Auction Description

AUCTION LOCATION: 301 W. Main Street, Perryville, AR 72126

ATTENTION: RESIDENTIAL & COMMERCIAL REAL ESTATE BUYERS, LANDLORDS, REAL ESTATE INVESTORS & DEVELOPERS!

20 Commercial & Residential Properties ~ All in Perryville, AR, Selling at No Reserve Auction! ~ 8 Homes, 1 Duplex, 6 Commercial Buildings & Over 40 Acres of Prime Development Land! ~ ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DETAILS: Don’t Miss this Opportunity to Purchase One or up to 20 Commercial & Residential Properties ~ All in Perryville, AR, Selling at No Reserve Auction! ~ 8 Homes, 1 Duplex, 6 Commercial Buildings & Over 40 Acres of Prime Development Land! ~ EVERY PROPERTY IS SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ For Additional Information, Photos & Online Bidding Instructions, Visit WilsonAuctioneers.com or Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com or Call our Office at 501-624-1825.

LIST OF PROPERTY ADDRESSES & DESCRIPTIONS:

(PROPERTY 1) 504 SCENIC DRIVE: 2,064+/- SF Brick & Siding Home Built in 1968 on a 1.39+/- Acre Lot Across from Perryville School & the Fire Station ~ 3 Bedroom/ 3 Bath with Outbuilding.

(PROPERTY 2) 316 APLIN AVENUE: Block 6, Lots 5-8 Perryville Original ~ 1,600+/- SF Duplex Built in 1960 on a 60x180’ Lot, 2 Bedroom/ 1 Bath Each Side.

(PROPERTY 3) 403 S. PINE STREET: 1,680+/- SF (28x60’) 1998 3 Bedroom/ 2 Bath Mobile Home on 0.15+/- Acres on the Corner of C St. & S. Pine St. ~ Well Maintained.

(PROPERTY 4) 112 MAGNOLIA STREET: Part of Block 15 Perryville Original ~ 1,245+/- SF 2-Story Home Built in 1910 with 20x30’ Metal Shop Building on a 100x125’ Corner Lot Fronting on S. Magnolia St. & W. Main St.

(PROPERTY 5) 413 APLIN AVENUE: Block 2, Lots 7 & 8 Perryville Original ~ 654+/- SF Home Built in 1950 on a 60x90’ Lot, 1 Bedroom/ 1 Bath.

(PROPERTY 6) 300 SIXTH STREET: 0.49+/- Acre Vacant Corner Lot ~ Prime Development Tract with Utilities in a Block Already Containing an Apartment Complex, Residential Housing & a Church ~ Property has Frontage on W. 6th St. & N. Pine St. 1 Block East of Perryville School.

(PROPERTY 7) 200 BLOCK OF S. PLUM STREET: West ½ of Block 22 Perryville Original Subdivision ~ 90x180’ Lot ~ Excellent Building Site, Mostly Cleared, Level & Ready to Build with City Utilities Fronting on S. Plum St., B St. & A St. ~ 2 Blocks South of Main Street & Town Square.

(PROPERTY 8) 2221 HWY 9: 15+/- Acres Lying West of N. Fourche Ave./HWY 9/10 on the North Edge of Perryville with All City Utilities Containing a 1,584+/- SF Rock Exterior Home with Metal Roof Built in 1920 & Multiple Outbuildings.

(PROPERTY 9A) 500 BLOCK OF B STREET: South ½ of Block 16 Perryville Original Subdivision ~ 90x180’ Lot ~ Excellent Building Site, Mostly Cleared, Level & Ready to Build with City Utilities Fronting on S. Cedar St., B St. & S. Oak St. ~ 2 Blocks South of HWY 60 ~ Property 9A will be Offered Individually & in Combination with Adjoining Property 9B.

(PROPERTY 9B) 515 A STREET: West 1/3 of the North ½ of Block 16 Perryville Original Subdivision ~ 60x90’ Lot Cleared Level & Ready to Build with City Utilities Fronting on S. Cedar St. & A St. 2 Blocks South of HWY 60 ~ Property 9B will be Offered Individually & in Combination with Adjoining Property 9A.

