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40 ac - Pine Timberland for Income & Hunting - Price Reduced

MLS Number: LA237231
Price : $44,000
Features: Hunting, Minerals
Acreage : 40.00
State: Louisiana
County: Union
Status: Active
Property Documents: N/A

40 +/- ac timberland for hunting in Union Parish, LA

The price got your attention but understand that this tract has a timber lease in place until July 2042. It is suited for a long-term cash investment where you earn some return on investment from the lease. Future benefits will be the appreciation of land value and any potential oil/gas activity.

The timber is leased by Weyerhaeuser. The landowner gets $20 / acre per year for the lease AND 5% of the market value of the timber that is cut at each thinning and final clear cut. The landowner still has all the rights to the hunting and any mineral development.

This tract is ready for its 1st thinning. It has a small creek bottom that runs through it that will provide some good locations for deer stands.

Location: Situated between West Monroe and Farmerville off Goldsmith Rd.

Access: There is no known legal access, but the current owner and logging operations have always accessed the tract at the northwest corner through a logging road off Goldsmith road. This road is visible on the aerial map.

Minerals: Negotiable

Legal Description: SW/4 of SW/4, Section 18-T19N-R2E, Union Parish, LA

Asking Price: $44,000

NOTE: Buyers agents see the commission information in the footer of the RecLand site.

Call Pat Porter @ 318.366.0381 or see the RecLand site for all our listings and aerial mapping.

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