This property is a water lovers delight! Located near Black Rock, Arkansas, in Lawrence County, this 2 acre (M/L) parcel offers over 200 feet of Black River frontage. Imagine sitting on your porch watching the big river roll on by while enjoying your morning coffee. River-front properties are becoming very hard to find and even harder to find for less than an arm and a leg. I think most of us all have that dream, the one where you tell yourself, "I wish I had a river-front property or a beach-front property, or even a mountaintop property", well here is your chance! Going to the bank to get a loan for a new home or land is a huge hassle with tons of forms to fill out, and the worst part is that you might not even get approved. You don't have to worry about that with Homestead Crossing Inc! We guarantee that you are already approved because we don't require a credit check! All you need is the down payment plus the first months' payment and you're ready to go! It is seriously that easy. People are always surprised at how easy it is to buy a property from us, but we enjoy keeping it simple. I think you get the point, let's talk more about this property.
The land is located right off of Highway 25 and has a Black Rock, Arkansas address: 4774 HWY 25 W Black Rock, AR, 72415. There is a nice driveway (the grass in the drive is a little overgrown right now) that will take you right up to the front of the shop/barn door. To the left of the shop/barn, you will see an older wooden fence; that is the property line for that side of the parcel. The shop/barn has electric run to it with four different sections (as seen in the pictures). One main area is large and would make an excellent workshop. The other is a smaller hallway type space that was used for storage and will take you to the other two area: a small room at the very back that appears to also be for storage, and an area where you could keep your boat, four-wheeler, lawn-mower, etc. The back of the shop/barn is almost directly on the river but sits up above the water about 15 feet. There is also a wire fence attached to the side of the shop/barn that was most likely used for some small livestock. The entire backyard of the property is all river frontage. There is also an old home on the property that is of no value, but you can salvage any building materials you wish from what is left. The foundation is cinderblock and appeared to be in good condition. There are indications that there were full utilities at the home, including electric, water, sewer/septic, phone and possibly internet. The area is in a flood zone, so if you choose to build a home or cabin, elevating it from the ground level would be highly suggested.
Lease/Purchase: $240 per Month with $1,500 Down payment. Total purchase price: $24,900.
No credit checks, no prepayment penalties, and no balloon payments!
To get started all that is needed is the Downpayment in addition to first months payment due together. Then the payments are just the monthly payment.
*All of the payments paid the first year, including the down payment and any extra money paid, will be subtracted from the sale price with no interest ( after the first year interest is just 9.75% FOR LAND & 8.99% FOR HOMES ). After three years of payments being paid as scheduled (or 25% of the sale price has been paid off), this agreement will become a Purchase Contract or a Deed with note and Deed of Trust (Buyers’ choice). Upon completion of the contract, the buyer will receive a special warranty deed.
These are the Restrictions Specific to Homestead Crossing Inc:
Cash (In person only. Do not mail cash payments!)
Cashier's Check, Money Order, or Wire Transfer
Pay with credit/debit card
Payment can be made online through our website or wire transfer