(PROPERTY 10A) 1200 BLOCK OF MOUNTAIN VALLEY DRIVE: 3.8+/- Wooded Acres Lying on Both Sides of Mountain Valley Dr., Less than ½ Mile West of HWY 9/10 ~ Property Would Make an Excellent Residential Development ~ Property 10A will be Offered Individually & in Combination with Adjoining Property 10B.

(PROPERTY 10B) 1100 BLOCK OF MOUNTAIN VALLEY DRIVE: 1.47+/- Wooded Acres Lying East of Mountain Valley Dr. & South of Property 10A, Less than ½ Mile West of HWY 9/10 ~ Property Would Make an Excellent Residential Homesite ~ Property 10B will be Offered Individually & in Combination with Adjoining Property 10A.

(PROPERTY 11) 110 S. FOURCHE AVENUE: Part of Block 23 Perryville Original ~ 0.54+/- Acres ~ 2,704+/- SF Concrete Block Building Currently an Automotive Repair Shop with Several Overhead Doors Fronting on S. Fourche Ave./HWY 9/10 & W. Main Street.

(PROPERTY 12A) 138 HOUSTON AVENUE: 4+/- Acres of Mostly Cleared, Gently Sloping Vacant Development Land with All Utilities Lying North & East of Harp’s Food Store & West & South of Valley Street ~ Property has Frontage Along Houston Ave./HWY 60 & Valley Street ~ Property 12A will be Offered Individually & in Combination with 12B & 12C.

(PROPERTY 12B) 154 E. VALLEY STREET: 1,296+/- SF Brick Home Built in 1980 with Metal Roof & 20x30’ Shop Building on 3+/- Acres Lying North of Valley Street & North of Property 12A ~ Property 12B will be Offered Individually & in Combination with 12A & 12C.

(PROPERTY 12C) 118 E. VALLEY STREET: 1,632+/- SF Brick Home Built in 1980 with Enclosed Porch & Deck on 2+/- Acres Fronting on N. Fourche Ave./HWY 9/10 & Lying North of Valley Street & West of Property 12B ~ Property 12C will be Offered Individually & in Combination with 12A & 12B.

(PROPERTY 13) N. FOURCHE AVENUE: 7.75+/- Acres of Prime Commercial or Residential Development Land Cleared, Level & Ready to Build with All City Utilities Directly Across HWY 9/10 from Harp’s Food Stores & North of Farmers & Merchants Bank ~ Highway Frontage on N. Fourche Ave./HWY 9/10 & Road Frontage on W. Valley Street & N. Pine Street.

(PROPERTY 14) 1000 BLOCK OF N. FOURCHE AVENUE: 2.15+/- Acres of Mostly Cleared, Level Vacant Development Land with All Utilities Lying North of the Perry County Health Unit & West of the U.S. Forestry Service Building ~ Property has Prime Highway Frontage Along Houston Ave./HWY 60.

(PROPERTY 15A) N. FOURCHE AVENUE: Block 8, Lots 1-4 Van Dalsem’s Subdivision ~ 0.86+/- Acres ~ Excellent Building Site, Mostly Cleared, Level & Ready to Build ~ Property Sits Directly behind Farm Bureau Insurance with Deeded Access from N. Fourche Ave./HWY 9/10 & Houston Ave./HWY 60 ~ Property 15A will be Offered Individually & in Combination with Adjoining Property 15B.

(PROPERTY 15B) HOUSTON AVENUE: Part of Block 9 Van Dalsem’s Subdivision ~ 1.2+/- Acres ~ Excellent Building Site, Mostly Cleared, Level & Ready to Build ~ Property Adjoins Sonic & Perryville Family Dentistry with Frontage Along Houston Ave./HWY 60 & Access from N. Fourche Ave./HWY 9/10 ~ Property 15B will be Offered Individually & in Combination with Adjoining Property 15A.

