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Public Outcry Bid on Green Park Inn Rejected, Online Auction up to $1.2 Million PDF Print
Written by Adam Hicks   
Friday, 31 July 2009 08:16

The high bid of $750,000 at yesterday’s public auction at the Green Park Inn was rejected by the owner, so an online auction is continuing today.

 

According to Bracky Rogers of Rogers Realty and Auction Company, as of Friday afternoon the high bid for the online auction is up to $1.2 million.

 

Rogers said the high bidder is a Colorado and Florida resident who has plans to renovate the inn.  The high bidder has experience in owning hotels and plans on moving his family to Blowing Rock.

 

The online auction is ongoing, but Rogers said he feels confident that the seller will accept the $1.2 million bid.  He explained the sale would likely not be finalized until next week.

 

High Country Radio will continue to keep you updated on the purchase of the Green Park Inn.

  
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