This property has been sold.Search for Available Property.
240.17 acres of soon to be cutover timberland located at the eastern base of Lebanon Mountain some 23 miles north/northwest of Tupelo and just off Hwy. 30 in SW Prentiss County. Other nearby cities include Booneville, New Albany, Baldwyn & Ripley. Access is by a woods road along a recorded 30' perpetual easement leading from CR 7515 to the interior of this property and also along an abandoned county road.
The standing timber was recently sold under a 24 month contract that will expire February 16, 2018. However, like any good business, the logging company does not want to tie up their money any longer than possible and indications are that harvesting will be commenced within the next 90 days. We, of course, cannot guarantee this and you should make your evaluations accordingly. Note that all pics shown in this presentation were made prior to the timber sale.
There are some good lake sites on the property and deer, turkey & small game are right at home here. The surrounding lands further support a healthy wildlife habitat. Currently, you will find a fair network of logging roads & ATV trails throughout. Terms of the timber contract require the logging company to leave these roads & trails in as good or better condition after harvest operations have ceased.
The soils & topography are favorable for a number of post harvest options that you can be tailored to meet your particular financial & management goals for the property. Whether that be timber, recreation, livestock or any combination thereof, the low $750.00 per acre price presents a solid, low risk opportunity to leverage your investment dollar. Broker can add up to 600+ adjoining acres.
All inspections must be approved by Broker
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