(PROPERTY 16) 209 WILLIAMS COMPLEX DRIVE: 840+/- SF Commercial Building Built in 1976 & Well Maintained on 0.64+/- Acres with Room for 5 More Similar Buildings ~ Williams Complex Drive Splits the Property with Additional Road Frontage on A St. & B St. ~ Across from the Fire Station & USPS Building 1 Block West of HWY 9/10.

(PROPERTY 17) 208 W. MAIN STREET: Part of Block 9 Perryville Original ~ 3,000+/- SF Main Concrete Block Building Currently a Hair Salon Fronting on W. Main St. & a 1,440+/- SF Building with Garage Fronting on Aplin Ave. on a 40x180’ Lot Close to Town Square.

(PROPERTY 18) 205 W. MAIN STREET: Part of Block 8 Perryville Original ~ 2,022+/- SF Home with 2-Car Carport on an 80x135’ Lot Close to Town Square ~ Currently the Prosecuting Attorney’s Office.

(PROPERTY 19) S. FOURCHE AVENUE: 0.13+/- Acre Triangle Shaped Lot Along S. Fourche Ave./HWY 9/10 on the South End of Perryville.

(PROPERTY 20A) 303 W. MAIN STREET: Block 7 Lots 11 & 12 Perryville Original ~ 2,280+/- SF Brick Building Remodeled in 2019 on a 60x90’ Lot in Town Square ~ Formerly Mustang Sally’s Restaurant with Adjoining Outdoor Courtyard ~ Building is Currently Vacant ~ Property 20A will be Offered Individually & in Combination with 20B & 20C.

(PROPERTY 20B) 309 W. MAIN STREET: Block 7 Lots 9 & 10 Perryville Original ~ 8,556+/- SF 2-Story Rock & Brick Quadraplex Office/Warehouse Building on a 60x90’ Lot in Town Square ~ Currently Rented for $ /mo. ~ Property 20B will be Offered Individually & in Combination with 20A & 20C.

(PROPERTY 20C) 313 W. MAIN STREET: Block 7 Lots 5-8 Perryville Original ~ 4,140+/- SF Brick Office Building on a 60x180’ Lot in Town Square ~ Currently Utilized as an Office Building ~ Property 20C will be Offered Individually & in Combination with 20A & 20B.

INSPECTION: Drive by these Properties Anytime, Please Respect the Tenant’s Privacy on Rented Properties ~ Contact our Office at 501-624-1825 with Questions ~ Auctioneers will be at Auction Location at 10:00 a.m. on Auction Day for Bidder Registration.

CLOSING COMPANY: Perry County Title ~ Closing Agent: Mandy Gill (mandy@perrycountytitle.com) ~ 110 N. Pine Street, Perryville, AR 72126 ~ (501) 889-2461 ~ Fax/ 889-5927.

REAL ESTATE TAXES FOR YEAR 2023:

Property #    Tax Amount

1                   $   766.12

2                   $   772.28

3                   $   423.37

4                   $   543.06

5                   $   248.61

6                   $     61.54

7                   $     80.00

8                   $   786.05

9A                 $     64.10

9B                 $     34.36

10A               $   175.38

10B               $     27.08

11                  $1,695.32

12A & B         $   929.81

12C               $1,014.11

13                  $3,802.41

14                  $   150.15

15A                $   415.37

15B                $   888.68

16                  $   874.32

17                  $1,035.34

18                  $   974.73

19                  $   153.84

20A, B & C    $4,765.96

SCHOOL DISTRICT: Perryville

TERMS: (PROPERTIES 8, 11, 13) $20,000.00 (Per Property) ~ (PROPERTIES 1, 2, 4, 12A, 12B, 12C, 15B, 16, 17, 18, 20A, 20B, 20C) $10,000.00 (Per Property) ~ (PROPERTIES 3, 5, 14, 15A) $5,000.00 (Per Property) ~ (PROPERTIES 6, 7, 9A, 9B, 10A, 10B, 19) $2,500.00 (Per Property), All in the Form of a 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.