This is a FORECLOSURE sale of the Chapel Hills Subdivision remaining 43 lots and 14 acres of undeveloped land in St. Robert, MO. It is a prime location and includes at least 12 lots ready to build on today. The owner has lost financial ability to continue and is letting it go back to bank. The asking price is the beginning bid amount at the Pulaski County Courthouse steps on Tuesday 14 June 2016. The subdivision is expected to sell for between 600,000 and 1.2 million. Come prepared to bid accordingly - CASHIER CHECKS ONLY - any unused portion will be returned by bank. 17 homes are already completed and sold - they were sold before being finished. Home values in the subdivision range from 160,000 to 280,000. 95% of the utilities are installed for the 43 remaining platted lots, and utilities are available and ready to install on the 14 undeveloped acres after a road is cut in - creating 25-30 more lots. This is a great opportunity for a builder / developer to catch the coming rising tide of home values in Fort Leonard Wood area. Please direct any and all questions to me Dave Acorn 573-433-1255. I have intimate knowledge of the development and can help with evaluation.
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