offered for sale via sealed bid
TURNER FAMILY LP TIMBERLAND A Timberland / Recreational Investment Property 801 (+/-) total acres • Cleveland County, Arkansas
BID DATE: Thursday, February 18, 2016 by 3:00 PM offered by
L i c e n s e d i n A r k a n s a s , L o u i s i a n a , M i s s i s s i p p i , Te n n e s s e e a n d Te x a s
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 on 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
November 3, 2015
NOTICE OF LAND SALE BY SEALED BID
We offer for sale the following tracts of land in Cleveland County, Arkansas
Turner Family LP Timberland
CONDITIONS OF SALE:
1.
ealed bids will be received at the office of Lile Real Estate, Inc. 401 Autumn Road, Little Rock, AR 72211 until S 3:00 p.m. Thursday, February 18, 2016 and at that time privately opened. If your bid is mailed, please indicate on the outside of the envelope “Bid on Turner Family Timberland”. Bids may be faxed to 501-374-0609, or emailed to
[email protected]. The successful bidder will be required to close within and no later than thirty five (35) days from the effective date of an executed contract. An offer form is attached.
2.
creages are believed to be correct but are not guaranteed. In all cases, no adjustment will be made in the contract A price based on any subsequent survey conducted by a Buyer. It is the Prospective Buyer’s responsibility to verify the accuracy of all acreage.
3.
Seller will furnish title insurance.
4.
warranty deed will be prepared by Seller. The Seller will pay half of the documentary stamps required by law for A the recordation of the deed.
5.
All property taxes will be paid by the owner up to date of the sale.
6.
he land will be sold to the highest bidder; however, the Seller reserves the right to refuse any or all bids, to waive T any technical defect in bids, and unless otherwise specified by the seller, to accept any bid as may be in the best interest of the seller.
7.
At the completion of the bidding process, a final contract will be signed by both Buyer and Seller.
8.
ll merchantable timber shall transfer to the Buyer, unencumbered by any timber deeds or forestry management A contracts.
9.
All active recreational leases can be provided upon request.
10.
ll Seller owned mineral rights shall transfer to the Buyer, but the Seller does not warrant or guarantee ownership of A such.
11.
AGENCY: LISTING AGENT FIRM REPRESENTS SELLER: Buyer and Seller acknowledge that the Listing Agent Firm is employed by the Seller. All licensees associated with the Listing Agent Firm are employed by, represent, and are responsible to the Seller. The Listing Agent makes no representation as to the condition of the property or its suitability to the Buyer’s needs. The Buyer(s) are responsible for verifying information regarding this property and obtaining legal counsel if desired. If Buyer seeks representation from a licensed real estate agent, then it is the Buyers sole responsibility to pay for such services.
12.
ll Seller owned structures shall transfer in their respective “as-is where is” condition, with no implied or written A warranties. Lessees shall be given fourteen (14) calendar days upon the expiration of their leases to remove any personal items such as deer stands, sheds, canopies, pavilions, or other miscellaneous buildings that do not belong to the Seller.
13.
Any questions concerning this sale should be directed to Brandon Stafford or Gar Lile / Lile Real Estate, Inc. 501-416-9748 Mobile or 501-374-3411 Office. Agency Disclosure All information contained herein has been obtained from sources we believe to be reliable. However, no warranty or guarantee is made to the accuracy of the information. Lile Real Estate, Inc. is the agent of the owner of the property described within this property offering.
OFFER FORM - TURNER FAMILY LP TIMBERLAND Bid Date: Thursday, February 18, 2016 by 3:00 PM
Bidder herby submits the following as an offer for the purchase of the lands located in Cleveland County, Arkansas; as described by the sales notice.
his offer will remain valid through Monday, February 22, 2016 at 3:00 p.m. If this offer is accepted the Bidder T is obligated to execute an offer and acceptance contract with the Seller. Upon acceptance earnest money shall be tendered within three (3) calendar days in the amount of five thousand dollars ($5,000.00) per winning bid. Closing shall take place no later than thirty-five (35) days from the effective date of the executed contract. A copy of the offer and acceptance contract can be requested for review prior to the bid date.
