Gov. File# L-28856: Approximately 1/3 Acre Lot in Sharp County, Arkansas
Legal Description: Lot 24 Block 3 Addition THIRD
APN 204-00011-000
Arkansas land offering- incredible value! This property is located at the corner of Blackfoot and Indian Ave and is nestled between Lake Galilee, Lake Cherokee, and the South Fork Spring River Situated in the beautiful foothills of the 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. Each lot has direct road access, and the roads are well maintained! 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 and low property tax less than $25/year!
Your winning bid is your down payment on the property and subtracted from the sale price of $5,318, you then make monthly installment payments at $129/month and the interest rate (APR) is 8%. 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.
GPS Coordinates: 36.3054, -91.5152
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