Gov File #L-29313: Approximately 1/3 Acre Cherokee Village Lot in Sharp County, Arkansas
Legal Description: Lot 5 Block 4 Addition THIRD
APN 204-00016-000
This tranquil lot is located right off Blackfoot Lane and is nestled between Lake Cherokee, Lake Galilee, and the South Fork Spring River! Situated in the beautiful foothills of Northern Arkansas Ozarks region and located in the heart of Cherokee Village, there is no shortage of nature's beauty and awesome recreational activities in the area! Get lakeside, go hiking, or float down the river here in the Arkansas Ozarks! Cherokee Village is loaded with amenities including two golf courses, a clubhouse, a swimming pool, and seven great lakes! This resort style community has good highway access and flourishing nearby towns. These properties are a fantastic long-term investment as development is booming and are a great location to build your dream home with low HOA fees less than $99/year per lot and low property tax less than $25/year per lot!
Your winning bid is for the down payment on the property and then is subtracted from the price of $6,364 you then make monthly installment payments of $99/month at the interest rate of 8% APR. There is a Buyer’s Premium of 17.5% on only your down payment amount and a low $249 closing cost. There are no prepayment penalties so you can pay the property off at any time which allows you to save on any future interest expense.
GPS Coordinates: 36.3058, -91.5143
Some images are of the general area and not of actual property.
Asset Type: Arkansas Bid & Assume