Hill Ranch Farm Tract
Drastic Price Reduction! - Make Offer!
This property has many opportunities for the buyer. Addidional land just up the street. It has some of the best farming and hunting you can ask for in Alabama. It is right in the black belt with some of the most fertile soils anywhere.
1636+/- Acres
One nice ranch style house
One small house used as a hunting retreat
Many Sheds/Barns
Stables
Dog kennels
Grain Silos
Irrigation
Well
Miles of paved road frontage on Hwy 39, Hamner-Gainesville Rd and Awark Church Roads
Many Catfish Ponds
Miles of fencing for cattle.
Leases/Income
150+/- Acres Irrigated Row Crop Land Currently Leased for $60/acre. ($9000/year)
250+/- Acres Row Crop land Currently Leased for $35/acre. (8,750/year)
332+/- Acres Hay and Pasture Lease Currently Leased for $9079/year
175+/- Acres of the property is leased for hunting at $14/acre or $2,450/year....
175+/- Acres of the property is leased for hunting at $14/acre or $2,450/year.
CRP income 298+/- Acres $12,963/year
Currently around $42,000 in total income per year. That number could be increased in many ways.
Other possible income opportunities:
Multiple catfish ponds that are not currently in production.
You could remove ponds and put more land into row crop production.
There are multiple buildings and sheds that could be leased out.
Much of the property is not leased for hunting at this time.
Timber can be managed.
A house or two could be rented.
You could run a commercial hunting operation.
Asking only $1,850/acre Owner financing available. Can divide for a slightly higher price.