Bismarck, AR 71923(Hot Spring County)

Kingwood Forestry Services, Inc. has been authorized to manage the sale of the Green Acres tracts further described on the following pages (see attached maps). The tracts are located about four (4) miles southwest of Bismarck with frontage on Green Acres Road, Stand Lane, Ozark Loop, Martha Lane and Natasha Lane. Timber consists of native pine and hardwood. Terrain is gently rolling. Soils consist of Carnasaw-Bismarck-Zafra complex, fine sandy loams and shaly loams. Tree site index for loblolly pine averages seventy-five (75) feet (base age 50). Utilities are available. These tracts offer development potential and are within one-half () mile of DeGray Lake. Small creek flows through South, East Tracts and through Lot 6. Corp of Engineers land borders west boundary of South Tract. Kingwood Forestry conducted inventories (four cruise lines per forty acres) of merchantable timber in January, 2019. Based on the inventories, estimated tree counts and timber volumes are below and on the following page. Due to variations in cruising methods, utilization standards, and scaling practices, tree counts and volume estimates cannot be guaranteed. Volume reports in Tons and Board Feet (with tree counts by species, diameter, height) are available by clicking "Brochure & Maps" button.

Green Acres North - 39.867 surveyed Acres

Legal Description: SE 1/4 of SE 1/4, Section 15, Township 5 South, Range 21 West, containing 39.867 surveyed acres, more or less, Hot Spring County, Arkansas (see attached maps).

Timber Volume Estimates (on 38.48 Timbered Acres)

Pine Sawtimber: 481 Tons

Pine CNS: 65 Tons

Pine Pulpwood: 287 Tons

Pine Topwood: 186 Tons

Oak Sawtimber: 38 Tons

Gum & Misc. Sawtimber: 68 Tons

Hardwood Pulpwood: 634 Tons

Green Acres East - 45.725 Surveyed Acres

Legal Description: Part of SW of SW, Section 14; Part of NW of NW, Section 23, Township 5, Range 21, containing 45.725 surveyed acres, more or less, Hot Spring County, Arkansas (see attached maps).

Timber Volume Estimates (on 43.33 Timbered Acres)

Pine Sawtimber: 930 Tons

Pine CNS: 177 Tons

Pine Pulpwood: 793 Tons

Pine Topwood: 438 Tons

Oak Sawtimber: 43 Tons

Gum & Misc. Sawtimber: 25 Tons

Hardwood Pulpwood: 345 Tons

Green Acres South - 37.788 Surveyed Acres

Legal Description: Legal Description: Pt. E of NE, Section 22, Township 5, Range 21, containing 37.788 surveyed acres, more or less, Hot Spring County, Arkansas (see attached maps).

Timber Volume Estimates (on 36.06 Timbered Acres)

Pine Sawtimber: 635 Tons

Pine CNS: 193 Tons

Pine Pulpwood: 709 Tons

Pine Topwood: 262 Tons

Oak Sawtimber: 262 Tons

Gum & Misc. Sawtimber: 93 Tons

Hardwood Pulpwood: 527 Tons

Four Green Acres Lots - 4.280 Surveyed Acres

Legal Description: Part of W of NW, Section 23, Township 5, Range 21, containing 4.280 surveyed acres combined on four (4) lots, more or less, Hot Spring County, Arkansas (see attached maps). Timber volume estimates available by clicking "Brochure & Maps" button.