2010 cotton crop
Features - Fireplace
- Fishing
- Garage
- Hunting
- Income Property
- Irrigation
- Level Lot
- View
- Waterfront
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Price: $11,200,000
Address: Lee County
City: Hughes
State: Arkansas
Zip: 72348
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Status: Sold
Area: Other
Acres (aprox.): 4959
Listing ID:613
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Description: SOLD SOLD SOLD SOLD SOLD....4,959 acre +- "family farm"............ COTTON - MILO - BEANS - WHEAT - located between Hughes and Marianna, Arkansas near the Mississippi River. Very fertile farmland, an excellent location, a good farm tenant and some marketable timber will make this property highly desirable to any investor.
TOTAL ACRES: 4,959 acres
CROP ACRES: 3,096 acres
TIMBER ACRES: 1,500 acres
OTHER ACRES: 360 acres includes a homesite, a cabin on Whitehall Lake frontage on the St. Francis River and some open pasture around the farm house.
IRRIGATED ACRES: covered by 6 pivots owned by the tenant. Call for details on the irrigation.
SOILS: Commerce silt loam, Robinsonville (Ro), Sh, NeA, Dsb, Ac, Eab, TnB and Dundee silt loam.
FARM LEASE: Excellent local farmer leases the farm and the lease runs through December 2012 on a 25% crop share.
FARM LEASE: 25% of the crop and has been averaging around $375,000 - $400,000 per year. Contact the agent about the farm lease.
OTHER IMPROVEMENTS: 5,200 sq. ft. farm house with attached barn and a fishing cabin on Whitehall Lake.
HUNTING: Prime deer and turkey hunting, some duck hunting and fabulous fishing opportunities! A hunting lease could generate some additional income.
LOCATION: Strategically located on the protected side of the Mississippi River levee near the community of Council, Arkansas near Hughes Hunting Club in Lee County, Arkansas. The farm is about 25 minutes south of Hughes and 25 minutes north of Marianna and less than one air mile to the Mississippi River.
PRICE: SOLD SOLD SOLD
Real estate taxes: Approx. $11,000 annually.
OTHER: All information was furnished by the seller. Prospective buyer needs to verify all information. Outdoor Properties, LLC does not guarantee the information. Timber has some value. Good access to all tracts.
Approximately 1.5 miles frontage on the St. Francis River.
CONTACT the listing agents:
Bill Benton, broker......901-483-6073
Joey Burch, broker......501-454-1782
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