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ABSOLUTE MULTI-HOME & 20.7+/- ACRE LAND AUCTION

Auction Description

(3) Homes Currently Rented Month-to-Month on a Secluded 20.7+/- Acres Covered in Mature Timber in Lake Hamilton School District ~ 2BR/ 1BA Home & (2) Well-Maintained Mobile Homes ~ Offers Prior to Auction Day are Welcome ~ Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE ON AUCTION DAY!

REAL ESTATE DESCRIPTION: All (3) Homes are Excellent Rental Properties w/Long-Term Renters Currently Paying $1,300 Total in Monthly Rent w/Plenty of Acreage to Add More Improvements ~ Property Contains a 1,100+/- SF Well-Maintained Home Consisting of 2 Bedrooms/ 1 Bathroom ~ Kitchen ~ Living Area & Utility Room ~ Covered Front Patio ~ Landscaped & Fenced Front Yard & a 2-Car Drive-Through Carport ~ A 2 Bedroom/ 2 Bathroom, 14x64 Ft., 1999 Mobile Home set on Steel-Reinforced Concrete Footings w/an Asphalt Shingle Roof Built Over the Home & an Additional 12x32 Ft. Covered Deck ~ Plus, a 2 Bedroom/ 1 Bathroom, 14x54 Ft., 1998 Mobile Home w/Front & Rear Decks ~ All (3) Homes are Extremely Well-Maintained & All Currently Rented Month-to-Month ~ Lake Hamilton School District ~ Quiet, Private Setting at the End of a County Road w/Gated Entrance ~ Entire Property is Covered in Mature Timber & Abundant Wildlife ~ Property is Selling Regardless of Price to the Highest Bidder!

AUCTIONEER’S NOTE:
If you buy rental properties, or you’re looking for a nice place outside of the city with multiple homes or a tract of land to build or hunt on, you have just found it. Remember, it all sells regardless of price to the highest bidder on auction day.

INSPECTION:
Please Respect the Privacy of Current Tenants ~ Homes will be Available for Viewing 1 Hour Prior to Auction Time ~ Contact Agent,
Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Any Questions ~ Auctioneers will be On-site & Registration begins at 1:00 p.m. Day of Auction.

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: $1,154.02

SCHOOL DISTRICT: Lake Hamilton

TERMS: $15,000.00 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 all Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

Auction Location

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