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Description:
Oaky Plantation, named after Oaky, Ga. a small farming community from years gone by that still remains on some maps today. The property is intensely managed as a tree farm and is well-balanced for the future with approximately 65% (1740 acres) in planted pine ranging from ages 6-32 years old. Natural Pine/Hardwood stands heavy with merchantable timber comprise over 600 acres. Some of the hardwood acreage along Devils Branch which bisects the property contains merchantable hardwood timber as well. Additionally, Wilson Pond, a beautiful old grist mill pond, with a concrete spillway is located within the branch run.
The primary improvement to the property is an 1800 plus sq. ft. wood frame home built in the 1920s and currently serving as a clubhouse for the hunting club presently hunting the property. Several utility shelters in various locations are included as well.
The pr...
The property fronts along some 7 miles of county roads with approximately 5.5 miles of paved road frontage and another 1.5 miles of county maintained dirt road frontage. Many miles of woods roads wonderfully traverse the property providing excellent access throughout.
Comments:
This property offers a tremendous opportunity for the investor looking to diversify. Growing and merchantable timber set up in rotation will provide a tremendous amount periodic income for today and the future. Additionally, the property can be managed and developed to host a wetland stream mitigation bank providing a very healthy income opportunity for the next 10 plus years while not interfering with timber production. The propertys shape and road frontage provide ample opportunity to sell off portions over the coming years without negative effects on the remainder of the tract. Finally, the propertys diversity provides a myriad of hunting opportunity for whitetail deer, turkey, bob white quail and even ducks in the pond area.
Price:
$6,500,000.00 ($2496/acre)
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