ATTENTION: RENTAL PROPERTY OWNERS, LANDLORDS & INVESTORS!
5-Unit Apartments 1/4 Mile North of Oaklawn Racing & Gaming Casino Resort ~ 100% Occupancy ~ $3,950 Monthly Rental Income ~ 1 Bedroom/ 1 Bath Units ~ Extremely Well Maintained
REAL ESTATE DETAILS: Don't Miss this Incredible Opportunity to Purchase this Excellent Income-Producing, 5-Unit Apartment Building Located 1/4 Mile North of Oaklawn Racing & Gaming Casino Resort ~ 100% Occupancy ~ $3,950 Monthly Rental Income ~ Units are 1 Bedroom/ 1 Bath ~ Heated & Cooled ~ Property is Extremely Well Maintained ~ Exterior is Vinyl Siding w/Security Bars on Doors & Windows ~ Interior of the Units are Painted Drywall w/Vinyl Plank Flooring, Living Room, Eat-in Kitchen w/Fridge & Gas Range, Bedroom w/Closet & Full Bathroom ~ 0.1+/- Acre Lot, Zoned C-2 ~ City Water, City Sewer, Electricity, Natural Gas ~ Hot Springs School District ~ Please Respect Current Tenants Privacy ~ Property Shown by Appointment Only ~ Offers Made Prior to Auction Day are Welcome & Encouraged!
INSPECTION: By Appointment Only ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day.
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 2023: $1,485.16
SCHOOL DISTRICT: Hot Springs
TERMS: $40,000.00 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 ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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