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Ohio recreational land sells at auction for $3,582,340
Approximately 1,966 acres of Ohio recreational land sold for $3,582,340 Saturday, with Schrader Real Estate and Auction Company managing the sale, in cooperation with Murray Wise Associates.
A crowd of more than 300 gathered at John Glenn High School in New Concord for the auction of the land, which included more than 800 acres that had been managed for the past four years by the Buckmasters American Deer Foundation. The land - located in Muskingum and Morgan counties near Zanesville - was offered in 41 tracts.
"With deer season just getting started in Ohio, we were hoping for a strong turnout of hunters seeking to purchase tracts of this excellent land for recreational purposes. That's exactly what we got," said Nick Cummings, auction manager for Schrader.
"This was a good illustration of how our system of bidding puts all bidders on a level playing field, regardless of whether they're seeking a small amount of land or the entire property. Out of 14 successful bidders, four purchased a total of 1,446 acres. The remaining 520 acres were divided among 10 bidders, most of whom indicated they were purchasing it for hunting and other outdoor recreation," said Cummings.
Schrader Real Estate and Auction Company, based in Columbia City, Indiana, is a leading auctioneer of agricultural land throughout the United States and is a four-time USA Today/National Auctioneers Association Auction of the Year Winner, as well as a two-time winner of the Grand Champion Marketing Award of Excellence. Individuals interested in additional information may visit www.schraderauction.com or call 800-451-2709.