Humphrey, AR 72073(Arkansas County)

There are 276.9 (+/-) acres of total farmland, which have Farm Service Agency bases for wheat, long rice, grain sorghum, and soybeans. There are three (3) wells on the property, two or which are electric, and there is an easement for water pickup from Bayou Meto across an adjoining property. Currently rice and soybean crops are being grown on 109.9 (+/-) acres. The remaining farmland consist of 167 (+/-) acres, which are out of production serving as a waterfowl refuge (“reservoir”).

During late spring the reservoir is drawn down and a diversity of waterfowl foods and native grasses are allowed to grow. Smart weed, moist-soil plants, and native grasses are flourishing throughout the reservoir. Currently, there are also areas planted in corn inside the reservoir to serve as a high-quality food source for waterfowl in the autumn and winter. When autumn arrives the reservoir is pumped up with water at an appropriate depth for waterfowl. The reservoir acres can remain as they are and continue to develop as a waterfowl refuge or the acreage can be converted back to cultivation and then flooded for duck hunting when the crops are harvested. The levees that were built to form the reservoir have added much value to the property providing excellent water control for both waterfowl habitat and agriculture operations.

In addition, to the agricultural and recreational assets there is a 3,106 (+/-) square foot farm house/hunting lodge (“structure”) estimated to be 12 years old. The structure rests back off a county road on 2 (+/-) acres and is extremely functional and can serve as both an excellent farm house or hunting lodge. There are four bedrooms, two full baths and a half bath, a great room, kitchen, dining room, mud/utility room, screened porch, garage/storage, and automatic gated access. The interior is very impressive with beautiful hardwood floors, rock fireplace (wood-burning), rustic timbers, and high ceilings.

In closing, this property and structure would make an excellent farm and recreational property for an individual, family, or two to four partners. It has farm income and excellent duck, goose, and dove hunting opportunities and the reservoir could be further developed into a great fishery or converted back to cultivation. The property is offered for sale at an asking price of $950,000.00 ($3,125.00 per acre).

Any questions concerning this offering or to schedule a tour should be directed to Gar Lile (cell: 501-920-7740) of Lile Real Estate, Inc.