200 PHA Properties To Be Auctioned By Spann

The Philadelphia Housing Authority is again teaming up with the nation’s premier real-estate auction company to offer approximately 200 properties for sale at a big one-day event, Jul. 16. The announcement came this morning on the 2100 block of N. Marston Street, where four of the houses are located. Max Spann Real Estate & Auction Co. has scheduled the auction for 10 a.m. at First District Plaza, 3801 Market Street.

At PHA’s first auction in the fall of 2011, Max Spann sold 341 PHA properties, netting approximately $6.4 million for the housing authority. PHA is among more than 60 government entities nationwide for which Max Spann has conducted auctions.

The properties are scattered throughout the city but the majority are located in North Philadelphia within close proximity to Center City.

Max Spann will hold three auction informational sessions so that prospective bidders can review the lists of properties, get instructions on how the bidding process works, find out terms of the sale and ask any other questions. The sessions will be held from 12:00 to 3:00 p.m. on Jun. 26, Jul. 2 and Jul. 9 at Greater Grays Ferry Estates, 1800 S. 32nd Street.

Those interested can visit http://www.maxspann.com/auctions_property/248/Philly_pha for an entire list of the properties and a property information package, attend the auction and bid. More information can also be found on Max Spann’s Facebook page (Facebook.com/MaxSpann) and Twitter feed (@MaxSpann) or by calling (888) 299-1438.

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