Rosemary and Lookaway halls have a bidder

Thursday, July 2, 2009 3:19 PM
Last updated 5:00 PM
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Rosemary and Lookaway halls may soon be sold.

A bid was made on both properties this week, according to Georgia Bank & Trust representatives. Potential buyers were not named because of confidentiality issues. Bids are still being taken on the property.

Georgia Bank & Trust Co. offered the lone bid during a foreclosure auction in April.

The homes are centerpieces in North Augusta's downtown and carry the history of the city's founder, James U. Jackson, and his brother Walter. Rosemary was built in 1902. Lookaway Hall was built in 1895 at the fork of Carolina and Georgia Avenues, which afforded views of the Savannah River.

Both halls have outstanding mortgages totaling more than $800,000 each.

Skip Grkovic, North Augusta economic and community development director, said the halls did not have a buyer when he talked with the bank on Monday.

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