Re: Texas town up for sale on eBay for a minimum bid of $2.5 million
  Home FAQ Contact Sign in
soc.culture.hongkong only
 
Advanced search
POPULAR GROUPS

more...

 Up
Re: Texas town up for sale on eBay for a minimum bid of $2.5 million         

Group: soc.culture.hongkong · Group Profile
Author: Chen
Date: Nov 1, 2007 10:46

On Nov 1, 11:39 am, rst0wxyz yahoo.com> wrote:
> On Nov 1, 10:21 am, Chen europe.com> wrote:
>
>
>
>
>
>> Texas town up for sale on eBay for a minimum bid of $2.5 million
>> October 31, 2007 (SAN ANTONIO, Texas) - Bobby Cave, owner of a town
>> called Albert, decided this year to sell. Then a friend mentioned the
>> online auction site eBay Inc. Now, with the click of a mouse -- and at
>> least $2.5 million -- Albert could be yours.
>
>> After spending hundreds of thousands of dollars to clean up and
>> restore the 13-acre town about 50 miles north of San Antonio, Cave
>> said he's ready to move on to his next venture.
>> "It's a concept. It's one of a kind," said Cave, 47, a real estate
>> agent. "It's more like a piece of art than it is a real estate
>> property. That's why eBay sounded so good to us. It's quirky."
>
>> Eric Meissner, Cave's friend and co-listing agent, said Albert
>> qualifies as a town, or at least was once a town, because it used to
>> have a post office. Albert dates to the late 1800s and is now
>> unincorporated.
>
>> "There is a road sign with a name on it. It's indicative of an area,"
>> Meissner said. "Just because the post office goes away the town
>> doesn't go away."
>
>> No one lives there permanently, but the tavern that Cave created from
>> the frame of the old general store is open on weekends. There are also
>> the "cleanest public restrooms in Texas," built by Cave, and a
>> pavilion, 85-year-old dance hall, tractor shed and three-bedroom
>> house. All of that, plus peach and pecan orchards, come with the land.
>
>> Cave said he will even throw in his plan to turn the place into a
>> tourist destination, including plans for a restaurant and cabins.
>
>> The eBay auction closes Nov. 23. On Wednesday, about a week after
>> bidding opened, offers topped $300,000. But that was still less than
>> Cave's "reserve price" of $2.5 million, the least he will take for the
>> property.
>
>> Hani Durzy, an eBay spokesman, said listing an entire town for auction
>> is very uncommon.
>
>> "We always like it when these kinds of things appear on the site
>> because it's fun," Durzy said. "We wish them luck."
>
>> Bridgeville, in northern California, was the first town ever put on
>> the eBay auction block. The 83 acres were twice sold on the site, in
>> 2002 (that deal fell through) and again last year.
>
> Does the price include the people in it? Maybe it would worth the
> price if it has a dozen beautiful girls included in the price.- Hide quoted text -
>
> - Show quoted text -

If you want to buy for China town, you don't need other people.
However, you can save a lot of TAXes from your operations.
no comments
diggit! del.icio.us! reddit!