River Tower Going to Auction, June 21, 2008

According to an ad in today’s Commercial Appeal, J.P. King Auction Company will auction 44 condominiums at the River Tower at South Bluffs (we old timers still call it the Rivermont), with 11 units selling absolute. The sale is being billed as an “Inventory close-out”. Auction date is Saturday, June 21, at 11AM. This type of auction is fun to attend, whether you are planning on buying or not. If you have never been to one, this one should be very interesting.

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Joe Spake is a Memphis-based Real Estate Broker and Consultant. He blogs at Joe Spake's Weblog and Memphis Real Estate Buzz. Joe's Social Network.