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COURT ORDERED 216+/- ACRE MAGNET COVE LAND AUCTION ~ MALVERN, AR

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Auction Description

ATTENTION: LAND BUYERS, REAL ESTATE DEVELOPERS & INVESTORS! 
Prime 216+/- Acres with 1.5+/- Miles of Road Frontage ~ Located between Malvern & Hot Springs ~ 
City Water, Electricity & Natural Gas to Property ~ 1/4 Mile from Magnet Cove School Campus ~ 
Selling from the Magnet Cove United Methodist Church w/Live, Online Bidding Available!

 

 

AUCTION LOCATION: Magnet Cove U.M.C. Family Life Center, 22292 AR-51, Malvern, AR

 

 

 

 

DIRECTIONS: From I-30 in Malvern, take Exit 98B & go 1/2 Mile Towards Hot Springs on HWY 270W ~ Turn Right on HWY 51 at the Traffic Light & go 4 Miles ~ Watch for Auction Sign, Property & Auction Location on the Right.

 

REAL ESTATE DESCRIPTION: This 216+/- Prime Contiguous Acres is in the Magnet Cove Community in Hot Spring County w/Approx. 1.5 Miles of Total Paved Road Frontage ~ The Property Contains Approx. 0.3 Miles Frontage Along HWY 51 w/ 33+/- Acres Lying South of the HWY, Approx. 0.7 Miles Frontage on Baroid Road w/Land on the East & West Side of the Road & Approx. 1/2 Mile Frontage on Bettis Road w/Land on the North & South Side of the Road ~ The Land is Conveniently Located just North of U.S. HWY 270 between Hot Springs & Malvern, Less than 10 Miles from MLK Expressway in Hot Springs & Less than 5 Miles from Interstate 30 in Malvern ~ Covered Mostly in Mature Timber w/ 60+/- Cleared Acres ~ Chamberlain Creek Runs Through the Northernmost Corner of the Land & Stone Quarry Creek Runs Through the Southwest Corner ~ This Property has it All: Convenient Location, Excellent Building Sites, Paved Road Frontage w/Multiple Access Points, Abundant Deer & Turkey & Marketable Timber ~ Electricity, City Water & Natural Gas Available ~ The Land is Selling as One Tract in its Entirety from the Magnet Cove United Methodist Church Family Life Center ~ Magnet Cove School District.

 

TERMS ON REAL ESTATE: $40,000.00 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 ~ 10% Buyer’s Premium.

 

INSPECTION: Drive by & Inspect this Property Anytime or Contact Agent, Doug Westgate at 501-815-4004/doug@wilsonauctioneers.com for Additional Information ~ Registration begins On-site at 9:00 a.m. Day of Auction.

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