HIGH BID ACCEPTED
Philadelphia
80 . . . majestic oak forest
80 acres
Columbia County, Southwest Arkansas
Ted's Quote:
“79 year old hardwood forest's annual 2.8% biological growth rate is better
than 5-year US Treasury Bill”.
Description:
80 deed acres
bottomland 200 feet elevation in silty loam.
· 77
acres of 79 year old mature hardwood forest with year round flowing creek.
·
3
acres in roads, pipeline and well sites.
Timber: 2014
inventory by Joe Willett with ton growth based on 2017 tree cores as below by
forester, Teddy Reynolds 870-299-0977. Bidders invited to conduct due diligent
inspections; individuals entering tract assume liability & waive owner
liability.
|
Product |
2014 |
Inventory |
Current Growth/Year |
2017 |
|
Acres |
Dbh |
Logs |
Tons |
Percent |
Tons |
Tons |
|
Pine Sawtimber |
77 |
17.8 |
2.7 |
1,330 |
2.9% |
0.5 |
1,449 |
|
Pine Pulpwood |
8.4 |
2.6 |
171 |
1.4% |
0.0 |
178 |
|
Oak Sawtimber |
19.8 |
1.8 |
1,923 |
3.9% |
1.1 |
2,156 |
|
Miscellaneous Sawtimber |
18.8 |
2.0 |
822 |
2.2% |
0.2 |
877 |
|
Hardwood Pulpwood |
10.2 |
2.0 |
1,212 |
1.6% |
0.3 |
1,270 |
|
Roads & Wells |
3 |
- |
- |
- |
- |
|
- |
|
|
80 |
|
|
5,458 |
2.8% |
2.2 |
5,930 |
Access:
Excellent gravel road
access
from south & west.
Boundary:
S½ NE¼
Section 10, Township 18 South, Range 22
West, Columbia County, Arkansas. Boundaries
painted white and flagged in
white RFC flagging; established GLO boundaries, no survey needed or
provided.
Sealed Bid: 1pm
Thursday, August 17th, 2017
(bid luncheon at noon; USA central time).
Cherry Bark Oak, 38" dbh & 2.5 logs
|
|
Bidding:
Bids received by fax, email, web, mail, in-person and phone (recorded) are
confirmed and sealed until bid opening. If you need assistance in determining
bid based on desired return rate (discount rate) utilizing custom growth-yield
model, email or call; all your information is confidential.
Reservation: Seller
reserves minerals & right to reject any bids.
Earnest:
10% within 5 business days of acceptance.
Closing:
Within
30 days of acceptance & administered by RFC&RE. Taxes prorated.
Revenue stamps, buyer’s title insurance and closing administration divided
equally. Closing costs increased by buyer paid by buyer (10% per annum daily
prorate fee for buyer closing extension). No other terms exist outside this
document unless duly executed by all parties. Submitted bids (verbal & written)
are legally binding to all terms stated in this bid prospectus and deviating
party responsible for reimbursing legal costs related to ensuring compliance.
Exceptions & contingencies by bidder must be in writing with bid and accepted in
writing.
Email or call me with any questions or if you would like a tour
or personal investment return analysis.
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