Bids will be privately opened and accepted in the form of: hand delivery, physical mail, email, or fax. The information for each is as follows:
Mail offer from to:
ile Real Estate, Inc. (Before 3:00 p.m. on February 18, 2016) L 401 Autumn Road Little Rock, AR 72211
Fax offer form to:
501-374-0609
Email offer form to:
[email protected] Tract No. $$/Bid Amount Tract #1...........................................................$ Tract #2...........................................................$ Tract #3...........................................................$ Whole (Tracts #1, #2, #3)...............................$
Bidder: _________________________________ Date:
________________________________
Phone No.:
_________________________________
Fax No.:
_________________________________
Email:
_________________________________
Address: _________________________________ Signature: _________________________________
ownership map Tract 1 | Cleveland County
ownership map Tract 1 | Cleveland County
ownership map Tract 2 & 3 | Cleveland County
tract
1 | kedron farm
Ownership:
Turner Family Limited Partnership
Acreage/ Real Estate Taxes: Access:
Parcel Number
Mnt. Carmel Road - Gravel Cleveland County All-Weather Road
Mineral Rights:
All Minerals shall transfer to the Buyer, however the Seller does not warrant or guarantee ownership of such.
Utilities:
Water and Electricity
Hunting Lease:
J.D.D. Hunting Club / Expires June 1, 2016
Cabin/Site Lease:
Multiple Parties / Expires June 1, 2016
Acreage
03302-00 162.92 05786-00 40.00 03050-00 40.00 Total 242.92
Estimated Taxes
$291.63 $134.48 $59.81 $485.92
Notes: Contact:
Brandon Stafford / Lile Real Estate, Inc. 501-374-3411 (Office)
aerial map TractMap 1 Aerial
map center: 34° 1' 38.31, 92° 9' 19.92
0ft
2218ft
18-8S-10W Cleveland County Arkansas 11/2/2015 Field borders provided by Farm Service Agency as of 5/21/2008.
4436ft
soil map Tract 1 Soil Map
State: County: Location: Township: Acres: Date:
Arkansas Cleveland 18-8S-10W Niven 254.14 11/2/2015
Soils data provided by USDA and NRCS.
Area Symbol: AR025, Soil Area Version: 13 Code Soil Description
Acres Percent of field
NonIrr Class Legend
Non Bahiagrass Irr Class *c
Common bermudagrass
Corn Cotton lint
Improved bermudagrass
Wa
Wehadkee silt loam
90.20
35.5%
IVw
75
9.5
30
CaA
Caddo silt loam, 0 to 1 percent slopes
71.99
28.3%
IIIw
6.5
5
60
100
24
PrC
Prentiss very fine sandy loam, 3 to 8 percent slopes
53.31
21.0%
IIIe
9
80
750
9
30
8
40
StB
Stough silt loam, 1 to 3 percent slopes
38.64
15.2%
IIw
8
80
725
8
25
8
35
Weighted Average
4.9
1.4
72.6
267.6
3.1
3.4
28.3
27.5
2.9
13.7
Area Symbol: AR025, Soil Area Version: 13 *c: Using Capabilities Class Dominant Condition Aggregation Method Soils data provided by USDA and NRCS.
Pasture
Rice Irrigated
Soybeans
Tall Wheat fescue
topography map Tract 1 Map Topography
map center: 34° 1' 38.31, 92° 9' 19.92
0ft
2218ft
18-8S-10W Cleveland County Arkansas 11/2/2015 Field borders provided by Farm Service Agency as of 5/21/2008.
4436ft
tract
1 | kedron farm
tract
2 | wallace place
Ownership:
Turner Family Limited Partnership
Acreage/ Real Estate Taxes: Access:
Parcel Number
Mineral Rights:
All Minerals shall transfer to the Buyer, however the Seller does not warrant or guarantee ownership of such.
