Advert expired!
HT4231A12
$6,734,316 - Danie Glover Rd , Lonoke
1,684 Acre Farm located in Lonoke County, Arkansas. This farm has 1,276 acres of tillable farm ground and 150 acres of reservoirs, which include 7 reservoir relief stations also being supplemented by the Wattensaw Bayou. Furthermore, there are 5 irrigation wells, rendering 100% of the ground under irrigation. The Wattensaw Bayou provides amazing duck hunting habitat along with approximately $100,000 in timber value. The potential hunting lease for this property will exceed $50,000 per year. In addition, the farm currently has a 4 bedroom, 2.5 bath, farm house with four grain bins, equipment shed, and a shop. $125,000 will transfer to purchaser at the end of the harvest year as rent from 2013, and the lease will not renew, allowing the purchaser to either farm or lease for the upcoming harvest seasons. There are multiple farmers in the area interested in leasing the farm. The property will be offered on a sealed bid. The bid dates will be determined by the owner. Pre-bid offers are being considered and are encouraged. **Disclaimer- Southeastern Land Brokerage is not the listing agent and is only allowing the use of its marketing program to Hilton Land Development, LLC, the equitable owner of the property. (less) 1,684 Acre Farm located in Lonoke County, Arkansas. This farm has 1,276 acres of tillable farm ground and 150 acres of reservoirs, which include 7 reservoir relief stations also being supplemented by the Wattensaw Bayou. Furthermore, there are 5 irrigation wells, rendering 100% of the ground under irrigation. The Wattensaw Bayou provides amazing duck hunting habitat along with approximately $100,000 in timber value. The potential hunting lease for this property will exceed $50,000 per year. In addition, the farm currently has a 4 bedroom, 2.5 bath, farm house with four grain bins, equipment shed, and a shop. $125,000 will transfer to purchaser at the end of the harvest year as rent from 2013, and the lease will not renew, allowing the purchaser (more)
Category: Land
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