SOLD SOLD !!! 320 Ac Rice Farm In Woodruff County With 6% Return/Plenty of Ducks

County:	Woodruff County (AR)
Size:	320.0 acres 129.5 hectares
Asking Price:	USD $ 756,500.00
Residence?:	No
Irrigation?:	Yes
Contact Info:	Bob Hopkins Hopkins & Associates Realty, Inc. 517 Woodruff County Road 845 Augusta, AR 72006 Phone: (870) 347-1243 Email: hopkinsco123@yahoo.com
General Description: This farm shown by appt. only with Bob Hopkins, Broker. 870-347-1243. This farm is a highly income rice farm with highway frontage. Also, when the creek going thru the property it is a duck hunter's dream. Tenant: Larry Key Tract # 552 - Cropland 308.6. Double crop 263.6 = Total 572.2. Crop Base Payment Ac Yield Rate Payment Wheat 32.7 27.8 38 .52 $549.33 Rice 330.7 281.1 4434 .0235 $29,290.34 Corn 151.9 129.1 63 .28 $2,277.32 Milo 56.9 48.4 55 .35 $931.70 Total: $33,048.69 Larry Key Farm Lease: Cropland 308.6 x $40 per acre= $12,344.00 Government Payments= $33,048.69 Total Cash Farm Lease= $45,392.69 Farm Purchase: Price Per Acre: $ 2,364 Total Acres: 320 Price: $756,500 Yearly Income $45,392.69/$756,500 = 6% R.O.I. The property frontage on Highway County Road 252. Two Wells. The excellent duck hunting on the creek going thru the farm can be lease to some duck hunters. Pictures are in the package.
Location Description: The property is North of Augusta on Paved County Road 252.
Improvement Notes: High Rice Base and ROI. Two wells. Paved frontage. Escellent duck hunting.
Financial Notes: The price is $ 756,500 at $ 2364 per acre. The price is firm. There is not a survey and the owner will not provide one at this price. The Information was given to Hopkins Realty by the owner but Hopkins Realty does not warrant the informaton and it can change without notice.
Soil Notes: Bosket-Dundee-Dubbs Association.