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ABSOLUTE PINE BLUFF RESIDENTIAL REAL ESTATE & LAND AUCTION

Auction Description

ATTENTION: HOME BUYERS, DEVELOPERS, LAKE ENTHUSIASTS & INVESTORS!
1-Story, 2,566+/- SF Brick Home w/ 3 Bedrooms & 3 Baths ~ Plus, Double Carport & Large Double Garage/Storage Building on 1.73+/- Acres ~ 1-Story Brick Home w/ 1,334+/- SF ~ 1-Story Brick Home w/ 1,834+/- SF ~ 3,750+/- SF Pre-Engineered Metal Workshop on 5.76+/- Acres ~ 12+/- Acre Private Lake ~ Plus, (2) Additional Acreage Tracts ~ Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

 

REAL ESTATE DESCRIPTION: Selling (3) Brick Homes, a Pre-Engineered Metal Building & a Lake, All on 33+/- Acres ~ (TRACT 1) 7603 Sorrells Road ~ This 1-Story Brick Home on 1.73+/- Acres, Contains 2,566+/- SF w/ 3 Bedrooms/ 3 Baths, Living Room, Family Room, Kitchen, Dining Room & Laundry Room ~ 2-Car Carport, Plus a 2-Car Garage w/Large Storage Area ~ Home has a Great View of Spring Lake ~ (TRACT 2) 7304 Rush Lane ~ This 1-Story Brick Home on 1.12+/- Acres, Contains 1,834+/- SF w/ 3 Bedrooms/ 1 Bath ~ (TRACT 3) 7222 Rush Lane ~ This 1-Story Brick Home on 1.51+/- Acres, Contains 1,334+/- SF w/ 3 Bedrooms/ 2 Baths ~ Plus, an Older Double-wide Mobile Home ~ Homes on Tracts 1, 2 & 3 All Need Remodeling & Upgrading ~ (TRACT 4) 5.76+/- Acre Tract Situated Directly Across Sorrells Road from Tract 1 ~ This Site has a 50x75 Ft. Pre-Engineered Steel Building w/ 16+/- Ft. Sidewalls, (2) Passage Doors & (5) Overhead Doors ~ Site Also has (2) Metal Carports, Plus an Abundance of Pine Timber ~ (TRACT 5) 4.79+/- Acres Located Directly South of Tract 4 & is Accessible via Varnell Drive on the West ~ Watson Chapel Water Users Association has a Waterline Along Varnell Drive & this Tract has Considerable Pine Timber ~ (TRACT 6) 4.97+/- Acres Located Directly South of Tract 5 & is Accessible via Varnell Drive ~ Watson Chapel Water Users Association has a Waterline Along Varnell Drive & this Tract has Considerable Pine Timber ~ (TRACT 7) This 12.86+/- Acre Tract, Commonly known as Spring Lake, Consists of an 11+/- Acre Private Lake & Shoreline & is Accessible from Sorrells Road ~ Offers Prior to Auction Day are Welcome! ~ REMEMBER, THESE TRACTS ARE SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

INSPECTION:
Drive by Anytime to Inspect this Property ~ Contact Agents,
Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com or Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com for More Information ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. Day of Auction.

CLOSING COMPANY:
Jefferson Title Company, LLC ~ Closing Agent: Kay Beverly ~ 715 W. 5th Avenue, Pine Bluff, Arkansas 71601 ~ (870) 540-4927 ~ Fax/ 540-1267.

TERMS: (TRACT 1) $15,000.00 ~ (TRACTS 2, 3, 5, 6, or 7) $5,000.00 (PER TRACT) ~ (TRACT 4) $10,000.00, 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 are Welcome!

Auction Location

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