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GARLAND COUNTY LAKESIDE SCHOOL DISTRICT HOME AUCTION

Auction Description

2,055+/- SF Brick Home on 1.3+/- Acres ~ Intersection of Carpenter Dam Rd. & HWY 290 ~ City Utilities Available ~ Selling On-site w/Live, Online Bidding Available

(TRACT 2 - 1.3+/- AC) 2,055+/- SF, 3 Bedroom/ 2 Bath Brick Home Built in 1955 w/Attached 2-Car Carport, in Need of Remodeling & Updating (Current Renters are Month-to-Month) ~ Frontage on HWY 290 & Deeded Access Along Existing Driveway into Property.

CONTIGUOUS TRACTS ALSO SELLING:
(TRACT 1 - 4.2+/- AC) This Cleared, Level, Ready to Develop Tract Sits at the Intersection of HWY 290 & Carpenter Dam Rd. w/Daily Traffic Count of Nearly 3,000+/- VPD & Excellent Visibility ~ Tract Contains (4) Metal Buildings Set Back off the Road Frontage ~ Building 1: 36x60 Ft. Open Span Metal Building on Concrete Slab w/ 3 Overhead Doors, Water & Electric ~ Building 2: 40x50 Ft. Open Span Metal Building on Concrete Slab w/ 2 Overhead Drive-Thru Doors, Living Quarters Complete w/ Kitchen, Bathroom, Living Area, Wet Bar & Loft Storage Area ~ Building 3: 26x44 Ft. Metal Building, Half Equipment Shed & Half Fully Enclosed for Storage ~ Building 4: 38x40 Ft. w/Metal Roof w/ 8x40 Ft. Metal Containers on Each End & a 22x40 Ft. Storage Room in between ~ This is an Excellent Tract for Many Different Uses!

(TRACT 3 - 9.5+/- AC) Beautiful Tract Fenced for Cattle ~ Hundreds of Ft. of HWY 290 Road Frontage, Older Mobile Home Currently Rented Month-to-Month ~ Excellent Building Sites ~ Incredible 2+/- Acre Fully Stocked Pond.

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 2020: $1,981.84 (for Entire Property)


SCHOOL DISTRICT: Lakeside

REAL ESTATE TERMS: $20,000.00 (PER TRACT), All 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 Day are Welcome.

Property Location

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