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ABSOLUTE LAKE HAMILTON BUILDING LOT AUCTION ~ HOT SPRINGS, AR

Date

Friday, Nov. 2, 2018 at 10:00 AM CST

Auction Location

491 Kirschwood Drive, Hot Springs, Arkansas 71913

Real Estate Description

ATTENTION: BUILDERS & LAKE HAMILTON REAL ESTATE INVESTORS!
110+/- Ft. of Prime Lake Hamilton Frontage w/Year-round Water & Incredible Main Channel Lakeview ~
Conveniently Located 1 Mile South of HWY 270 ~ Lake Hamilton School District ~ Selling On-site
with Live, Online Bidding Available ~
SELLING REGARDLESS OF PRICE ON AUCTION DAY!

REAL ESTATE DESCRIPTION:  Lot 20 in the Kirschwood Manor Subdivision is Selling Regardless of Price to the Highest Bidder ~ This Exceptional Building Lot of Approximately 3/4 Acre has been Selectively Cleared Leaving Several Mature Pines & Hardwoods & Flowering Trees as it Gently Slopes Down to the 110+/- Ft. of Prime Lake Hamilton Frontage, w/Year-round Deep Water & an Incredible Main Channel Lakeview ~ Paved Road Frontage on Kirschwood Drive, Located Minutes from the West End of MLK Expressway, 1 Mile South of HWY 270 & just East of the 270 West Bridge ~ This Ready to Build Lot has City Water, Septic & Electricity Available (No Sewer) ~ Lake Hamilton School District ~ Offers Prior to Auction are Welcome.

AUCTIONEER’S NOTE:  If you’re looking for a Lake Hamilton lot to build on, in a quiet area, with main channel views and less than 5 minutes from the MLK Expressway, you have just found it.  Don’t miss this opportunity!

TERMS ON REAL ESTATE:  $20,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

INSPECTION:  Drive by & Inspect this Lot Anytime ~ Contact Agent, Spencer Wilson at 501-802-5060/ spencer@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 9:00 a.m. Day of Auction.

Aerial

Legal Description

Property Information Packet

DIRECTIONS:  From Exit 1 on MLK EXPWY in Hot Springs, go 3.5 Miles West on HWY 270/Albert Pike Road ~ Turn Left onto Kirschwood Dr. & go 1.2 Miles ~ Watch for Auction Sign & Property on the Left.

Auction Location

Terms

TERMS AND CONDITIONS:  $20,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

CLOSING COMPANY:  Lenders Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/623-4552.

REAL ESTATE TAXES FOR YEAR 2017:  $859.00

SCHOOL DISTRICT:  Lake Hamilton

TERMS OF AUCTION