#1700- THIS RICE/SOYBEAN/WHEAT/MILO 3223 ACRE INVESTMENT GRADE FARM IS LOCATED JUST 30 MILES WEST OF MEMPHIS, TENNESSEE, JUST NORTH OF PARKIN, ARKANSAS-OFF HIGHWAY 75 AND HWY 64. THE EAST TRACT CONTAINS 2554 ACRES AND THE WEST TRACT CONSISTS OF 669 ACRES. THERE ARE 3116 AC+/- OF CROPLAND.(96.7% RATIO). THE CLAY FARM HAS 12 GRAIN BINS WITH A REPORTED CAPACITY OF 250,000 BUSHES. THIS FARM IS ABOUT 70% PRECISION LEVELED. THE FARM HAS 27 WELLS WITH ALL BUT 5 BEING ELECTRIC WELLS AND 1 MILE +/- OF UNDERGROUND PIPE WITH 23 RISERS. GROUNDWATER IN THIS AREA HAS A STATIC DEPT OF ABOUT 24 FT.WITH A DRAW DOWN OF LESS THAN 5 FT.. THE FARM IS PREPARED FOR HUNTING & IS A GREAT AREA FOR DUCKS & GEESE. THERE ARE 5 DUCK PITS ON THE EAST TRACT. PRESENTLY, THE FARM HAS HIGH TECH TENANTS WHO ARE WILLING TO CONTINUE LEASING WHEN THE FARM SELLS. TAXES ON THIS PROPERTY ARE $5.45 PER AC., INCLUDING IMPROVEMENTS. THE FARM HAS EXCELLANT CROP BASES FOR RICE,BEANS,WHEAT & MILO. SOILS ARE PREDEOMINATELY ALLIGATOR, ABOUT 90% WITH SOME EARLE AND BOWDRE SOILS, SCATTERED THRUOUHOUT THE FARM. THIS INVESTMENT GRADE FARM IS QUALITY & HIGHLY PRODUCTIVE.