Courtesy: Auction.com
Abandoned for 20 years, the Village of Johnsonville in East Haddam now has a new, unidentified owner, who placed a winning bid Thursday of $1.9 million at Auction.com.
Competition between six registered bidders lead to a winning offer of $1.9 million during a commercial property auction that ended at about 1:20 p.m. on Thursday.
Bidding opened at $800,000, and jumped from $1.2 million to the top bid during the last half hour of the auction.
Confidentiality agreements may keep hidden the identity of the owner, along with any intentions for the parcel, until after the closing is complete.