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Date: Saturday, October 6, 2007 at 10 AM
Location: 3025 Albert Pike, Hot Springs, Arkansas
Description: 11 acres +/-, 1200 ft lake frontage, business, warehouse...
Own one of the largest lake commercial
tracts available in Hot Springs, Arkansas. The possibilities are endless
for the subject property located at the first major intersection from the
West. This property is owned by one family member who is selling to retire
and intends to liquidate several pieces of property the day of auction.
Located in Hot Springs Arkansas, a thriving and growing resort town known
for lake activities, live thoroughbred horse racing and retirement living,
the property consists of the following:
- Eleven plus/minus acres
- 1200 feet of lake frontage on beautiful Lake Hamilton
- 682 feet of Highway 270 Frontage
- Highest traffic count in Garland County
- Operating RV park with 80 pull thru sites with all amenities
- 2700 square foot operating business showroom
- 200, 0000 square feet of warehouse space
- 3800 square foot Lakefront residence
This property offers many uses for both commercial and
investment purposes. Other properties of the owner will be added to the
site as the auction approaches but you do not want to miss this one.
Terms: $50,000 certified funds required to bid.
10% buyer’s premium to be added to contract sales price to determine final
bid. Balance due in 30 days. Title insurance and warranty deed provided
at closing. Property selling subject to owner confirmation.
Tract 2: 2.2 acres with 210 feet of lake frontage on Lake Hamilton.
Property is cleared and ready to develop with all utilities available.
Property includes pt of lot 9 and all of lots 10 & 19 of Chappell
Hill Resurvey subdivision. This property could be divided or all for one
use. Very few pieces of property left this size on Lake Hamilton
undeveloped. New survey on file.
Tract 3: 1.1 acres in Hot Springs ready to develop.
1.1 acres located in the city of Hot Springs but not in a
subdivision. Close to the hospital and thoroughbred horse racing the
property has many possible uses. All utilities are in place and ready to develop.
Level and cleared for the new owner. Lot dimensions are 162 x 300 x 162 x 300.
Home on the property has no value.
Tract 4: Lake lot for home or cabin (1500 sq ft minimum).
Lake lot. Nice lake lot located on the shores of Beautiful
Lake Hamilton. Close in and ready to build on. Cody Terrace is a paved
road a gravel driveway into the property. One of the last affordable
lake lots to build your own personal lake home or cabin. 1500 sq. ft
minimum on main floor includes garage. Lot measures 55 x 175 x 75 x 185.
Tract 5: 3.41 acres with 620 feet of lake frontage.
Great investment opportunity. 620 feet on Lake Frontage
on Lake Hamilton in Hot Springs Arkansas with year around water. Property
has a total of 3.41 acres that is cleared and ready to build on. Do not
miss this once in a lifetime opportunity to own this property.
Tract 6: 1400 sqft home with 3/4 bedrooms.
PERFECT FOR FIRST TIME BUYER OR INVESTOR.
Almost 1400 sq ft home 3 or 4 br in city. Metal siding with hardwood floors
and freshly painted. 1 block off a?main street. Close to all.
Tract 7: 3bed/2bath home, 1560 sqft on 10 acres, could be subdivided.
COULD SUBDIVIDE THIS ONE. 3BR/2BA Approx.1560 sq ft home
sitting on 10 beautiful acres. Perfect for subdividing. City water,natural gas.
The city is growing in that direction. House currently rented for $850/month.
Survey on file.
Tract 8: .33 acre lot on lake with 306 ft
of concrete seawall, 2400 sq ft home, could be divded into 3 lots.
ONLY A FEW REMAIN LIKE THIS ONE. 1.33 acre level lot on
lake with 306 ft of concrete seawall and all utilities. No dirt work needed,
ready for development. Could be 3 lots. close to everything. boat dock,
boat ramp,fantastic view. Approx 2,400 sf house on property. With some
work could be a wonderful lake home.
Listing Agent: Judy Mullings, 501-627-2531,
hometowngirl@realtor.com
For More Information: Mike Griffin, AALB # 1863, 501-282-3333,
mike.griffin@crye-leike.com or
Clark Kitchens, AALB # 1441, 501-844-6460,
ckitchens@crye-leike.com
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