Gov File #L-29508: 0.11 Acre Cherokee Village Lot in Sharp County, Arkansas
Legal Description: Lot 8 Block 4 Addition HILLTOP
APN: 262-00110-000
This tranquil investment lot is located on a subdivision hilltop above two lakes! The property is on Deer Run Drive and is very close to both Lake Galilee and the South Fork Spring River! Northern Arkansas Ozarks region is 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 for the down payment on the property and then is subtracted from the price of $5,984 you then make monthly installment payments of $89/month at the interest rate of 8% APR. There is a Buyer’s Premium of 17.5% on only your down payment amount 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: 36.3062, -91.51215
Some images are of the general area and not of actual property.
Asset Type: Arkansas Bid & Assume