Property Overview:290-acres of coastal plain sandy loam soil: stand 1: 60 acres in down-row thinned 11-year old planted Arkansas loblolly pine averaging 5.8 dbh (281 tpa averaging 6.7 dbh and remainder in 4 dbh volunteer pine); stand 2: 13 acres in unthinned 11-year old planted Arkansas loblolly pine averaging 5.7 dbh (359 tpa averaging 6.8 dbh and remainder in 4 dbh volunteer pine); stand 3: 182 acres in scattered hardwoods for quality recreational habitat for whitetail deer, turkey and other wildlife; stand 4: 35 acres in roads, food plots, deer camp and pond. Eastern portion of this property has development capabilities.
Inventory Method:Timber inventoried by Joe Willett. Bidders are welcome to conduct due diligent inspections and inventories. All individuals entering the property assume all liability for safety and actions and waive all landowner liability.
Access:Gravel Union Coun...
Access:Gravel Union County Cody Road frontage with good interior roads.
Legal & Lines:S SW NE; NW SE; N SW SE; S NW; Pt N NW, lying S&E of E&W Railroad; N SW; SW SW; N SE SW, and all lying West of power line right-of-way in Section 15, Township 18 South, Range 16 West, Union County, Arkansas containing 290 GIS acres, more or less, approximate boundaries are flagged with white RFC flagging. No survey provided by seller.
Bidding:Bids received by fax, email, web, mail, in-person and phone (recorded) are confirmed and sealed until bid opening. If you need additional information or a tour of the property feel free to contact Colleen. Notification of bid acceptance within 48 hours.
Reservations:Minerals are reserved. Seller reserves the right to reject any and all bids.
Earnest & Closing:5% earnest money paid within 5 business days of acceptance. Closing administered by RFC. Closing in 30 days. Taxes prorated. Revenue stamps, buyers title insurance and closing administration divided equally. Closing costs increased by buyer are paid by buyer. No other terms exist outside this document unless dually executed by both parties. All submitted bids (verbal or written) are legally binding to all terms stated in this bid prospectus and any deviating party is responsible for reimbursing legal costs related to ensuring compliance. Exceptions & contingencies by bidder must be in writing with bid.
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