Gov. File# L-28848: Approximately 1/3 Acre Lot in Sharp County, Arkansas
Legal Description: Lot 28 Block 2 Addition FIRST
APN#: 200-00051-000
This relaxing property is located right off Mohawk Circle and is situated between Lake Cherokee, Lake Galilee, and the South Fork Spring River! It's close to the towns of Highland and Hardy and the Sharp County Regional Airport. This property is easily accessible- each Cherokee Village lot has road access and the roads are well maintained! This lot is a great investment with abundant recreational possibilities! Cherokee Village is loaded with awesome amenities including two golf courses, six swimming pools, seven lakes, trails, pickleball, tennis courts, beaches and more! Located in the beautiful foothills of the Northern Arkansas Ozarks region the area boasts the bountiful Spring River popular for floating, boating, and abundant fishing as well as seven spectacular lakes developed for vacation and recreational enjoyment! This is one of the most affordable areas in the country with HOA fees less than $99/year covering all amenities and maintenance with low property taxes below $25/year.
Your winning bid is your down payment on the property and subtracted from the sale price of $5,737 you then make monthly installment payments at $99/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: 36.3064, -91.5166
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