Property currently has apx. 70 plus block/brick houses that need to be torn down. Property is in acreages, Not lots, so you can decide what size lots you want to build on. The property has an electrical easement that would make it easy to have one area 55 and older and another area for families with walking trails and playgrounds. The USDA Rural Development says there is a real need for homes under $150,000 in this area and they will do 100% financing for approved buyers! Property is 10 minutes from the I-30 freeway and Malvern Ark. and 15 minutes from downtown Hot Springs Arkansas. Great location! Also Great schools with Fountain Lake Schools. Water access to Lake Catherine and trout fishing below the dam, only 5 minutes away! Property is listed for $699,000 and would consider an offer, if you can close in 30 days. Would also consider a trade and some cash( What do you have?)