Gov File #L-30901: 0.86 Acre Fulton County, Arkansas
Cherokee Village Tima Subdivision (3 lots)
APN: 375-20375-000, 375-20376-000, 375-20377-000
Legal Description: Cherokee Village Tima Subdivision Addition Block 2; Lots 2, 3, 4
This property is a fantastic investment which can be used for a homesite development in Cherokee Village a residential resort type development including tons of endless amenities such as 18-hole golf courses, trails, pickleball courts, beaches, and recreational use lakes all for your enjoyment! These lots are located in one of the most affordable areas in the country with tons of available activities in the Northern Arkansas Ozarks region. Annual property tax is very low and HOA fess under $99/year per lot. Great investment, bid now!
Your winning bid is your down payment on the property and subtracted from the sale price of $14,816 you then make monthly installment payments at $249/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: 36.321140, -91.612538
Some images may be of the general area and not of the acutual property.
Asset Type: Arkansas Bid & Assume