Searcy, AR 72143,194 Fairview
Searcy, AR 72143,194 Fairview
Searcy, AR 72143,194 Fairview
Searcy, AR 72143,194 Fairview
Searcy, AR 72143,194 Fairview
Searcy, AR 72143,194 Fairview
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$450,000

Est.Price: ?

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Est. payment /mo

5 Acres Lot


SOLD DATE : 04/05/2024

Key Details

Property Type Multi-Family

Sub Type PKG Single Family

Listing Status Sold

Purchase Type For Sale

Subdivision Metes & Bounds

MLS Listing ID 24002362

Sold Date 04/05/24

Style Other (see remarks)

Lot Size 5.000 Acres

Acres 5.0

Property Description

Property has solid income with the opportunity to increase value by paving the drive, and filling the vacant pad. No history of septic issues and was just pumped and inspected in September. The fact that all but the stick-built home are tenant-owned via owner finance contracts means that the maintenance costs for the owner should be minimal. This is a great benefit for those looking to invest in a property with minimal upkeep and maintenance expenses. Overall, this property presents a great investment opportunity for those looking to increase their portfolio and generate additional revenue. The improvements mentioned have the potential to increase the value of the property and make it even more attractive to potential buyers in the future. *Seller is willing to owner finance/carry a significant amount of the purchase price at the following terms: $300,000.00 paid at time of closing via cash or third party financing. The remaining balance of $150,000.00 paid monthly from Buyer to Seller at an interest rate of 8.5% amortized over 30 years to balloon in 5 years. Monthly principal and interest payments to be $1153.38

Location

State AR

County White

Area White County (Nw)

Zoning ?

Rooms

Kitchen None

Interior

Heating Other (see remarks)

Flooring Other (see remarks)

Equipment None

Exterior

Parking Features Parking Pads

Utilities Available Septic, Water-Public, Electric-Municipal

Roof Type Other (see remarks)

Building

Lot Description Level

Foundation Slab

New Construction No

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Listed by Coldwell Banker Village Communities • Bryton Crowell
Bought with Coldwell Banker Village Communities
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(501) 291-1165

brandon@bkmoffitt.com

Arkansas Texas, United States

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