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HUD   >   Program Offices   >   Housing   >   Multifamily   >   PD   >   Clear Creek I
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Clear Creek I
3906 Celeste Dr
Johnson, AR 72762
Is offered for sale at foreclosure:
May 30, 2013
at: 11:00 am (local time)
Washington County Court House
280 N College Ave
Fayetteville, AR 72701
HUD Photo
Clear Creek I
3906 Celeste Dr
Johnson, AR 72762
Is offered for sale at foreclosure:
May 30, 2013
at: 11:00 am (local time)
Washington County Court House
280 N College Ave
Fayetteville, AR 72701
AMENDED 5/9/13:  Information in the Property at a Glance (Invitation to Bid) was amended for year built, and amenities.

This two-story apartment complex was built in 2004.  Located on approximately 13.85 acres, this complex is comprised of 7 buildings, offering 48 one-bedroom and 72 two-bedroom units. 

Apartment features include: air conditioning, dishwasher, washer/dryer, garbage disposal, refrigerator, electric range/oven, ceiling fans and blinds.

Community features include: covered parking, pool and community space.

A $75,000 Earnest Money Deposit is required for bidding at the foreclosure sale.
A $82,525 Letter of Credit is due at closing to ensure the completion of repairs within 12 months of closing.

The foreclosure sale does not include any tenant or project-based Section 8 rental assistance. 

HUD is not offering financing; this is an "All-Cash;As-Is" sale. 

An Open House is scheduled for May 16, 2013, from 10 am until 2 pm (local time.)  Contact information for the Open House is provided in the Invitation to Bid.  Interested parties are urged to review the Invitation to Bid (bid kit) prior to submitting a bid at the foreclosure sale.