22 Bidders Compete For Rockland Hotel - Sold For $3.81 Million
JJManning Auctioneers, a leader in the accelerated marketing and disposition of quality real estate, is pleased to announce the sale at auction on Thursday, March 31, 2011 of 909 Hingham St./Rt. 228 in Rockland, MA, a 76-room hotel currently operating as a "Best Western."
On auction day, 22 registered bidders representing many of the region's top hospitality industry investment and management firms, each with a $50,000 certified deposit in hand, vied to own the 33,176+/- sf. hotel on 2+/- acres off Rt. 3. Firm President and auctioneer, Justin J. Manning, quickly drove the bidding for this turnkey investment property to a sale price of $3,810,000.
JJManning Auctioneers sells high value commercial & residential real estate exclusively at auction. Upcoming commercial properties include the 180+/- acre 18-hole championship golf club known as "Lakeville Country Club." 362 Boston St. in Topsfield, a .56+/- acre prime commercial development lot situated at a high-traffic Rt. 1 intersection will be selling at Absolute Auction to the highest bidder, regardless of price. Please visit www.JJManning.com or call 800-521-0111 for further information.
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