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MLS #:
Price: $ 1,292,400
Forest and Soils:
During the summer and fall of 2010 the process of converting this tract from an HBU to a fully stocked timber tract was begun. After clear cutting the remaining timber on the property the tract site prep was done by means of an aerial application of herbicides then replanted in predominantly Loblolly pine with Longleaf being planted on a relatively small portion of the western side of the tract. At this time the survival rate of the stands seems to be good as the property experienced several “soaking” rains in the weeks after planting was completed.
In the case of Jack's Creek, the main source of income is the revenue produced by the newly planted timber with a minor portion of the income coming from leasing the hunting rights. Another potential source of income is leasing the rights to rake pine straw. Expense wise, beyond yearly taxes, the nominal cost associated with maintaining roads and prescribed burns the property is, in our view, very low maintenance.
For a detailed view of the pro forma for this tract and to discuss different investment criteria that may suit your needs please feel free to call us.
| GENERAL PROPERTY INFORMATION: |
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| TYPE OF PROPERTY |
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Recreational, Timber |
| COUNTY |
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Walton/Holmes |
| RESIDENCE? |
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No |
| TOTAL ACRES |
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720+/- |
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FINANCIAL INFORMATION |
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General Info:
Price: $ 1,292,400
Price Per Acre: $ 1,795 |
| GPS INFO |
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Latitude: N30 43 04.8
Longitude: W85 59 37.5 |
| GOOGLE LINK* |
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Click to view Google™ Map
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| VIDEOS |
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*NOTE: Google™ Maps link will open in a new window. Google™ Maps link will only work correctly if Latitude and Longitude values exist above.
| ADDITIONAL INFORMATION AND NOTES: |
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NOTES |
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Shown By Appointment Only
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IMPROVEMENTS |
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paved roads, under ground utilities |
FINANCIAL INFORMATION |
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SALES REPRESENTATIVE |
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Call Rob Langford 850-556-7575
Ph:
Email: |
PROPERTY ADDRESS
INFORMATION |
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