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Multi-property real estate auction slated for Sept. 10

One of the properties is a sprawling 1,176 mansion in Río Grande.

One of the properties is a 1,176 square-foot home in Río Grande facing a golf course.

Atlanta-based John Dixon & Associates will conduct an auction of more than 40 pieces of real estate including homes, condominiums, multi-family units and other properties in Puerto Rico on Sept. 10, the company announced Monday.

The auction, to be conducted in cooperation with Christiansen Commercial Real Estate, will also include commercial buildings, retail buildings, homes, condominiums and land being sold by a U.S.-based equity fund focused on Latin America and the Caribbean.

“There’s never been a better time to buy real estate in Puerto Rico, whether you live on the island or on the mainland, and this auction provides a rare opportunity to acquire some great properties,” said John Dixon, president of the auction company. “We have a lot of high-quality properties that will be of interest to individuals, investors, builders and developers in the United States as well as Puerto Rico.”

The auction will begin at 11 a.m., with on-site registration beginning at 10 a.m. at the Condado Plaza Hilton in San Juan.

“This will be a live auction, streamed in real time on the Internet. Online bidders may communicate with auction personnel on the floor of the event and enter their bids at the same time as live bidders,” said Dixon.

Among the properties selling are medical offices, three restaurants, shopping centers, a 45-room motel, a townhome with frontage on a golf course, an auto repair center, and tracts of land for commercial or residential development.

Individuals seeking additional information may visit www.johndixon.com or call 800-479-1763.

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This story was written by our staff based on a press release.

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