Auction Details
REAL ESTATE AUCTION
SATURDAY APRIL 12
11:00 AM
5487 HWY 8 West
Mena, AR
Directions: Appx 10 miles NW of Mena on HWY 8.
This incredible retreat-like property features an approximately 1,607 sq ft, 3-bedroom, 2-bath home with a spacious open kitchen/living area and a wrap-around deck perfect for taking in the serene views. The home boasts a durable metal roof and rural water, complemented by a well for watering plants.
The property includes a variety of outbuildings to enhance your lifestyle. A 30’x50′ insulated metal building with a slab floor offers two 10′ roll-up doors, a loft for extra storage, and a 2-post 8,000 lb lift. Additionally, there is a 24’x36′ insulated 3-car garage with a slab floor and two roll-up doors, a 22’x40′ pole building, a 12’x32′ unfinished cabin that would make an ideal guest house, a 12’x20′ garden shed, a 2-car carport, and an 8’x12′ well house. The property is secured with an automatic gate and spans approximately 6.4 acres, providing ample space to explore and enjoy the outdoors.
Nestled in a breathtaking setting, surrounded by a running creek on two sides, this property offers a tranquil retreat from the hustle and bustle of city life. Enjoy proximity to parks, ATV trails, and the national forest.
10% Buyer’s Premium. Click on “terms” tab for a full list of terms.
Note: Our owners are moving out of state and must sell this exceptional home. Everything has been well maintained, and it is ready for a new owner.
All announcements day of sale supersede this ad
Terms and Conditions
Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
(479) 996-4848
Terms
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. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due within 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies, buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
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.
Location
