Posted by: CharleyB
11/16/2004, 17:43:54
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My wife and I are in a very unique real estate situation. We own nearly all of the historic district of a small Georgia town: Post Office, Cafe, Theater, Bank building, warehouse converted to office/residence, old cotton gin, warehouses on railsiding, vacant lots, all Victorian era brick structures. Most restored to near original.
We believe the value of the whole is greater than the sum of the parts but we will divide it if necessary. Because of family illness we must let it go.
Our town is located less than an hour from two relatively large cities (Savannah and Augusta) and we have listed it with agents in both cities in the past. However, it seems that they were reluctant to advertise as required and they said that the "uniqueness" was a drawback because it limited the pool of potential buyers. Is this true?
We suspect that the buyer of this type of property would most likely not be "local". Are there "national" brokerages that may be able to handle the sale?
The uses of the properties are varied; commercial, residential, industrial. How does one market them?
The properties have very little debt against it so we are flexible with structuring owner financing. We just want it to live on!
We are both professionals, but not realtors, so we appreciate commissions and are willing to pay them.
Can anybody out there help us?!
:-? 
Related link: http://www.rockyfordinternational.net
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