Comly Auctioneers & Appraisers has been appointed by the U.S. Bankruptcy Court to auction the assets of Royal Lodge located at 553 E. Absecon Blvd. in Absecon, NJ. The assets consist of real estate and business intangibles.
Royal Lodge is a 25-room, 14,890 sf hotel situated on 1.8 acres in Atlantic County. The property is zoned for highway development and includes 25 parking spaces. Royal Lodge is located right off Route 30, minutes away from Atlantic City, New Jersey.
Bids are due on Tuesday, November 29, 2016 by 5:00 PM ET. The auction will take place on Thursday, December 1, 2016, in Camden County, NJ. The auction company must pre-approve any party interested in becoming a potential bidder.
Comly Auctioneers & Appraisers can provide prospective bidders more pertinent information upon receipt of a signed Confidentiality Agreement and a statement setting forth a source of financing.
Interested parties may contact Helen Minnucci at the auction office by phone (215-634-2500) or by email (auctions@comly.com) to receive the Confidentiality Agreement.
Visit our website at Comly.com for more information.
