165 ac - Chicot County Arkansas Farm Land for Sale
165 ac irrigated farm land with flooded timber reservoir in Chicot county, AR
This tract was converted from catfish ponds. It has approx. 127.92 acres of irrigated crop land and the rest is an impoundment that can be flooded for duck hunting. The aerial shows the tract with the ponds but an image is also provided showing the tract as it is now with 2 separate fields.
There are two electric submersibles that irrigate the 127 acres of crop land. A separate riser was placed inside the impoundment to flood the timber for duck hunting.
The duck and goose hunting in the area can be very good. The timber impoundment as well as the one or both of the ag fields can be flooded for ducks.
The soils in the two fields are mostly Calloway, Henry & Grenada silt loams.
The potential return for investors can be over 5% based on the fact that nearby and similar farm land is renting in the $175 / ac range plus...
The potential return for investors can be over 5% based on the fact that nearby and similar farm land is renting in the $175 / ac range plus the annual lease for the duck hunting.
Legal Description: All that part of the N/2 of the N/2 of Section 16, T18S, R2W, Chicot county, AR lying east of the centerline of Marigold road.
Directions: From Hwy 8 approx. 3 miles west of Eudora, take Marigold road to the north 1 mile to the tract lying on the east side of the road. An old catfish feed bin is at the NW corner of the property.
Minerals: Negotiable with purchase price
Price: $592,750
Call Coy Purkey at 318.267.1519 or see RecLands site for all our listings.
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