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PULASKI COUNTY 21 HOME ABSOLUTE REAL ESTATE AUCTION ~ GREATER LITTLE ROCK, AR

Auction Description

ATTENTION: LANDLORDS & REAL ESTATE INVESTORS!
(21) Meticulously Well Maintained, Single Family Homes in the Greater Little Rock Area ~ 
All Currently Leased or Rent Ready ~ $225,000 Annual Gross Income Potential ~
EVERY PROPERTY SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

 

 

AUCTION LOCATION: (21) PROPERTIES SELLING FROM
(
PLEASANT VALLEY C.C.) 1 PLEASANT VALLEY DR. ~ LITTLE ROCK, AR

DIRECTIONS TO AUCTION LOCATION: From I-430, Take (Exit 8) & Travel West Following Rodney Parham Rd. for 1 Mile, Turn Left onto Pleasant Valley Dr. & Watch for Pleasant Valley Country Club.

REAL ESTATE DESCRIPTION: (21) Prime Income Producing Properties in Excellent Locations Including 12 Homes in Little Rock, 4 Homes in North Little Rock, 3 Homes in Jacksonville & 2 Homes in Sherwood ~ All Currently Rented or Rent Ready ~ All Tenants are Vetted Prior to 1 or 2 Year Lease Signing ~ Deposits Held on Every Leased Property ~ Rainey Property Management Company Inspects Every Property Quarterly & Owner Makes Repairs or Improvements as Recommended ~ All Properties are Under Current Termite & Pest Control Contracts w/Arkansas Pest Control ~ Seaton Heat & Air Performs Semi-Annual HVAC Maintenance ~ Over $185,000 Current Gross Annual Rental Income w/New Rental Applications Coming in Weekly for the Vacant Homes.

DIRECTIONS TO PROPERTIES: For Google Map Displaying All Properties & Directions go to WilsonAuctioneers.com.

Property 1: (1109 Giles St., Little Rock) Built in 1975, 2,897+/- SF, Brick/Siding Exterior, 5BR/ 3BA, Lot 190, University Park North Subdivision, Leased thru 11/22/2019 for $1,275/mo. ~ New Roof, Vinyl Siding, HVAC & Water Heater Since 2014.  Lease Agreement

Property 2: (115 Elmwood Ave., Sherwood) Built in 1958, 2,800+/- SF, Rock/Siding Exterior, 3BR/ 2BA, Lot 17, Block 1, Lake Cherrywood 1 Subdivision, Leased thru 2/28/2020 for $1,300/mo. ~ Extensive Remodel in 2013.  Lease Agreement

Property 3: (1312 Reservoir Rd., Little Rock) Built in 1973, 1,612+/- SF, Brick Exterior, 3BR/ 2BA, Lot 11, North Gate Subdivision, Leased thru 3/31/2019 for $1,050/mo. ~ Bathroom Remodel & New Flooring in 2016.  Lease Agreement

Property 4: (704 Parrish St., Jacksonville) Built in 1969, 2,134+/- SF, Brick/Vinyl Exterior, 4BR/ 2.5BA, Lot 23, Heraldry Manor Subdivision, Leased thru 6/1/2019 for $1,050/mo. ~ Extensive Remodel in 2013.  Lease Agreement

Property 5: (309 Eubanks Rd., Jacksonville) Built in 1976, 1,781+/- SF, Brick/Vinyl Exterior, 4BR/ 2BA, 0.3+/- Acre Lot, Leased thru 12/22/2018 for $960/mo. ~ New HVAC in 2014.  Lease Agreement

Property 6: (10606 Excalibur Dr., Little Rock) Built in 1975, 2,210+/- SF, Brick/Siding Exterior, 3BR/ 2.5BA, Lot 60, Yorkwood Subdivision, Rent Ready Condition, Leased thru 8/8/2020 for $1,045/mo. ~ Remodel in 2012, New HVAC in 2017.  Lease Agreement

Property 7: (1324 Fairpark Blvd., Little Rock) Built in 1951, 2,378+/- SF, Brick Exterior, 3BR/ 2BA, Lot 5, Block 6, Oak Forest Subdivision, Leased thru 6/1/2020 for $995/mo. ~ Extensive Remodel & New Roof in 2014.  Lease Agreement

Property 8: (6408 Tulip Rd., Little Rock) Built in 1960, 1,932+/- SF, Brick Exterior, 3BR/ 2BA, Lot 216, Cloverdale Subdivision, Leased thru 3/1/2019 for $995/mo. ~ Extensive Remodel in 2012.  Lease Agreement

