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COURT ORDERED OUACHITA COUNTY COMMERCIAL & RESIDENTIAL AUCTION

Auction Description

ATTENTION: COMMERCIAL & RESIDENTIAL RENTAL INVESTORS!

2.71+/- Acres w/ 3,600+/- SF Commercial Office Space Currently Under Lease ~ 1,822+/- SF, 2 Bedroom/ 2 Bath Home ~ 280+/- Ft. of Frontage on US-278 in Camden ~ Offered in (2) Tracts & Combination ~ Selling On-site w/Live, Online Bidding Available

 

AUCTION LOCATION:  206 AR-274, Building A, Camden, AR 71701 (Sleep Inn East Camden Conference Room)

PROPERTY ADDRESS: 193 US HWY 278, Camden, AR 71701

 

REAL ESTATE DESCRIPTION: Prime 2.71+/- Acre Commercial/Residential Parcel Located at 193 US HWY 278 in Camden, Arkansas, w/Average Daily Traffic Count of 9,700+/- VPD ~ Offered in (2) Tracts & Combination on Auction Day ~ (PROPERTY 1) 3,600+/- SF, Recently Updated, Commercial Office Building on 1.44+/- Acres ~ Currently Under Long-Term GSA Lease ~ Paved Parking w/ 150+/- Ft. of HWY 278 Frontage ~ Secure Parking Area ~ (PROPERTY 2) 1.27+/- Acres Featuring a Well Kept Residential Home Currently Used as a Rental for the Property Manager & Offers 1,822+/- SF, 2 Bedrooms/ 2 Baths ~ Detached Office or Shop w/a Bathroom ~ 130+/- Ft. of HWY 278 Frontage ~ This is a Great Location Close to Harrell Field Airport, Hotels, Dollar General, Valero & More! ~ Remember, this Property Will be Sold to the Highest Bidder, Subject to Court Approval!

 

INSPECTION: Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.

 

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

 

REAL ESTATE TAXES FOR YEAR 2022:  $3,273.00 (entire property)

 

SCHOOL DISTRICT:  Camden

 

TERMS:  (TRACT 1) $50,000.00 ~ (TRACT 2) $15,000.00, 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 Day are Welcome.

Property Location

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