SILVER SPRING, MD -- Federal Government to Sell Two Commercial Buildings Located on 2.1+/- Acres on the Bid4Assets Web Site Bid4Assets, Inc., a leading online auction site for forfeited, surplus and tax-defaulted property from federal, state and local government and private industry, today announced that it will auction two commercial buildings on 2.1 +/- acres located in Columbia, South Carolina, through an Order for Interlocutory Sale for the U.S. Marshals Service. The online auction opens for bidding May 2-May 4, 2005 on the Bid4Assets Web site at http://www.bid4assets.com/USMS. Bid4Assets has been conducting asset sales for the U.S. Marshals Service since December 1999 to include residential and commercial real estate, luxury automobiles, aircraft, boats, jewelry, timeshares and financial instruments.
The two commercial buildings are located at 1730 & 1732 Broad River Road, Columbia, South Carolina. The building located at 1730 Broad River Road is a one-story building with a brick front and contains 5,712 +/- square feet of heated area. The building located at 1732 Broad River Road is a one-story concrete block and contains 2,250 +/- square feet of heated area. Site improvements include an asphalt-paved driveway and parking areas. Bidding for the two commercial buildings (sold together as one lot) starts at $262,500. Bidders are required to submit a pre-bid deposit of $30,000 prior to placing a bid.
The property will be available for inspection one time only on Tuesday, April 26, 2005, between the hours of 11:00 a.m. and 2:00 p.m. ET. Prospective bidders wishing to inspect the property must make an appointment and complete the "Waiver, Release & Indemnity Agreement." Please contact inspections@bid4assets.com to schedule an appointment. Appointments must be scheduled before 12:00 p.m. ET on Monday, April 25, 2005.
Specifications, photos and other information are currently available online at http://www.bid4assets.com/USMS. Interested buyers can contact Bid4Assets with any questions by sending an email to service@bid4assets.com. For those individuals who are unable to access the Internet, they can contact Bid4Assets toll-free at 1-877-427-7387 to request an off-line bid form.
"We are thrilled to offer buyers immediate access to a wide variety of unique, high-value property forfeited to the U.S. Marshals Service," said Bid4Assets Vice President of Marketing and Corporate-Wide Communications Jenny Lynch. "Interested buyers can find all of the information they need to make a purchasing decision online."
About Bid4Assets, Inc.
Bid4Assets is the leading online auction marketplace that helps government and private industry maximize returns from the sale of forfeited, surplus and tax-defaulted property. The Company focuses on high-end assets, selling real estate, personal property, financial instruments and bankruptcy claims to a worldwide network of buyers. The Company provides customized sales solutions such as online, traditional, sealed bid and Web cast auctions, fixed price sales, as well as co-branded Web Sites and branded Private Auction Exchanges. Information about Bid4Assets, Inc. is available at the Company's site on the World Wide Web at http://www.bid4assets.com/. The company is located in Silver Spring, Md., phone (301) 650-9193, fax (301) 650-9194.
About U.S. Marshals Service
The Marshals Service (http://www.usdoj.gov/marshals/) administers the Department of the Justice's Asset Forfeiture Program by managing and disposing of properties seized and forfeited by federal law enforcement agencies and U.S. attorneys nationwide. Currently, the Marshals Service manages more than $878 million worth of property. The proceeds from the sale of forfeited assets such as real property, vehicles, businesses, financial instruments, vessels, aircraft and jewelry are deposited into the Asset Forfeiture Fund and are subsequently used to further law enforcement initiatives.
PHOTOS AVAILABLE -- Buildings: http://www.bid4assets.com/columbiaSC
Source: Bid4Assets, Inc.
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CONTACT: Jenny Lynch of Bid4Assets, Inc., office: +1-301-650-9193, or
jlynch@bid4assets.com
Web site: http://www.bid4assets.com/
http://www.usdoj.gov/marshals/
About This Release
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