North Point Watersports to sell off $5 million of excess inventory

ROCKINGHAM, N.C., — Iron Horse Auction Company has been selected to conduct a $5 million inventory-reduction auction for North Point Watersports, according to a release from Iron Horse.

The auction will be held June 27 at noon, on site at North Point Watersports on Lake Norman in Mooresville, N.C., and broadcast live on North Point Watersports sells MasterCraft Ski Boats, Manitou Pontoons, Rinker and Formula Yachts.

“This is a rare opportunity to purchase a new boat with a manufacturer’s warranty at below dealer cost,” Sonny Weeks of Iron Horse said in the release. “This should prove to be the best boat buying opportunity of the year.”

Some boats will be sold regardless of price and others with reserves. Ski supplies will also be sold in conjunction with the boats.

Buyers can view the boats on June 19, June 20 and June 26 from 11 a.m. to 7 p.m. and the morning of the auction from 10 a.m. to noon. Registration will begin at 10 a.m.

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