Atlantic City Investment Opportunity

The Press of Atlantic City has a write-up on the investment opportunity the Casino Reinvestment Development Authority (CRDA) is holding in Atlantic City.

From the Press:

The Casino Reinvestment Development Authority will be auctioning off 95 excess pieces of properties later this month.

Max Spann Real Estate and Auction Co., has scheduled an auction for 1 p.m. March 28 at the Atlantic City Convention Center, 1 Convention Blvd.

The properties will be sold in 24 packages ranging from one to 12 assets located in various residential and commercial zoning districts.


If you’re a local real estate investor who thinks Atlantic City is going to see a rebound or maybe are looking to diversify into buying investment beach houses, this could be an excellent opportunity.