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Welcome Houston Texas Buyers that will be helping Veterans and Battered Women.
ATTENTION: LAND DEVELOPERS, RV PARK OWNERS, REAL ESTATE INVESTORS, HUNTERS, ROCK QUARRIES!
108+/- ACRES REAL ESTATE LAND
Live on Location with Online Pre Bidding
Thursday, June 16th 2022, at 11am
This 108+/- Acre Property offered in Tracts, any Combination of Tracts, and its Entirety.
NOTE: Tract Maps are now built and printable under the tract map tab.
Property Inspection: Sunday, June 12th 1:00 until 3:00 PM
Property Location: Polk Road 482 Cove (Hatton) AR. 71937 Hatton is about halfway between Cove AR. and Wicks AR. on Hwy 71 and 27 Minutes south of Mena AR.
Auction will be held at the Hatton Baptist Church Fellowship Hall directly beside the auction property.
Real Estate Description: 108+/- Undeveloped Acres Wooded, Pasture, Rock Quarry and 4 Ponds. This property has a lot of Rock and Shale that the County used to crush, there remains to be much more that can be crushed. There are endless building sites and development opportunities, new home construction, cabins, ATV park campground, mini farm or whatever you may have in mind. There is power and rural water available along Polk Co. Rd 482.
Unforgettable adventures and natural beauty are close by, canoeing and kayaking the Cossatot River, boating nearby lakes, fishing, and hunting. There is some marketable timber as well.
Wolf Pen Gap ATV Park and Trails is approximately 30 miles by car or closer by gravel road, Cossatot River is approximately 20 miles, Mena is approximately 20 miles, Oklahoma State Line is approximately 15 miles, Gilham Lake is approximately 20 miles.
The South side of the county road is a former gravel quarry with the remaining opportunity to resume operation. On the south side also has a real nice size spring fed pond with expansion possibility. Overlooking the pond is beautiful views of numerous mountains with opportunities for building, RV spaces etc.
Do not miss this tremendous business and investment opportunity to own an excellent development property!
Information Days & Property Inspection: Drive by anytime or by appointment, contact Auctioneer/Broker Nick D. Fowler at 870-356-4848
Real Estate Taxes: Approximately $197.00 per year for entire property.
Closing Company: Martin Title and Closing Service 906 4th St, Mena, AR 71953. (479) 394-1963
Survey Cost: If sold in separate tracts, the survey cost will be $900.00 per tract for Tracts 1,4,5,6,7&8 and will be split 50/50 between Buyer/Seller. $750.00 per tract for Tracts 2 & 3. If this property is sold in its entirety a boundary survey will be $3,000.00 split 50/50 between Buyer/ Seller.
Tract 1= 23+/- Acres is out of the Auction, family member is retaining.
Tract 2= 3.5 ± Acres Lightly Wooded corners Polk Road 482 and 268 Good Building Spot
Tract 3= 3.5±Acres Pasture and lightly Wooded om Polk RD. 482 Good Building Spot
Tract 4=12.5 ±Acres Pasture, Lightly Wooded, Pond, fronts Polk RD. 482
Tract 5=16.5 ±Acres Pasture, Lightly Wooded, Pond, fronts Polk RD. 482
Tract 6=21±Acres Heavy Timber
Tract 7=23 ±Acres Prime Rock and Shale Quarry, Pond, Concrete Slab for RV or Building with building spots and RV and Camping areas, fronts Polk RD. 482
Tract 8=28± Acres Prime Rock and Shale Quarry, Huge Spring Fed Pond, Building Spots and RV and Camping areas with Breath Taking Views, fronts Polk RD. 482
If you need more information, please contact our office at 870-356-4848.
Please read all Terms and Conditions, if you are not clear about any of the Terms please feel free to contact our office at 870-356-4848
Live On Location Terms: $5,000.00 down per tract day of auction in cashiers or pre-approved check. Title insurance and warranty deed furnished at closing, closing within 30 days. 10% buyer’s premium. Property Sold “As, where is”. Announcements made day of sale take precedence over all advertising. If sold in Tracts the survey cost will be split 50/50 between buyer and seller. A 90 day easement will be given to the buyer across Tract 7 to Tract 8 for road building purposes.
If purchase as a whole (108+/- Acres) the down payment will only be $15,000 day of auction.
Closing Agent: Martin Title and Closing Service – 906 4th St, Mena, AR 71953. (479) 394-1963
DOWN PAYMENT Live Auction: A non-refundable down payment must be paid in full at the conclusion of the auction the balance due in 30 days at closing.
1% Commission of the Net Buyer’s Premium paid at closing.
Client is the successful bidder who closes on the terms of the contract, including closing within 30 days of the effective contract date.
Client must be registered 72 hours prior to Auction. (See form on Tab 4)
Broker/Sales Associate must attend the Auction with the Client.
The Client must fully complete and execute a Bidder Registration Form on the day of the Auction.
No oral registrations will be accepted.
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.
Pre-Online Bidding Terms: $5,000.00 down per tract at the conclusion of the auction or next business day in the form of a wire transfer (see down payment instructions below) , balance due at closing within 30 days, title insurance and warranty deed furnished at closing, 10% buyer premium. Property Sold “as is, where is”, Announcements made day of sale take precedence over all advertising. ( If you are the winning bidder you will be contacted next business day) If purchase as a whole (108+/- Acres) the down payment will be $15,000 day of auction.
DOWN PAYMENT Online Bidding is non-refundable and must be paid in full via Wire Transfer at the conclusion of the auction or next business day with the balance due in 30 days at closing. Purchaser will receive a general warranty deed at closing. Seller will provide purchaser an “owners” title insurance policy at closing. If sold in Tracts the survey cost will be split 50/50 between buyer and seller. Buyer and Seller will be responsible for their closing cost. Bids from online pre-bidding will convey to live 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: Your bids placed on the Fowler Auctioneers, Inc. website/bidding platform are a contract and you are responsible for paying all amounts due. Non-paying bidders or fraudulent bidding will subject you to legal recourse and possible criminal charges including any fraud and/or interstate commerce violations. The Seller/Fowler Auctioneers, Inc. has the right to accept or reject any and all bids/offers. All auctions are recorded.
Online Bidding Payment: A non-refundable down payment must be paid in full via Wire Transfer at the conclusion of the auction or next business day with the balance due in 30 days at closing.
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.
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.
You acknowledge that the internet may be an unreliable and error-prone network. Fowler Auctioneers, Inc. will not guarantee that bids placed online will always be transmitted to or received by the auctioneer in a timely fashion. You agree to hold Fowler Auctioneers, Inc. and its employees harmless for any interruptions in online bidding. At the sole discretion of the Company, the auction may be suspended, postponed, or cancelled if internet service is unstable or disrupts the online portion of any auction, including pre-bidding or live.
The following terms and conditions shall apply to all auctions held, regardless of the type, size or kind of auction. Specific terms and conditions may be modified at any time prior to the commencement of the auction by Fowler Auctioneers, Inc. Any Bidder/Buyer agrees to abide by these terms and conditions or the terms and conditions of any future Fowler Auctioneers, Inc. auctions.