Property 9: (6605 Verbena Dr., Little Rock) Built in 1960, 1,314+/- SF, Brick/Siding Exterior, 3BR/ 1.5BA, Lot 393, Cloverdale Subdivision, Leased thru 6/22/2019 for $750/mo. ~ Remodel & New Tile Floors in 2013, New Furnace in 2017.  Lease Agreement

Property 10: (1000 W. 55th St., North Little Rock) Built in 1956, 1,825+/- SF, Brick Exterior, 4BR/ 2BA, Lot 14, 55th Street Addn. Subdivision, Rent Ready Condition, Leased thru 8/14/2019 for $925/mo. ~ New Wiring in 2013, New Carpet in 2017.  Lease Agreement

Property 11: (709 Water St., North Little Rock) Built in 1950, 2,150+/- SF, Vinyl Exterior, 4BR/ 2BA, Lot 186, Rich Acres Subdivision, Leased thru 3/28/2020 for $925/mo. ~ New 4-Ton HVAC & New Roof in 2013.  Lease Agreement

Property 12: (6012 Lyndell Dr., Little Rock) Built in 1965, 1,700+/- SF, Siding Exterior, 4BR/ 2BA, Lot 35, Lyn Dell Acres Subdivision, Rent Ready Condition, Formerly Leased for $850/mo. ~ Remodel & New Roof in 2013, Foundation Repaired in 2016.  

Property 13: (6005 Buckles Dr., North Little Rock) Built in 1969, 1,854+/- SF, Brick/Vinyl Exterior, 3BR/ 2BA, Lot 6, Block 30, Sky Way Subdivision, Leased thru 2/12/2019 for $900/mo. ~ New Roof in 2013, New HVAC in 2016.  Lease Agreement

Property 14: (3 Luau Dr., Sherwood) Built in 1972, 1,432+/- SF, Brick Exterior, 4BR/ 2BA, Lot 61, Bamboo Village Subdivision, Rent Ready Condition, Formerly Leased for $880/mo. ~ Extensive Remodel in 2012, New Roof in 2016.  

Property 15: (11 Greenway Ct., Jacksonville) Built in 1984, 1,314+/- SF, Siding Exterior, 3BR/ 1.5BA, Lot 102, Woodbriar Subdivision, Leased thru 5/26/2020 for $745/mo. ~ New Roof, New Tile Flooring & New Fridge in 2013.  Lease Agreement

Property 16: (1818 W. 36th St., North Little Rock) Built in 1960, 1,335+/- SF, Brick Exterior, 3BR/ 1BA, Lot 13, Shady Ridge Addn. Subdivision, Leased thru 11/1/2018 for $675/mo. ~ New HVAC in 2016.  Lease Agreement

Property 17: (9 Duval Cir., Little Rock) Built in 1965, 1,066+/- SF, Brick Exterior, 3BR/ 1BA, Lot 38, Chicot Terrace Subdivision, Leased thru 8/19/2019 for $650/mo. ~ New Roof & Remodel in 2013.  Lease Agreement

Property 18: (7525 Shady Grove Rd., Little Rock) Built in 1967, 1,053+/- SF, Brick Exterior, 3BR/ 1BA, Lot 1, Woodbriar Subdivision, Rent Ready Condition, Formerly Leased for $710/mo. ~ Extensive Remodel in 2012, New HVAC in 2013.  

Property 19: (14 Westmont Cir., Little Rock) Built in 1957, 1,008+/- SF, Vinyl Exterior, 3BR/ 1.5BA, Lot 266, Meadowcliff Subdivision, Rent Ready Condition, Formerly Leased for $775/mo. ~ Extensive Remodel Including All New Vinyl Siding, Windows, Doors, HVAC, Flooring, Wiring & Fridge in 2013.

Property 20: (8616 Winston Dr., Little Rock) Built in 1962, 1,230+/- SF, Siding Exterior, 3BR/ 1BA, Lot 37, Winston Sub Subdivision, Rent Ready Condition, Leased thru 8/3/2020 for $675/mo. ~ New Roof in 2014, New HVAC & Fridge in 2016.  Lease Agreement

Property 21: (8519 Winston Dr., Little Rock) Built in 1962, 1,248+/- SF, Siding Exterior, 3BR/ 1BA, Lot 24, Winston Sub Subdivision, Leased thru 7/25/2020 for $700/mo. ~ Partial Remodel in 2013.  Lease Agreement

Remember, Every Property will be Sold Regardless of Price on Auction Day! ~ All Information Including but not limited to Square Footage, Age, Acreage, Current Rent or Lot Sizes are Approximate ~ Rental Status is Not Guaranteed on Auction Day.

