Timberland Sale Prospectus.pdf
Reynolds Forestry Consulting & Real Estate, PLLC Colleen Morphew, Principal Broker Real Estate Manager Office: (870) 234-0200 ext 4
Real Estate Sales, Appraising & Timber Management
Web: www.reynoldsforestry.com Email: [email protected] Cell: 870-299-0978
PO Box 1129 Magnolia, AR 71754 Fax: (870) 234-0089
Timberland Sale Haley 69 - Columbia County (north of Magnolia in southwest Arkansas) Note:
Lump sum timberland sale by sealed bid. For more details visit www.reynoldsforestry.com and select “Haley 69” in “Land Sales” or email [email protected] or call Colleen at 870-299-0978.
Sealed Bid Date:
1:00 pm (USA Central Time) Wednesday, July 11th, 2012. (Bidders invited to light lunch at 12 pm).
Bid Location:
Reynolds Forestry’s Office at 2315 North Vine Street in Magnolia, Arkansas.
Lump Sum Bid:
Land Sale (all surface rights on 69.5 deed acres): $__________________________________________________
.
Bidder:
Name: Phone:
Company: .Fax:
.
. Email:
.
Property Overview: 69.5 total acres of upland gentle rolling coastal plain with sandy loam soil consisting of a 68-acre tract and nearby 1.5 acre tract with the following stand types: a) 43.5-acres of bare-land final harvested in 2009 with 2.5 year old mixed natural regeneration; b) 21-acres of streamside management zone primarily in mixed pulpwood and scattered sawtimber; c) 5-acres of powerline right-of-way (refer to map). A variety of game utilizes the property including whitetail, turkey, and squirrels. Special note: This tract is ready for site preparation and reforestation; keep in mind that reforestation capital investments can be expensed from personal income the year of occurrence; similar to a before tax IRA investment.
Access:
Columbia County Road 74 frontage on Westside of property. Good internal road into tract.
Bidding:
Bids received by fax, email, web, mail, in-person and phone (recorded) are confirmed and sealed for bid opening. Successful bidder notified in 48-hours of acceptance or rejection. Bid results provided to intentful bidders.
Reservations:
Minerals are reserved. Sellers reserve the right to reject any and all bids.
Earnest & Closing: 5% earnest money paid within five business days of acceptance. Closing administered by RFC. Closing within 30days of bid acceptance with additional time for 1031 exchange bidders. Taxes prorated. Revenue stamps, owner’s title insurance and closing administration divided equally. Closing costs added by buyer are paid by buyer. No other terms exist outside this document unless dually executed by both parties. All submitted bids (verbal or written) are legally binding to all terms stated in this bid prospectus and any deviating party is responsible for reimbursing legal costs related to ensuring compliance. Exceptions & contingencies by bidder must be in writing with bid. Legal & Lines:
NW¼ of SW¼ in Section 17 and Partial NE¼ SE¼ less 10.5 acres in Section 18 all in Township 15 South and Range 20 West containing 69.5 deed acres, more or less, in Columbia County, Arkansas. Sale boundary marked with white paint and RFC white flagging for north boundary; RFC white flagging, timber harvest line for east, south and west boundary (notated on aerial map) legal description with metes and bounds further described in warranty deed. No survey provided.
If you would like a personal tour of the property, or reforestation investment/return analysis, let me know. Colleen Morphew
Final Harvested in 2009 – 43.5 acres Haley 69 Timberland Sale Prospectus
Powerline – 5 acres
SMZ Hardwood – 21 acres Page 1 of 5
Haley 69 Timberland Sale Prospectus
Page 2 of 5
Haley 69 Timberland Sale Prospectus
Page 3 of 5
Haley 69 Timberland Sale Prospectus
Page 4 of 5
Haley 69 Pictorial Overview
Stand A - 43.5 acres bare-land harvested in 2009
Stand B - 21 acres streamside management zone - mixed pulpwood and scattered timber
Pine Plantation (after Stand pre-commercial C - 5 acres of thinned) powerline and County Rd 74 right-of-way
Haley 69 Timberland Sale Prospectus
Page 5 of 5
Real Estate Sales, Appraising & Timber Management
Web: www.reynoldsforestry.com Email: [email protected] Cell: 870-299-0978
PO Box 1129 Magnolia, AR 71754 Fax: (870) 234-0089
Timberland Sale Haley 69 - Columbia County (north of Magnolia in southwest Arkansas) Note:
Lump sum timberland sale by sealed bid. For more details visit www.reynoldsforestry.com and select “Haley 69” in “Land Sales” or email [email protected] or call Colleen at 870-299-0978.
