Auction Description

ATTENTION: LAKE HAMILTON CONDOMINIUM BUYERS & REAL ESTATE INVESTORS!
Unit A-12 ~ 1,160+/- SF, 2BR/ 2BA Condo on the Main Channel of Lake Hamilton Conveniently Located 1+/- Mile from (Exit 2) on the MLK Expressway in Desirable, Gated Harbor South HPR ~ Covered Boat Slip Offered Separately ~ Selling On-site w/Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: Harbor South HPR is Conveniently Located on the Main Channel of Lake Hamilton 1+/- Mile from (Exit 2) on the MLK Expressway just West of the HWY 70/Airport Road Bridge ~ The Extremely well ran POA Assures Property Owners of these (48) Units that they will be able to Enjoy Exceptionally Well-Maintained Building Exteriors Including New Roofs, Well-Maintained Stairways, Decks & Exterior Painting Along w/Well-Kept Common Areas, Landscaping, Gated Security Entrance, Swimming Pool, Seawall, Boardwalk & Large Asphalt Parking Lot ~ POA Dues are $200/mo. ~ (Unit A-12) is a 1,160+/- SF, 2 Bedroom/ 2 Bath Upper Level, Lakefront Condo Consisting of an Open Living Room/Dining Room w/Wood Burning Fireplace, Wet Bar & Wall of Windows Overlooking the Lake ~ Kitchen w/Solid Wood Cabinets ~ Master Suite w/Walk-in Closet, Private Bath & Sliding Door Access to the Recently Remodeled Corner Patio w/Million-Dollar View Overlooking Lake Hamilton’s Main Channel & the Pool ~ Large 2nd Bedroom ~ 2nd Full Bathroom ~ Laundry Closet ~ (2) Storage Closets ~ Recent Updates Include New LED Lighting Fixtures & Window Coverings Throughout ~ This One Owner Unit has Not been on the Market since it was Built in the mid-1980s & is Ready for a New Owner to Replace Floor Coverings, Install New Appliances & Paint the Interior to Suit their Tastes ~ All City Utilities Including Electricity, Water & Sewer ~ CH/A ~ Lake Hamilton School District ~ Harbor South HPR Restrictions Do Not Allow Renting of the Units ~ The Covered Boat Slip will be Offered Separately to Harbor South POA Members Only & Offered in Combination w/Unit A-12 ~ REMEMBER, BOTH THE CONDO & THE BOAT SLIP ARE SELLING REGARDLESS OF PRICE ON AUCTION DAY!

AUCTIONEER’S NOTE: If you’re looking for a lakefront condo, in a desirable owner-occupied and security gated complex on Lake Hamilton’s main channel, in a great location with a covered boat slip as a weekender, vacation property or a full-time residence, don’t miss this opportunity!

CLOSING COMPANY: Lender Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Ave, Hot Springs, Arkansas 71913 ~ (501) 624-2541 ~ Fax/ 623-4552.

REAL ESTATE TAXES FOR YEAR 2018: $1,628.00

POA DUES: $200.00 (per month)

SCHOOL DISTRICT: Lake Hamilton

TERMS ON BOAT SLIP (If Sold Separately): Cash, Check & All Major Credit Cards Accepted ~ 10% Buyer’s Premium ~ (Bidders on the Boat Slip must be Current Owners of a Harbor South HPR Condo).

TERMS: $20,000.00 Cashier’s Check, Per Home, made Payable in Your Name or Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.