Lonoke Golf Course & Mallard Point Estates in Lonoke, AR |
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| Property type: | Investment Land |
| Price: | $4,200,000 |
| Location: | 505 Mallard Point Dr. Lonoke, AR |
| Lonoke , AR | |
| County: | Lonoke |
| Acreage: | 325.00 Acres |
| MOPLS# | 6232 |
Person Offering the Property |
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Name: |
Lance Talbert Real Estate Agent |
Bus. Name: |
Mossy Oak Properties Delta Land Management Co LLC |
Address: |
1920 North Main Street Suite 100 North Little Rock, Arkansas 72114 United States |
Phone: |
501-951-3073-Cell |
Location Description:
Property lies just south of Interstate 40 off of Hwy 89 in Lonoke, AR.
General Description:
Thirteen miles from North Little Rock, Arkansas lies the Lonoke Golf Course and Mallard Point Estates. The Lonoke Golf Course covers approximately 199 acres and has 7,185 yards of play on large bent grass greens and wide Bermuda fairways and tee boxes. The other 126 acres has a 7 phase development plan for 300 lots. With one phase completed and 12 lots already sold, this property has immediate income potential in terms of lot sales. With its close proximity to Little Rock and offering luxurious life style living; this should be a hole in one for potential home buyers. Mallard Point Estates has great potential for an investor looking for a return on investment. The estimated gross return on this property would be 4,000,000 over the purchase price of the property.Taxes: 16,000

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