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