Gov. File# L-30390: 1.58 Acres (5 lots) in Fulton County, Arkansas
Legal Description: Cherokee Village Nambe Addition Block 2: Lot 1, 2, 3, 4, 5
APN: 245-15410-000, 245-15411-000, 245-15412-000, 245-15413-000, 245-15414-000
Arkansas Cherokee Village Quintuple Lot! One of the largest properties available in the area! This is a rare opportunity to purchase five adjoining lots together as one large property on Namby Drive! Investment land in the great community of Cherokee Village! Cherokee Village has amazing natural attractions like seven lakes in the beautiful Ozark region with thousands of acres of lakeshore geography developed for vacationers. The bountiful Spring River is popular in the region for floating and fishing for trout and walleye. It’s a crystal-clear river with long pools and whitewater falls! Cherokee Village also includes amazing amenities such as two private 18-hole golf courses, six swimming pools, a private beach, tennis courts, recreation centers, fitness center, senior center, horseshoe pits, three nature trails, and lakes for boating or fishing all maintained by a HOA less than $99/year per lot! This is one of the most affordable areas in the country with property taxes only $25/year per lot. These properties are located in an easily accessible area, each lot has road frontage and the roads are well maintained. Cherokee Village is close to the towns of Hardy and Highland and the local Sharp County Regional airport.
Your winning bid is for the down payment on the property and then is subtracted from the price of $24,789 you then make monthly installment payments of $349/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 future interest expense.
GPS Coordinates: 36.300939, -91.632538
Click Here to view the coordinates in Google.
Some images are of the general area and not of actual property.
Asset Type: Arkansas Bid & Assume