720 Acres in Bonifay, FL - $975,000
Owned for over 50 years by a family with deep Holmes County roots, Bethlehem Timberlands provides an excellent opportunity for an investor who wishes to establish a more aggressive timber program or maintain a focus on recreation. Either way, this well-priced tract possesses strong characteristics that make for a solid investment and owner-financing is available.
Although no timber cruise is available, all of the propertys timber is merchantable, providing immediate cash flow to an investor. Much of the planted pine on the 470 acres south of Monroe Paul Road is 20+ years old that has received a plantation cut - although there are some small areas with younger unthinned pine. The northern 250 acres have been clearcut. In total, approximately 522 acres (72%) are plantable, a relatively high percentage that lends itself well to a profitable timber operation.
Given the numerous agricultura...
Given the numerous agricultural fields in the surrounding area as well as a location just east of the Choctawhatchee River whose river corridor is largely protected by the Northwest Florida Water Management District, whitetail deer are plentiful. Defined shooting lanes and feeders have been strategically located throughout the property, making for an excellent hunting experience.
Located in the Bethlehem community, just eleven miles north of the Holmes County seat of Bonifay, Bethlehem Timberlands is easily accessible via Interstate 10 and Highways 79 and 177.
Directions
From the I-10 and Highway 79 interchange, go north through Bonifay for 2.5 miles and veer left on Hwy 177-A. Follow for 8.5 miles and turn left at the Bethlehem School. Travel .8 miles and property is on the right and left.
