Wilson Real Estate Auctioneers Inc., will sell Lobo Landing, a trout fishing resort on the Little Red River, at absolute auction at 2 p.m. July 7.
“This is the sort of place to which people return year after year,” said Joe Wilson, principal broker and owner of the auction company. “Many are families from surrounding areas, such as Memphis and Little Rock, but it also draws trout enthusiasts coast to coast.”
The resort is being marketed both as an entirety, and in 18 tracts. Many tracts contain a single furnished cabin and boat slip. The property has about 1,000 feet of river frontage, 12 cabins, five vacant lots with boat slips, and the marina/store. The property also includes two bunk houses, a pool, and a new covered boat dock with 24 slips. Bidders may make offers on any tract or combination of tracts.
In an absolute auction, the property sells to the highest bidder or bidders, with no minimums or reserves.
The auction will be at 3525 Libby Road (Arkansas 337) in Heber Springs. More information is available online at WilsonAuctioneers.com or by calling 501-624-1825.