Gov File #L-29315: Approximately 1/3 Acre Cherokee Village Lot in Sharp County, Arkansas
Legal Description: Lot 1 Block 5 Addition THIRD
APN: 204-00030-000
This beautiful lot is located at the corner of Hiawatha Drive and Little Beaver Street and is nestled between Lake Cherokee, Lake Galilee, and the South Fork Spring River! 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 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 $5,995 you then make monthly installment payments at $79/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: 36.3052, -91.5130
Some images are of the general area and not of actual property.
Asset Type: Arkansas Bid & Assume