ABSOLUTE REAL ESTATE LAND AUCTION
PRIME LOCATION Investment Opportunity!
Ended: 04/30/21 at 2:00 PM CDT
ATTENTION: DEVELOPERS, BUSINESS OWNERS & REAL ESTATE INVESTORS!
ABSOLUTE LAND AUCTION
Friday, April 30th at 11:00AM
SELLING REGARDLESS OF PRICE ON AUCTION DAY
Corner of Westinghouse DR., McClendon Rd. and Grand Ave. at Exit 5 off 70B in Hot Springs, AR. 71901
REAL ESTATE DESCRIPTION: This 3+/- Acre Tract is a Prime Development Property. Accessibility to the Property is perfect from Hwy. 70B East & West off EXIT 5.
City Utilities available along with a Well & Septic. This Property has Easy Access and High Visibility from both directions. Just OUTSIDE Hot Springs City Planning Zone this Properties Opportunities and Possibilities are Endless and May include but limited to Commercial Development, Multi-Family, Single Family, RV Park, Mobile Home Park, Convenience Store, Retail Lot, the opportunities are just endless. Exceptional Income Potential. Cutter Moring Star School is just across the highway. Close to Down Town Hot Springs National Park, Oaklawn Race Track and Casino, Magic Springs Theme Park, Hot Springs Convention Center, Lake Hamilton and so much more.
Don’t miss this tremendous business and investment opportunity to own this Prime Property, name your price! Selling Regardless of Price on Auction Day!
Offers Made Prior to Auction Day are Welcome!
Lenders Title Company, Closing Agent: Shanda Dunlap
110 Ouachita Avenue, Hot Springs, Arkansas 71901 (501) 624-2541
Taxes: Approx. $185.00 per year
School District: Cutter Morning Star
TERMS: $10,000 down day of sale in certified funds or approved check. Title insurance and warranty deed furnished at closing, closing within 30 days, 10% buyers premium. Announcements made day of sale take precedence over all advertising.
INSPECTION: Can be Inspected anytime, contact Auctioneer/Broker, Nick Fowler at 870-356-4848 to schedule an Appointment to View this Prime Property or drive by Anytime look it over spend all the time you want.
LIVE ON-SITE TERMS: $10,000 in the form of a Cashier’s Check made Payable in Your Name or Fowler Auctioneers, Inc. Down Day of Auction. Balance Due at Closing, Closing within 30 Days. Title insurance and warranty deed furnished at closing. 10% buyer’s premium. Announcements made day of sale take precedence over all advertising. Bids from pre-bidding will convey to live auction.
This form MUST be completed and received by Fowler Auctioneers at least twenty-four (24) hours prior to the auction. Forms may be faxed to 870-356-4225. Forms must be received prior to deadline. Receipt of faxes is not guaranteed, please follow up with a call to our office. Broker; Nick Fowler, Fowler Auctioneers, Inc. If the Client has previously been in direct contact with a representative from Fowler Auctioneers Inc. or is part of our Client Mailing List, the Broker/Sales Associate will not qualify for a commission.
No Exceptions to these terms and conditions.
Fowler Auctioneers, Inc. is acting exclusively as an agent for Seller and not as an agent for any Bidder or Buyer. No third-party broker is acting as a sub-agent of Auctioneers. All properties are absolutely sold “as is, where is” with no contingencies. Announcements made day of sale take precedence over all advertisement. All information given orally or in writing was derived from sources believed to be correct but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records.
ONLINE BIDDING TERMS:
$10,000 Down at the conclusion of the auction, balance due at closing within 30 days, title insurance and warranty deed furnished at closing, 10% buyer premium. Bids from pre-bidding will convey to live auction.
DOWN PAYMENT is non-refundable and must be paid in full via Wire Transfer at the conclusion of the auction with the balance due in 30 days at closing. Purchaser will receive a general warranty deed at closing. additionally, seller will provide purchaser an “owners” title insurance policy at closing. Buyer and Seller will be responsible for their closing cost. Bids from pre-bidding will convey to live auction. If you are the successful purchaser you will be contacted at the conclusion of the auction. Participation Requirements: Valid credit card required for bidding approval, name, valid address, and valid email address. NO EXCEPTIONS!! All property is sold ‘AS IS’. There will be a $20.00 fee assessed for the wire transfer. Buyer’s Contract: Fowler Auctioneers, Inc. website/bidding platform are a contract, and you are responsible for paying all amounts due. Seller/Fowler Auctioneers, Inc. has the right to accept or reject any and all offers.
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Fowler Auctioneers, Inc. represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Offers Made Prior to Auction Day are Welcome! In the case a pre-auction offer is made to our office, we will then present to the seller, if the seller accepts the offer the property will become sold and the auction will be canceled. All bidders will be notified.
Take exit 5 off 70B, exit ramp is across the street from property.