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This property is currently vacant with no mobile homes and is not being operated as a mobile home park. At one time in and around 1990, it was operated as a 40-unit mobile home park. It is a zone as a mobile home park. It is currently grown up and they are a couple of old boats and cars along with a mobile home that will need to be torn down or removed. It has septic tanks and well water, but we are unsure if the skeptics are up to code. It has an asphalt driveway throughout. It also has approximately 40 electric hooks up, but not sure if they are all in working condition. The major value is in the land and location being one and a half miles from one of the busiest lakes in Central Arkansas Lake Hamilton and only seven miles from Oaklawn Horse racing park. We feel this could be an amazing RV or mobile home park and the value is its location.
Stats:
- Garland County
- Sales Price: $229,000.00
- $40,000.00 Down
- 6 Years Balloon
- 30 Years Amortization
- 5% Interest Rate
- $805.00 payments over 6 years
Disclosure: We have an assignable Purchase & Sale Agreement that will allow us to purchase this property. We are selling the Purchase & Sale Agreement that will enable you to buy the property. No conventional financing is entitled—to cash, private lending, or hard money only. Price is net to seller, and buyer pays all closing costs, property sold in as-is condition, the buyer is responsible for their due diligence and verifying all facts and figures regarding purchasing the property. Agents, please add your commission to the Price when marketing to clients. Wholesalers, don't hesitate to get in touch with us if you have interested buyers. The opinion of value is given as a courtesy only as the seller makes no guarantees or warranties, express or implied, as to the value or condition of the property.
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