Property from NHN Lower Kogru Drive - KW

27.5 Acres! Endless opportunities! One of the last large, private parcels just minutes from downtown Eagle River. True Alaskan homestead property w/room to build, garden (peonies farm?) or private retreat still close to everyday amenities. Homestead zoned Alpine/Slope w/electric/natural gas nearby, maintained road access to a private setting. No covenants! Owner financing available see supplement Legal Descriptions, 6 lots for a totla of 27.5 acres.

-T14N R1E SEC 32 N1/2 NW1/4 SW1/4 NW1/4

-T14N R1E SEC 32 NE1/4 SE1/4 SW1/4 NW1/4

-T14N R1E SEC 32 NE1/4 SW1/4 NW1/4

-T14N R1E SEC 32 SE1/4 NW1/4 SW1/4 NW1/4

-T14N R1E SEC 32 N1/2 SW1/4 SE1/4 NW1/4

-T14N R1E SEC 32 NW1/4 SE1/4 SE1/4 NW1/4

Owner Finance Terms:

-20% down payment

-6.5% interest rate fixed

-amortized at 30 years for payment calculation

-5 year balloon payment

-tax service and escrow service fees paid by borrower

-escrowed at First Mortgage

-no prepayment penalty

-no release provisions

-no restrictions on use of property while deed of trust encumbers