About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $35,975. Term options: 1 year at 0% ($2,989.67/mo); 2 years at 9% ($1,638.99/mo); 5 years at 9% ($744.73/mo); 10 years at 9% ($454.46/mo). Pay-in-full price: $32,377 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are three gorgeous heavily wooded adjoining residential lots in a beautiful lakeside community overlooking Eufaula Lake. They are about 270 yards from the lake. Elevation across these lots varies by only about 9 feet, and they are 100 feet above lake level. Land between these lots and the lake mostly drops away toward the lake. These lots sit between Channel Catfish Road and Rainbow Trout Street. Channel Catfish Street is a good gravel road and power runs along it. Rainbow Trout Street is a dirt road, and power also runs along it. The original surveyor set iron pins at the northeast and southeast corners of Lot 5; the northwest and southwest corners of Lot 11; and the northwest and southwest corners of Lot 12. 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 15, Lots 5,11,12, Pittsburg County, OK
Outline shown is about 0.8 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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