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ABSOLUTE DOWNTOWN GENTRY REAL ESTATE AUCTION

Auction Description

ATTN: NORTHWEST ARKANSAS BUSINESS OWNERS, COMMERCIAL & MULTI-FAMILY DEVELOPERS & INVESTORS!
(2) Vacant Lots Near Downtown Gentry ~ (Lot 7) 0.5+/- Acre on James Ave. ~ Zoned R-3 Heavy Density Residential ~ (Lot 14) 0.97+/- Acre Corner Location on East 3rd St. & James Ave. ~ Zoned C-2 General Commercial ~ Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE ON AUCTION DAY!

REAL ESTATE DESCRIPTION: (Lot 7) is 0.5+/- Acres w/ 109+/- Ft. of Frontage on James Avenue & 200+/- Ft. Deep ~ Lot is Level, Vacant & Ready for Development ~ Zoned for Heavy Density Residential, Perfect for Apartments, Duplexes or Condominiums ~ (Lot 14) is a 0.97+/- Acre w/ 200+/- Ft. of Frontage on East 3rd Street & 200+/- Ft. of Frontage on James Avenue ~ Lot is Level, Vacant & Ready to Develop ~ Zoned C-2 General Commercial, w/Many Potential Uses, Including Banks, Offices, Retail or Restaurant ~ With Excellent Visibility & Property is Across the Street from the Gentry Police Station ~ All City Utilities Available, Including Electricity, Water, Gas & Sewer ~ Remember, it’s Selling Regardless of Price to the Highest Bidder! ~ Offers Made Prior to Auction Day are Welcome!

INSPECTION: Contact Agent, Chuck Dicus at 501-920-7511/ chuck@wilsonauctioneers.com for Additional Information ~ Auctioneers will be On-site at 2:00 p.m. on Auction Day.

CLOSING COMPANY: First National Title Company ~ Closing Agent: Pat Blasingame ~ 300 SW 28th Street, Bentonville, Arkansas 72712 ~ (479) 464-4995 ~ Fax/ 271-7889.

REAL ESTATE TAXES FOR YEAR 2018:
$105.12 (Lot 7)
$1,480.44 (Lot 14)

SCHOOL DISTRICT: Gentry

TERMS: (Lot 7) $5,000.00 ~ (Lot 14) $10,000.00, Both in the Form of a Cashier’s Check 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

Property Location

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