ATTENTION: LAKE OUACHITA ENTHUSIASTS, LANDLORDS & INVESTORS!
(3) Excellent Income-Producing Rental Properties on 1.8+/- Acres w/Frontage on HWY 27 between Mt. Ida & Story, AR ~ Walking Distance to a Boat Launch Ramp into Extreme Northwest Lake Ouachita w/Excellent Fishing, Public Duck Hunting & Deer Hunting ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
REAL ESTATE DESCRIPTION: Don't Miss this Incredible Opportunity to Purchase (3) Excellent Income-Producing Rental Properties on 1.8+/- Acres w/Frontage on HWY 27 between Mt. Ida & Story, Arkansas SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Walking Distance to a Boat Launch Ramp into Extreme Northwest Lake Ouachita w/Excellent Fishing, Public Duck Hunting & Deer Hunting ~ First House is 1,120+/- SF, 2 Bedroom/ 1 Bath w/New HVAC System & Dishwasher, Brick & Siding Exterior (VACANT) ~ Second House is 1,800+/- SF, 3 Bedroom/ 3 Bath Siding Exterior, Month-to-Month @ $725.00 Per Month ~ Third House is a 1,080+/- SF, 2 Bedroom/ 1 Bath 2-Story Red Barn, Month-to-Month @ $550.00 Per Month ~ Newer 140' Deep Well Services All 3 Homes ~ New Roofs ~ Electricity & Septic System ~ Property Shown by Appointment Only! ~ Offers Made Prior to Auction Day are Welcome & Encouraged!
INSPECTION: Property can be Viewed by Appointment ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration 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: $1,814.31
SCHOOL DISTRICT: Sims or Mount Ida
TERMS: $20,000.00 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 any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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