Auction Description

Lake Hamilton Lakefront Lot Auction!

On Wednesday, October 8th at 11:00 AM, Wilson Auctioneers will sell this Incredible 2.63± Acre Development Tract with Over 1,000 Ft. Prime Lake Hamilton Frontage & Over 400 Ft. Highway 270 Frontage in Garland County, Arkansas.

Property Highlights

• 1,033± Ft. of Prime Lake Hamilton Frontage with Incredible Lake Views.
• 416± Ft. of Highway 270/ Albert Pike Road Frontage with 9,800 Vehicles Per Day Traffic Count.
• 2.63± Acres of Prime Arkansas Land with Commercial & Residential Development Potential.
• Cleared, Mostly Level & Ready to Develop.
• Dirt Work Completed Including 300 Loads of Fill Dirt for Site Elevation & Preparation.
• Electricity Available at Highway.
• Outside of City Limits.
• Less than 5 Miles from the West End of the MLK Expressway (Hot Springs Bypass).
• Lake Hamilton School District.

Auction Details:

• Date & Time: Wednesday, October 8th at 11:00 AM
• Location: 5141 Albert Pike Rd, Royal, AR 71968
• Terms: 10% Buyer’s Premium | $50,000.00 Earnest Money | Close within 30 days

Don’t miss your chance to buy this incredible Lake Hamilton property at auction!

REAL ESTATE DESCRIPTION: 2.63± Acres of Prime Develop Land with 1,033± Ft. of Prime Lake Hamilton Frontage with Incredible Lake Views & 416± Ft. of HWY 270/ Albert Pike Road Frontage with an Average Daily Traffic Count of 9,800± Vehicles Per Day ~ Excellent Commercial & Residential Development Potential ~ Dirt Work Completed, Including 300 Loads of Fill Dirt for Site Elevation & Preparation ~ Electricity Available at Highway ~ Outside of City Limits ~ Less than 5 Miles from the West End of the MLK Expressway (Hot Springs Bypass) ~ Lake Hamilton School District ~ Drive by & Inspect this Tract at Any Time ~ Any Questions, Contact Agent Doug Westgate at 501-815-4004 ~ Offers Made Prior to Auction Day are Welcome!

INSPECTION: Drive by Anytime to View this Property! ~ Call Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ 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 2024: $961.11

TERMS: $50,000.00 Cashier’s Check made Payable to 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.