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55 ac - Timberland for Income & Hunting - Price Reduced

MLS Number: LA237400
Price : $60,500
Features: Electricity, Hunting, Hwy-County Rd Frontage, Rural Water, Timber
Acreage : 55.00
State: Louisiana
County: Union
Status: Active
Property Documents: N/A

55 +/- 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 has been 1st-thinned and is set for good growth. It has a couple small drains that run through it that will provide some good locations for deer stands.

Location: Situated between West Monroe and Farmerville on Goldsmith and Williams Colony Roads.

Access: Williams Colony road cuts across the southwest corner of the property and Goldsmith road runs along the south end.

Minerals: Negotiable

Legal Description: Situated in Section 25-T19N-R1E, Union Parish, LA

Asking Price: $60,500

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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