This parcel is approximately 0.36 of an acre (M/L) and located on W Sunset Drive in the peaceful Diamond City area or Arkansas. Diamond City, AR, is a fantastic place to build your forever home, vacation home, or just an investment home that you can rent or lease out for a steady income. This area offers an 18 hole, par 71 golf course with clubhouse and restaurant, campground, marina, Bull Shoals Lake, public use area, and much more. Other amenities available in this area provided by NATCO are high-speed internet, cable, telephone, and cellular service. The property for sale is a double lot, and there are other lots for sale next to these that can be added on to make a large property if you want. Each lot is approximately 65 X 120; these two lots combined are about 130 feet wide by 120 deep.
Restrictions: Diamond City has a leash law for dogs, and cats are to be kept at a minimum of 2-3 on the property. No Livestock are permitted within city limits, and there are building codes. Homes are to be a minimum of 800sqft with a slab foundation or crawlspace, if you are looking to build on stilts, please call Diamond City City Hall at (870)-422-712 and talk with the building inspector regarding your plans. Modular homes are fine as long as they adhere to their building codes, and no mobile homes are permitted on these lots via city ordinance.
LEGAL DESCRIPTION: DIAMOND POINT LOTS 2 & 3 BLOCK 8
Lease/Purchase: $150 per Month with $1,000 Down payment. Total purchase price: $4,300.
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