Sealed Bid Date:
1:00 pm (USA Central Time) Wednesday, July 11th, 2012. (Bidders invited to light lunch at 12 pm).
Bid Location:
Reynolds Forestry’s Office at 2315 North Vine Street in Magnolia, Arkansas.
Lump Sum Bid:
Land Sale (all surface rights on 69.5 deed acres): $__________________________________________________
.
Bidder:
Name: Phone:
Company: .Fax:
.
. Email:
.
Property Overview: 69.5 total acres of upland gentle rolling coastal plain with sandy loam soil consisting of a 68-acre tract and nearby 1.5 acre tract with the following stand types: a) 43.5-acres of bare-land final harvested in 2009 with 2.5 year old mixed natural regeneration; b) 21-acres of streamside management zone primarily in mixed pulpwood and scattered sawtimber; c) 5-acres of powerline right-of-way (refer to map). A variety of game utilizes the property including whitetail, turkey, and squirrels. Special note: This tract is ready for site preparation and reforestation; keep in mind that reforestation capital investments can be expensed from personal income the year of occurrence; similar to a before tax IRA investment.
Access:
Columbia County Road 74 frontage on Westside of property. Good internal road into tract.
Bidding:
Bids received by fax, email, web, mail, in-person and phone (recorded) are confirmed and sealed for bid opening. Successful bidder notified in 48-hours of acceptance or rejection. Bid results provided to intentful bidders.
Reservations:
Minerals are reserved. Sellers reserve the right to reject any and all bids.
Earnest & Closing: 5% earnest money paid within five business days of acceptance. Closing administered by RFC. Closing within 30days of bid acceptance with additional time for 1031 exchange bidders. Taxes prorated. Revenue stamps, owner’s title insurance and closing administration divided equally. Closing costs added by buyer are paid by buyer. No other terms exist outside this document unless dually executed by both parties. All submitted bids (verbal or written) are legally binding to all terms stated in this bid prospectus and any deviating party is responsible for reimbursing legal costs related to ensuring compliance. Exceptions & contingencies by bidder must be in writing with bid. Legal & Lines:
NW¼ of SW¼ in Section 17 and Partial NE¼ SE¼ less 10.5 acres in Section 18 all in Township 15 South and Range 20 West containing 69.5 deed acres, more or less, in Columbia County, Arkansas. Sale boundary marked with white paint and RFC white flagging for north boundary; RFC white flagging, timber harvest line for east, south and west boundary (notated on aerial map) legal description with metes and bounds further described in warranty deed. No survey provided.
If you would like a personal tour of the property, or reforestation investment/return analysis, let me know. Colleen Morphew
Final Harvested in 2009 – 43.5 acres Haley 69 Timberland Sale Prospectus
Powerline – 5 acres
SMZ Hardwood – 21 acres Page 1 of 5
Haley 69 Timberland Sale Prospectus
Page 2 of 5
Haley 69 Timberland Sale Prospectus
Page 3 of 5
Haley 69 Timberland Sale Prospectus
Page 4 of 5
Haley 69 Pictorial Overview
Stand A - 43.5 acres bare-land harvested in 2009
Stand B - 21 acres streamside management zone - mixed pulpwood and scattered timber
Pine Plantation (after Stand pre-commercial C - 5 acres of thinned) powerline and County Rd 74 right-of-way
Haley 69 Timberland Sale Prospectus
Page 5 of 5
