One the biggest stories of 2008 in Northwest Arkansas was that of ANB Financial's downfall, beginning on May 9th. That's when the FDIC stepped in and seized control of ANB's assets to prevent further losses. While a number of people have been hurt by this local financial disaster, investors and home buyers can now purchase property owned by the FDIC in Northwest Arkansas that was previously held by ANB Financial. It goes without saying that some truly rare deals are on the market and available for purchase by savvy investors, entrepreneurs, or home buyers.
Larry Robison, Commercial Realtor and Co-Owner of EXIT Pro Realty in Rogers, has nearly $11,000,000 in FDIC-owned inventory with an additional $6,000,000 coming on the market very soon. These properties in Springdale, Rogers, and Bentonville include a $340,000 warehouse, commercial land parcels starting at $377,349, and Signature Square - a 47,000 square foot 5.4 acre multi-use office park listed at $3,504,840.
Also available...the exisiting ANB property just off I-540 and pleasant grove road. This property is not yet listed, but is available somewhere in the neighborhood of $5,000,000 to $6,000,000.
An earnest money deposit of 5% of the offer amount in the form of a cashier's check madepyable to the Federal Deposit Insurance Corporation must be submitted with all offers. The balance of an accepted offer will be due at closing.
Contact Larry Robison to find out more about these and other unique properties in Rogers, Springdale, and Bentonville by phone (479) 636-7777 email Larry@EXITprorealty.net or visit EXIT Pro Realty's Website.