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Details about the Country Home
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| County: Tallahatchie |
Type: Acreage |
Acres: 745 |
| Address: |
City: Charleston |
State: Mississippi |
| Zip: 38958 |
Price:
$1,699,000.00 |
Status: Available |
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Description of the Country Home
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The tract consist of approximately 450 acres of pine plantation, most of which has received two thinnings. Currently, 377.9 acres are under a CRP contract which ends October 1, 2011 with one more payment due in late September of near $18,990.00. This existing contract would prohibit a clear-cut of the timber prior to contracts end, but thinning would be allowed.
Also, the said 377.9 acres has recently been approved for a new CRP contract which will pay $24,046 per year for 10 years through September 30, 2021. The current owners have entered into the CRP contract, but would be willing to pay liquidated damages of $6011.44 to cancel the CRP contract within the first year if the new owner does not want to assume the new agreement.
This new CRP contract will allow thinning of the trees without forfeiting a years payment, but will not allow clear-cutting.
The remaining timbered acreage is approximately 252 acres of upland, mixed pine/hardwood timber. It is a mixture of trees species, including mast producing oaks and hickories, that are pulpwood and sawtimber size material.
The balance of the acreage is made up of a 10 acre open field, which is being used for wildlife planting, some Kudzu areas, roads, and other miscellaneous openings.
Overall, this 745 acres is well suited both for the timberland investor and for the outdoors enthusiast. This property has good public road access, and a well maintained network of internal roads, which provide good access to the property any time of year.
In addition, owners have agreed to sell all mineral rights currently owned.
This property is one contiguous block which has a year-round stream that flows for a span of over a mile through the tract. A hunting lease exist on the tract ,but can be canceled upon the sell of the property. Hunting is excellent and wildlife habitat has been carefully maintained by an annual lease with a local hunting club and timber thinning. Income from the hunting lease is approximately equal to one years taxes. |
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Directions to the Country Home
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Located in northwest Mississippi just a few miles southeast of Charleston, this tract is ideally located for investors as well as the avid outdoorsman. Approximately 2 hours from either Jackson, Mississippi or Memphis, TN, with easy access to Interstate 55, this property is easy to find. Please see the maps included on the web site for directions to the property, and contact broker for additional assistance.
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Find more property:
Mississippi Land for Sale |
Charleston, Mississippi Land for Sale |
Tallahatchie County Land for Sale
NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.
