About This Property
Owner financing: $500 down plus a $195 document fee. Financed price $59,975. Term options: 1 year at 0% ($4,956.25/mo); 2 years at 9% ($2,717.10/mo); 5 years at 9% ($1,234.60/mo); 10 years at 9% ($753.40/mo); 15 years at 9% ($603.24/mo). Pay-in-full price: $53,977 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are five fantastic adjoining residential lots in a beautiful lakeside community overlooking Eufaula Lake. They are about 207 yards from the lake, and are approximately 100 feet higher than the lake. These lots sit along Channel Catfish Street, a good gravel road. Electric lines run along the east side of the properties. They are located on a small hill, with the high point being about 25 feet above the low.. You can leave things as they are, or if you are going to build a residence you can use your equipment to sculpt the lots as you see fit. The original surveyor set iron pins at the northwest corner of Lot 5; the southeast corner of Lot 5; the southwest corner of Lot 24; and the southeast corner of Lot 24. The plat map shows the exact distances of every lot corner between those pins including Lots 9, 10, 11, 12, and 13. Cheap land of such a high quality in a stunning lakeside area is hard to come by.
Location
Massey Point - Eufaula Lake, Unit 2, Block 14, Lots 9,10,11,12,13, Pittsburg County, OK
Outline shown is about 1.3 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in OK before signing any agreement.
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