GovFile #L-31152: 0.73 Acre (3 lots) Cherokee Village Property in Fulton County, Arkansas
Legal Description: Cherokee Village Yuma Addition Block 13; Lots 22, 23, 24
APN: 415-21920-000, 415-21921-000, 415-21922-000
Located right off Wakoda Drive, this is a rare opportunity to own a triple lot in Cherokee Village! 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 the down payment on the property and then is subtracted from the price of $14,879 you then make monthly installment payments of $229/month at the interest rate of 8% (APR). There is a Buyer’s Premium of 17.5% on your down payment amount only 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.
Some images may be of the general area and not of the actual property.
GPS Coordinates: 36.321651, -91.609680
Asset Type: Arkansas Bid & Assume