WhiteBlaze Pages 2024
A Complete Appalachian Trail Guidebook.
AVAILABLE NOW. $4 for interactive PDF(smartphone version)
Read more here WhiteBlaze Pages Store

Results 1 to 10 of 10

Thread: Station at 19-E

  1. #1

    Default Station at 19-E

    Not sure why, but it's up for auction
    Attached Images Attached Images

  2. #2
    Registered User Toolshed's Avatar
    Join Date
    06-13-2003
    Location
    Along the AT
    Posts
    3,419
    Images
    52

    Default

    It was listed for $899K a few months ago - Price seems very high. An auction makes me wonder if there is anything an inspection might (or might have already) turned up. Either that or there is little interest from prospective buyers within a suitable time-frame? Not sure why else something wwould go to auction... Thoughts?
    .....Someday, like many others who joined WB in the early years, I may dry up and dissapear....

  3. #3

    Default

    I think the owner had had some health issues at one point and possibly the sale is not voluntary?. I expect the number of folks with cash in pocket to buy the place are few and getting a bank involved adds a whole lot of more paperwork. Few if any hostels are code legal and a bank would want to make sure that if they get stuck with it they can resell which means by the book.

  4. #4
    AT 11,000 Miler
    Join Date
    01-06-2003
    Location
    Dayton, OH
    Posts
    403
    Images
    1

    Default

    An auction means a fast sale.

  5. #5

    Default

    Quote Originally Posted by WMR View Post
    Not sure why, but it's up for auction
    Is this current? The web address at the bottom of the picture doesn’t work.
    Last edited by gpburdelljr; 10-21-2022 at 19:02.

  6. #6
    AT 11,000 Miler
    Join Date
    01-06-2003
    Location
    Dayton, OH
    Posts
    403
    Images
    1

    Default

    Is this current?
    Yes, look here: https://www.facebook.com/thestationat19e/

  7. #7

    Default

    Quote Originally Posted by Captain Blue View Post
    Don’t have Facebook.

  8. #8
    AT 11,000 Miler
    Join Date
    01-06-2003
    Location
    Dayton, OH
    Posts
    403
    Images
    1

    Default

    Don’t have Facebook.
    Ok, look here: https://proteamauction.hibid.com/auc...timed-auction/

  9. #9

    Default

    Thanks.
    I see that bidding ends on November 4th, and the seller can accept, or reject, the highest bid.
    Last edited by gpburdelljr; 10-21-2022 at 22:21.

  10. #10
    Registered User ldsailor's Avatar
    Join Date
    02-25-2016
    Location
    St. Petersburg, FL
    Age
    74
    Posts
    774

    Default

    It's going to be a hard sell with interest rates where they are (around 7% for residential homes). Then the Fed meets and will announce another interest rate increase a day before the bid closes. If I was a betting man, the property will not sell.
    Trail Name - Slapshot
    "One step at a time."
    Blog - www.tonysadventure.com

++ New Posts ++

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •