INCOME PRODUCING RIVER TRACT
EFFINGHAM COUNTY, GA
This property is located approximately 13 miles south of Springfield, 20 miles west of Savannah and 35 miles southeast of Statesboro GA. The property lies on the Ogeechee River relatively conveniently to I-16 and Hwy. 80 just off Sand Hill Road in southern Effingham County.
While the majority of this tract is wooded and has over 3000 ft. on the Ogeechee River it is far more than the average timberland/recreational tract. There is a 26 acre pond located on the property that was created from sand mining in years gone by. An operating sand mining business leasing a small portion of the land today is creating a second large pond and it offers monthly royalty payments for years to come. These royalty payments in the past few years have ranged from a low of (September 2010) to a high of 9071.00/month (February 2013). The current owner believes approximately 2,000,000.00 in royalties remain to be paid in the years ahead.
An interior road traversing the property and ending at the river landing within the property boundary provides good access over the land. The majority of the merchantable timber lies closer to the river providing a haven for deer, turkey and other forms of wildlife providing excellent hunting.
This combination investment recreational tract offers merchantable timber, sand mining royalties, hunting and fishing all less than 30 minutes from Savannah. A small home lying near the center of the property overlooking the 26 acre pond could be used as lodging for weekend recreational fun.
992,620.00 ( 2820/acre)