Perfect For Any Size Investor
Palestine, AR 72372
St. Francis County, Arkansas
Farm Description
This property is in five separate fields that are all conveniently located within a one mile radius of each other. We are offering all five tracts together for one price but are willing to sell the tracts separately if the buyer would not want the whole farm. The soil is almost entirely silt loams which make this an excellent production farm. The property is also blessed with a very ample water supply that will support beans, corn, rice, wheat or cotton. In 2013 the separate tracts brought $180 an acre cash rent and in 2012 it produced beans, corn and rice. There are numerous ditches running along and through the fields providing good drainage for crop production. While this farm has an outstanding performance history, Ray and Travis have several grading improvements planned that will increase crop yields while allowing for added crop diversity and better crop rotations. The 2014 crop plan includes 375 acres of beans and 300 acres of rice.
Approximately 554 acres are irrigated with 121 dry, leaving 50 in woods for hunting. There are six wells on the property; three are turbine, and three are electric. Ray and Travis will improve the property by laser grading and enhancing crowns.
If sold separately, the four tracts are broken down as follows:
Tract 1 - 40 acres with shop building and electric well - $244,000 or $6,100 p/acre
Tract 2 - 246 acres with electric well - $1,082,400 or $4,400 p/acre
Tract 3 - 80 acres with turbine well - $330,000 or $4,125 p/acre
Tract 4 - 360 acres which includes a 320 acre field with one electric and one turbine well, and a 40 acre field with one turbine well - $1,785,600 or $4,960 p/acre
Farm Map & Boundaries
Directions
Take Hwy 261 north at the Palestine exit off of Interstate 40. Go north approximately 4 miles to Slonikers Mill Rd. When you get to SCF 123 you will by the four tracts.
More Farm Details
Ray Rowland
Rowland Farm Investments
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About Ray Rowland
Rowland Farm Investments works every day to help wise investors gain access to a real asset that produces consistent and ongoing income. Through our knowledge of the Mississippi Delta, which is America’s most reliable grain producing region, we are a growing agricultural advisor company that helps our clients find and manage quality revenue producing farms. We specialize in taking dry land and increasing yields by efficiently grading and irrigating the property. We work with a small number of clients helping them identify buying opportunities that meet their investing needs. Given our successful track record of increasing value on land along the Mississippi River, Rowland Farm Investments is quickly emerging as the go-to partner for the region, which has allowed select purchasers to diversify their investment portfolios and increase revenues.
