Gov. File# L-30935: 1.2 Acre Cherokee Village Property in Fulton County, Arkansas
APN#: 375-20478-000, 375-20479-000, 375-20480-000, 375-20481-000, 375-20482-000
Legal Description: Cherokee Village Block 6; Lots 19, 20, 21, 22, 23
This prime Arkansas property is located at the corner of Pemmican and Geneseo Lane, this rare 5 adjoined lot property is a fantastic investment for homesite development in Cherokee Village! Cherokee Village is loaded with amenities including two golf courses, a clubhouse, a swimming pool, and seven great recreational use lakes! This resort style community has good highway access and flourishing nearby towns. Development is booming in the area! It is a great location to build your dream home with low HOA fees less than $99/year per lot and low property tax less than $25/year per lot!
Your winning bid is your down payment on the property and subtracted from the sale price of $24,618 you then make monthly installment payments at $349/month and the interest rate (APR) is 12%. 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: 36.323519, -91.616553
Some images may be of the general area and not of the actual property.
Asset Type: Arkansas Bid & Assume