TERMS ON REAL ESTATE: $10,000.00 (PER PROPERTY) Cashier’s Check or Cash (NO EXCEPTIONS) 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 to Purchase Individual Homes or the Entire Portfolio are Welcome.

INSPECTION: Drive by to View the Leased Properties Anytime or Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to Inspect the Vacant Homes ~ Registration begins at the Pleasant Valley Country Club Clubhouse at 12:00 p.m. on Auction Day.

 

 

Property# Address City Block/Lot Subdivision Sq. Ft. +/- Exterior Year Built Acres +/- Status Rent Former Rent
1 1109 Giles St Little Rock 0/190 University Park No 2897 Brick, Siding 1975 0.2 Rented $1,275.00 N/A
2 115 Elmwood Ave Sherwood 1/17 Lake Cherrywood 1 2800 Rock, Siding 1958 0.36 Rented $1,300.00 N/A
3 1312 Reservoir Rd Little Rock 0/11 North Gate 1612 Brick 1973 0.19 Rented $1,050.00 N/A
4 704 Parrish St Jacksonville 0/23 Heraldry Manor 2134 Brick, Vinyl 1969 0.26 Rented $1,050.00 N/A
5 309 Eubanks Rd Jacksonville n/a 3N-11-28 1781 Brick, Vinyl 1976 0.3 Rented $960.00 N/A
6 10606 Excalibur Dr Little Rock 0/60 Yorkwood 2210 Brick, Siding 1975 0.2 Rented $1,045.00 N/A
7 1324 Fairpark Blvd Little Rock 6/5 Oak Forest 2378 Brick 1951 0.32 Rented $995.00 N/A
8 6408 Tulip Rd Little Rock 0/216 Cloverdale 1932 Brick 1960 0.18 Rented $995.00 N/A
9 6605 Verbena Little Rock 0/393 Cloverdale 1314 Brick, Siding 1960 0.19 Rented $750.00 N/A
10 1000 W 55th St North Little Rock 0/14 55th Sreet Addn 1825 Brick 1956 0.22 Rented $925.00 N/A
11 709 Water St North Little Rock 0/186 Rich Acres 2150 Vinyl 1950 0.28 Rented $925.00 N/A
12 6012 Lyndell Dr Little Rock 0/35 Lyn Dell Acres 1700 Siding 1965 0.2 Rented $775.00 N/A
13 6005 Buckles Dr North Little Rock 30/6 Sky Way 1854 Brick, Vinyl 1969 0.3 Rented $900.00 N/A
14 3 Luau Dr Sherwood 0/61 Bamboo Village 1432 Brick 1972 0.23 Vacant N/A $880.00
15 11 Greenway Ct Jacksonville 0/102 Woodbriar 1314 Siding 1984 0.14 Rented $745.00 N/A
16 1818 W 36th St North Little Rock 0/13 Shady Ridge Addn 1335 Brick 1960 0.17 Rented $675.00 N/A
17 9 Duval Circle Little Rock 0/38 Chicot Terrace 1066 Brick 1965 0.28 Rented $650.00 N/A
18 7525 Shady Grove Rd Little Rock 0/1 Woodbriar 1053 Brick 1967 0.31 Vacant N/A $710.00
19 14 Westmont Cir Little Rock 0/266 Meadowcliff 1008 Vinyl 1957 0.21 Rented $750.00 N/A
20 8616 Winston Dr Little Rock 0/37 Winston Sub 1230 Siding 1962 0.15 Rented $675.00 N/A
21 8519 Winston Dr Little Rock 0/24 Winston Sub 1248 Siding 1962 0.17 Rented 700.00 N/A


Legal Descriptions & 2017 Real Estate Taxes

Legal Description, Property 5

Property Information Packet

Property 1, Lease Agreement

Property 2, Lease Agreement

Property 3, Lease Agreement

Property 4, Lease Agreement

Property 5, Lease Agreement

Property 6, Lease Agreement

Property 7, Lease Agreement

Property 8, Lease Agreement

Property 9, Lease Agreement

Property 10, Lease Agreement

Property 11, Lease Agreement

Property 13, Lease Agreement

Property 15, Lease Agreement

Property 16, Lease Agreement

Property 17, Lease Agreement

Property 20, Lease Agreement

Property 21, Lease Agreement

Auction Location

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