Description: 20-acre lots located in scenic Okfuskee County, Oklahoma.
The lots are located approximately 70 miles east of Oklahoma City, just north of I-40, near the town of Okemah. The lots are partly treed and partly pasture. Each lot has been surveyed and the map recorded with the county.
Price/Terms: Each 20-acre lot is priced at $49,995 with $495 down and $495 per month (amortized over 186 months, including 9% interest, and no prepayment penalties). Seller financing is guaranteed for everyone and there are no credit checks.
Directions to Property: From Oklahoma City, OK east on Interstate Hwy 40 to Hwy 48 (Exit 217); then north on Hwy 48 approximately 8 miles (just beyond IXL Road) to Road E1020; west (or left) on Road E1020 for approximately 1 mile to the intersection of Road E1020 and Road N3710 (this intersection is the southeast corner of the properties).
Improvements: No utilities, water, power, sewage, or any other homeowner services have been developed. The electric company that services the area is East Central Electrical Cooperative (918-756-0833). The Okfuskee County Clerk (918-623-1724) might have additional information regarding the availability of utilities in the area.
Mineral Rights: As in most petroleum producing states, the mineral rights have been owned by exploration companies for many years. However, if wells are ever drilled the landowner would receive compensation.
Cattle Grazing: Other people might currently be grazing cattle on some of the 20-acre lots, but a new owner can terminate the grazing by simply fencing off the lot.
Protective Covenants: In order to protect the future value and beauty of the lots, some very basic restrictions have been recorded. The permanent use of motor homes, travel trailers, converted buses, tents, or dilapidated buildings are prohibited. Furthermore, certain activities such as pig farms, commercial poultry operations, outdoor toilet facilities, industrial enterprises, and the accumulation of trash, garbage, junk and/or debris are prohibited. Standard homes, modular homes and mobile homes that comply with any applicable state or country building, health or safety codes are obviously allowable.
Property Taxes: Annual property taxes on a 20-acre lot are about $45.
Contact: Ryan Caffey at 949-310-0452 or email@example.com