sale for AgSouth Farm Credit, ACA.

"This is a rare combination of properties that will be offered in tract sizes that make them accessible to a wide range of people, including individuals as well as large investors and corporations," said R.D. Schrader, president of the auction company. "The sale format will level the playing field between those seeking to bid on large amounts of property and those who desire smaller amounts of acreage for their personal enjoyment," said Schrader. 

Approximately 1,287 acres of the land are located in Hart and Elbert County. "The land in Hart and Elbert counties includes five tracts that have COE frontage on Lake Russell, and six tracts with access to the lake via streams. Five of these tracts are under 90 acres, and the biggest tract in the group is 198 acres. All of these have great hunting, and the lake has excellent fishing," he said.

The Jackson County land -- approximately 221 acres between Jefferson and Winder -- will sell in five tracts ranging from eight acres to 93 acres. The partly wooded property has a stately brick home and includes frontage on the Mulberry River.

The third group of properties consists of 117 acres in Barrow County, selling in tracts ranging from 10 acres to 28 acres.

"The properties in Jackson and Barrow counties include a couple of ponds and some excellent home sites, so these may be attractive to individuals seeking to build a weekend or permanent home, or possibly to developers and builders," said Schrader.

The auction will begin at 6 p.m. Monday, Nov. 15, at the Commerce Civic Center, 110 State Street, Commerce, Ga. Individuals interested in more information may contact the auction company at 800-451-2709 or visit www.schraderauction.com.

Schrader Real Estate & Auction Company, based in Columbia City, Ind., is a national leader in the sale of land throughout the United States. More auction information.

Contact Information

  • For more information:
    Carl Carter
    205-823-3273

    Lindsay Fernandes
    205-909-3705