This property is 1040 acres of prime, mature pine plantation land in Drew County, AR near Monticello. The property is divided into two tracts. The larger of the two is 880 acres, of which 680 acres is 25-27 years old. The remaining 200 acres is 10-12 years old. The second tract, 160 acres, is all 15 years old.
Hunting rights on the 880 acre block are currently leased for $9000/year. The other 160 joins the University of Arkansas at Monticello to the east. To the south it joins Georgia Pacific land, and to the north it joins the Presbyterian Home. There are rumors that a new bypass may go right through the middle of the 160, so this coupled with what lies adjacent to it may suggest some higher and better use value.
No cruise data or stand maps are available. The property has not been cruised in over ten years. However, the timber has been properly managed, thinned appropriately, ...
No cruise data or stand maps are available. The property has not been cruised in over ten years. However, the timber has been properly managed, thinned appropriately, etc. Aerial maps and topos can be provided.
Call Jay Johnson at 501-626-3641 to schedule a showing. The property is gated and locked.