Oats Creek Hollow.pdf

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offered for sale

Oats creek hollow

A timberland and recreational investment opportunity. 2 contiguous tracts totalling 450 (+/-) acres • Jackson County, Arkansas

offered by

DISCLOSURE STATEMENT Lile Real Estate, Inc. is the listing agency for the owner of the property described within this offering brochure. A representative of Lile Real Estate, Inc. must be present to conduct a showing. The management of Lile Real Estate, Inc. respectfully requests that interested parties contact us in advance to schedule a proper showing and do not attempt to tour or trespass the property on their own. Thank you for your cooperation. Some images shown within this offering brochure are used for representative purposes and may not have been taken on location at the subject property. This offering subject to errors, omissions, change or withdrawal without notice. All information provided herein is intended as a general guideline and has been provided by sources deemed reliable, but the accuracy of which we cannot guarantee.

vicinity map

subject property

property summary Description:

Oats Creek Hollow is located in southeastern Jackson County, Arkansas near the community of Bradford and consists of two (2) tracts, which total 450 (+/-) contiguous acres. Tract 1 totals 230 (+/-) acres and Tract 2 totals 220 (+/-) acres. This property is offered for sale as a whole or as individual tracts. Tract 1 consists of 230 (+/-) acres and 72 percent of the property is in native hardwoods with the remaining acreage in pasture and open lands. There is a 5 (+/-) acre spring fed pond providing a water source to livestock. Access to the property is excellent via Arkansas Highway 87 and Jackson County Road 5. There is one (1) mile of county road frontage and the land is partially fenced with gated access. The property provides opportunities for cattle grazing and offers excellent recreational hunting for deer and turkey. The property is bordered by large tracts of timber, which should supply additional wildlife resources to the property. The land is fenced and has gated access. 30% of the mineral rights owned by the Seller shall convey to the Buyer. The mineral rights are leased on a five (5) year term to BHP Petroleum and the second year of the lease ended in April 2013. A right-of-way easement exists, 25 feet in width, providing free ingress and egress to and from at any and all times to Tract 2. The property is offered for sale at an asking price of $368,000.00. Tract 2 consists of 220 (+/-) acres and 100 percent of the property is in native hardwoods and rises in elevation above a magnificent hollow. Oats Creek runs through the center of the property. The property is bordered by large tracts of timber, which should supply additional wildlife resources to the property. 30% of the mineral rights owned by the Seller shall convey to the Buyer. The property is offered for sale at an asking price of $352,000.00. The property lends itself well for a single owner offering excellent outdoor recreation opportunities for deer and turkey hunting and general outdoor activities. Any questions concerning this offering or to schedule a property tour should be directed to Nathan Gregory (mobile: 870-731-4344) of Lile Real Estate, Inc.

Location: Bradford, Arkansas; Northeast Region of Arkansas Mileage Chart Bald Knob, AR 13 miles Newport, AR 17 miles Searcy, AR 31 miles Batesville, AR 32 miles Heber Springs, AR 50 miles Little Rock, AR 72 miles Access:



Access is excellent via Arkansas Highway 87 and Jackson County Road 5.

Acreage: 450 (+/-) Total Acres Tract 1: 230 (+/-) Total Acres Acreage Breakdown (estimated) 165 (+/-) acres (72%) in timber 60 (+/-) acres (26%) in pasture/open lands 5 (+/-) acres (2%) in ponds Tract 2: 220 (+/-) Total Acres Acreage Breakdown (estimated) 220 (+/-) acres (100%) in timber Real Estate Taxes: Tract 1 + 2: Tract 1: Tract 2:

$557.60 $270.60 $287.00

Improvements: Tract 1: Tract 2:

Property is partially fenced and has gated access. Property has a mobile home and site to construct a hunting cabin.

Mineral Rights: Tract 1: Tract 2:



30% of the mineral rights, which are owned by Seller shall transfer to Buyer. The mineral rights are presently leased to BHP Petroleum for five (5) years. The lease completed year two (2) in April 2013. 30% of the mineral rights, which are owned by Seller shall transfer to Buyer.

Easement: Tract 1:



A right-of-way easement exists, 25 feet in width, providing free ingress and egress to and from at any and all times to Tract 2.

Recreation:

Deer and turkey hunting, and general outdoor activities.

Offering Price:

Tract 1: Tract 2: Whole:

Contact:

Any questions concerning this offering or to schedule a property tour should be directed to Nathan Gregory (mobile: 870-731-4344) of Lile Real Estate, Inc.

$368,000.00 ($1,600.00 per acre) $352,000.00 ($1,600.00 per acre) $720,000.00 ($1,600.00 per acre)

plat map

aerial view

tract 1

tract 2

topographical map

tract 1

tract 2

notes