194 Fairview, Searcy, AR 72143

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 --- Balloon amount at month 60 to be $144,338.04