Property Listing: Status: Active (Listed on: 05/11/2023)
22.7 acres w/ a small cleared site then rest is woods-Owner Financing Available
Listing ID:
19397
Price:
$39,500
22.74 Acres +/-
Owner Financing Available
General Location:
Knox County Kentucky
Address:
633 Low Gap Road
City, State Zip:
Barbourville , KY 40906
County:
Knox County
MLS #:
Listing ID:
19397
Description:
Welcome to Low Gap Farms located at 633 Low Gap Road Barbourville Kentucky in Knox County.
22.7386 acres that has a small cleared building site near the road and then the rest of the property is wooded hillside for $39,500. This property has 707' of lightly traveled blacktop road frontage that is maintained by the county. This place would be good for hunting/camping/recreation getaway. The public waterline is service by Barbourville Utility Commission and the electric is provided by Cumberland Valley Electric.
The title work has been done and the title is clear and we will be transferring the property to you via a General Warranty Deed which is the best form of ownership.
Owner Financing Available!!!!!
Located near Barbourville, 15 minutes from Manchester, 35 minutes to London, 1:45 to Lexington or 2 hours to Knoxville TN.
If you would like to view the property you can GPS 633 Low Gap Road Woollum Kentucky and that will take you to the property and you will see the yellow and black real estate sign.
Recent survey has been completed. Additional acreage is available (See link provided later in the ad for details).
Easy Terms Owner Financing with Easy approval.
If you choose to use our owner financing the terms will be as follow:
$39,500 purchase price, $500 closing cost (due at contract signing), $2,000.00 down payment (due at closing), 8.95% interest on 15 year term with 5/1 ARM = $379.24/month, $0 early termination penalty.
-this loan is a non-residential loan which means we will be asking you to wait until we are paid off to use the property as your primary residence-this is like this because of the way all owner financiers are regulated…this typically is not a problem because if you do use the land as your primary residence and if you get a loan for the residence (cabin, house, mobile home) that lender will require you to combing the land loan with the home loan giving you a land-home package. This regulation does not exist for any property that is 25 acres or more. This regulation of course does not exist if you pay cash for the property or get your own loan from a bank and it also will not exist after we are paid off if you use our owner financing.
You can get a lesser interest rate if you choose to do a higher down payment (inquire with sales person).
To view additional information about this property you can go to
Web Link/
To view additional rural land listings please visit our website at Web Link/
If you have any additional questions or would like to set up a private showing I can be reached by email, text or telephone at 877-331-4888. Ask for Dwight
22.7386 acres that has a small cleared building site near the road and then the rest of the property is wooded hillside for $39,500. This property has 707' of lightly traveled blacktop road frontage that is maintained by the county. This place would be good for hunting/camping/recreation getaway. The public waterline is service by Barbourville Utility Commission and the electric is provided by Cumberland Valley Electric.
The title work has been done and the title is clear and we will be transferring the property to you via a General Warranty Deed which is the best form of ownership.
Owner Financing Available!!!!!
Located near Barbourville, 15 minutes from Manchester, 35 minutes to London, 1:45 to Lexington or 2 hours to Knoxville TN.
If you would like to view the property you can GPS 633 Low Gap Road Woollum Kentucky and that will take you to the property and you will see the yellow and black real estate sign.
Recent survey has been completed. Additional acreage is available (See link provided later in the ad for details).
Easy Terms Owner Financing with Easy approval.
If you choose to use our owner financing the terms will be as follow:
$39,500 purchase price, $500 closing cost (due at contract signing), $2,000.00 down payment (due at closing), 8.95% interest on 15 year term with 5/1 ARM = $379.24/month, $0 early termination penalty.
-this loan is a non-residential loan which means we will be asking you to wait until we are paid off to use the property as your primary residence-this is like this because of the way all owner financiers are regulated…this typically is not a problem because if you do use the land as your primary residence and if you get a loan for the residence (cabin, house, mobile home) that lender will require you to combing the land loan with the home loan giving you a land-home package. This regulation does not exist for any property that is 25 acres or more. This regulation of course does not exist if you pay cash for the property or get your own loan from a bank and it also will not exist after we are paid off if you use our owner financing.
You can get a lesser interest rate if you choose to do a higher down payment (inquire with sales person).
To view additional information about this property you can go to
Web Link/
To view additional rural land listings please visit our website at Web Link/
If you have any additional questions or would like to set up a private showing I can be reached by email, text or telephone at 877-331-4888. Ask for Dwight
Directions:
GPS 633 Low Gap Road Barbourville Kentucky and you will see the yellow and black real estate sign.
