UNDER CONTRACT
You can get a good return % on this property based on the current rent the owners are receiving!
This 159 acre farm has a direct payment of approximately $100 / acre annually. The FSA base is as follows:
Rice - 160.5 base acres - 4534 yield
Wheat - 132.9 base acres - 35 yield
There is a well with electric pump on the property. A bayou runs along the northern boundary and a gravel county road runs along the west side providing good access.
A metal barn is on the property near the highway.
The soil type is a Perry Clay.
The property is leased to an area farmer through October 2009. The lease payments can be assigned to a new owner.
Legal: W/2 of W/2 Section 14, T18S, R3W in Chicot County, Arkansas
Read MoreTake AR state highway 8 west from Eudora approximately 7.5 miles or go east from Parkdale approximately 9 miles to Cryer road. The property is on the north side of the highway at Cryer road. This property adjoins our 480 acre WRP tract with brick house that is also listed on this site.