Address: E FORMOSA RD., Kingman, AZ
Price: $16,000.00
Owner Finance: Yes
Lot Size: 1.3 Acres
Selling 1.3 acres of vacant land on E Formosa Rd about seven miles from the Kingman Airport. The land can be built on and does not get flooded. The road to get the property needs improvement but it can be accessed by 4x4. The property does not have access to grid power but since your in Arizona you can use solar panels!
The property is zoned A-R Agricultural Residential. The average well depth in the area is around eight hundred feet. You would either need to install a well or have water delivered. A septic system would be required for any long term occupation of the property. The land is build-able and zoned Agricultural Residential which allows a single-family home and allows farm animals. You can live in a RV if you have a septic system and the RV is considered roadworthy. You would need to acquire a annual RV permit for year round living. Camping on the lot (without septic) for fourteen days at a time with a total number of days to not exceed thirty would be allowed.
OWNER FINANCE TERMS
Mohave Seven LLC will owner finance this property through a Contract For Deed. A Contract For Deed is a installment contract where after you have paid all the payments you get deed to the property. The purchase price of this property under Contract For Deed is $16,000. The down payment is $1,000 and due at the time of signing the notarized contract. The interest rate is 10% each year. Your monthly payment would be $161.19. You make contract payments monthly for 15 years. To qualify for owner financing you must prove your identity and show a verifiable source of income. We do not do background or credit checks.
DIRECTIONS
You are invited to visit the property during daylight hours only. GPS coordinates to the property: 35.319103, -113.890311. Turn off Route 66 on E Mohave Airport Drive. Go about a half mile. Go LEFT on Shipping Lane and go for about 2.71 miles. The road goes straight then curves which then turns into N Bruce Drive. Turn RIGHT down E Pate Rd. and go 2.35 miles then turn LEFT on N Donald Dr. Go 1.5 miles and look for a road turned wash on the LEFT side of road. Here you can either park and walk down E Formosa Rd. or use 4x4 or other off road vehicle. You will go about 520 feet down the road and the property is on the left. The property runs 260 feet along the road and 220 feet deep. The road has a 40 foot easement on each side.
CORNERS
Southwest: 35.318488, -113.890797
Northwest: 35.319102, -113.890801
Northeast: 35.319102, -113.889916
Southeast: 35.318486, -113.889912
Middle Along Road: 35.319103, -113.890311