Lot Zoned for Multi-Family Investment on Lake Mirandy AR
Sharp
AR

Coordinates:

36.274155

,

-91.532704
0.08 acre(s)
$ 15,000
$ 12,200
$ 150 down
$ 199 /month
61 months

Located in desireable Northeastern Arkansas, this cozy and affordable 0.08-acre lot has the potential to double in monthly income stream.

The Arkansas market is BOOMING right now. With bluffs, waterfalls, four seasons, fall colors, and mild winters, everyone up north is moving here.

This property is steps away from Lake Mirandy and Wild Plum Lake on a gorgeous wooded lot.

It's zoned “Medium Density Residential (R-2) which means you can build duplexes on this lot! So instead of only getting one passive income check a month, you could be getting two from this one property!

Sure, there’s some upfront cost in getting a home or two on the place, whether building or bringing in a mobile home (10 years or less), but before you know it this property could be paying for itself and then some!

Utilities:
Water: Would have to drill a well or alternative.
Sewer/Septic: Would need to install a septic.
Electric: Would have to contact Entergy 1-800-368-3749 or North AR Electric(NAEC) 870-895-3221 or 870-994-2191
Gas: Contact Reeves Propane +18004325172 or Spring River LP Gas +18708692848
Waste: Would have to contact Waste Connections 870-994-7000

Other info:
Terrain Type: Wooded / Slope
Elevation: 186.5 m or 611.8 feet
Road: Dirt
Closest Highways: US-412 / US Hwy 62
Annual Taxes: $7.97
HOA: None found
Zoning: Medium Density Residential (R-2)
Time limit to build?: Permit is good for 6 months but can be extended after inspection.
Is camping allowed? No
Camping restrictions if any: N/A
Are RV's allowed? No
RV restrictions if any: N/A
Are mobile homes allowed? Yes
Mobile home restrictions if any: Must not be older than 10 years.
Are tiny homes allowed? Minimum size requirement: 800 sq ft.
Tiny home restrictions if any: N/A
Short Term Vacation Rentals allowed? City does not regulate short term rentals.
Vacation rental restrictions if any: N/A

We provide you with the Purchase and Sale Agreement, Land Sale Contract, and Promissory Note (for financed transactions). Our legal team can close in-house and we can close fast (24 hours, not 30 days) so you can get started building your dream homestead. We make it simple and easy to own land. 

The google maps mobile doesn’t go down every road – and that’s desireable to most! They WANT privacy, seclusion, and that country-feel. They don’t want to live in a surveillance state. Sometimes that makes it difficult to get photos of the property. We rely on Elon’s satellites. We offer land all across the county and don’t get boots on the ground to every single property. We do our due dilligence and pass all the info we have onto you, but ultimately it’s your responsiblity as the buyer to do your own due dilligence on a property you’re considering buying. 

All properties will have clear title, no back taxes, and no liens. To get a copy of our Due Dilligence Check List, please text us at 520-412-6395 and let us know you want it. We’re happy to send that over. 

Overview

APN: SG 388-00077-000
Lot Size: 0.08 acre(s)
Price: $ 12,200
Down Payment: $ 150 down
Monthly Payment: $ 199 /month
Terms Months: 61 months

Property Details

No HOA
Mobile Homes Allowed

Map

Similar Properties

Your own private campground near Moore Hallow in the Ozarks
MO St. Clair
0.21 acre(s)
Know you have a place to sleep everynight that is owned by you.

Featured Properties

Property Types