Utilities:
Water and Electricity
Hunting Lease:
Bob & Hazel Hunting Club / Expires November 1, 2016
Cabin/Site Lease:
Multiple Parties / Expires November 1, 2016
Notes:
Saline River Frontage; Concrete Boat Ramp
Contact:
Brandon Stafford / Lile Real Estate, Inc. 501-374-3411 (Office)
04444-00 04452-00 04443-00 Total
Acreage
51.5 31.0 40.0 122.5
Estimated Taxes
$102.69 $25.04 $69.70 $197.43
Reed Camp Road - Gravel Cleveland County All-Weather Road
aerial map Aerial TractMap 2
map center: 33° 52' 10.58, 92° 10' 29.73
0ft
1007ft
6-10S-10W Cleveland County Arkansas 11/2/2015 Field borders provided by Farm Service Agency as of 5/21/2008.
2014ft
soil map Tract 2 Soil Map
Arkansas Cleveland 6-10S-10W Smith 131.96 11/2/2015
State: County: Location: Township: Acres: Date:
Soils data provided by USDA and NRCS.
Area Symbol: AR025, Soil Area Version: 13 Code Soil Description
Acres Percent of field
NonIrr Class Legend
Non Bahiagrass Irr Class *c
Common bermudagrass
Corn Cotton lint
Improved bermudagrass
Pasture
Soybeans
Tall Warm fescue season grasses
Wheat
Ow
Ochlockonee Wehadkee association (guyton)
61.49
46.6%
IVw
7
30
6
SaC
Saffell gravelly fine sandy loam, 3 to 8 percent slopes
16.41
12.4%
IIIe
5
4
5
30
Wb
Wehadkee soils, and Udifluvents
16.18
12.3%
VIw
8.5
TaB2 Tippah silt loam, 1 to 3 percent slopes, eroded
15.09
11.4%
IIe
9
80
650
10
35
8.5
35
SaE
Saffell gravelly fine sandy loam, 8 to 25 percent slopes
14.96
11.3%
VIe
4
3
4
ShC
Savannah very fine sandy loam, 3 to 8 percent slopes
3.39
2.6%
IIIe
9
70
600
8
30
7.5
35
W
Water
3.31
2.5%
BoE2 Boswell loam, 8 to 20 percent slopes, eroded
1.06
0.8%
VIe
4
4
Wf
0.07
0.1%
VIw
8.5
Weighted Average
2.4
0.9
10.9
89.7
5.7
1
18.8
1.2
2.8
8.6
Wehadkee Falaya association
Area Symbol: AR025, Soil Area Version: 13 *c: Using Capabilities Class Dominant Condition Aggregation Method Soils data provided by USDA and NRCS.
topography map Topography Tract 2 Map
map center: 33° 52' 10.58, 92° 10' 29.73
0ft
1007ft
6-10S-10W Cleveland County Arkansas 11/2/2015 Field borders provided by Farm Service Agency as of 5/21/2008.
2014ft
tract
2 | wallace place
tract
2 | wallace place
tract
2 | wallace place
tract
2 | wallace place
tract
3 | merrill ranch
Ownership:
Turner Family Limited Partnership
Acreage/ Real Estate Taxes: Access:
Parcel Number
Mineral Rights:
All Minerals shall transfer to the Buyer, however the Seller does not warrant or guarantee ownership of such.
Acreage
04688-00 75.36 04679-00 320.00 04675-00 40.00 Total 435.36
Estimated Taxes
$54.16 $476.87 $28.72 $559.75
Arkansas State Highway 35 Herrington Road - Gravel Cleveland County (CR110) All-Weather Road
Improvements: Utilities:
Water and Electricity
Hunting Lease:
Cottondale Farms / Expires October 20, 2016
Cabin/Site Lease:
None
Notes:
Saline River Frontage
Contact:
Brandon Stafford / Lile Real Estate, Inc. 501-374-3411 (Office)
aerial map TractMap 3 Aerial
map center: 33° 49' 32.24, 92° 5' 20.55
0ft
1230ft
24-10S-10W Cleveland County Arkansas 11/2/2015 Field borders provided by Farm Service Agency as of 5/21/2008.
2461ft
soil map Tract 3 Soil Map
State: County: Location: Township: Acres: Date:
Arkansas Cleveland 24-10S-10W Smith 461.47 11/2/2015
Soils data provided by USDA and NRCS.
Area Symbol: AR025, Soil Area Version: 13 Code
Soil Description
Wf
Wehadkee Falaya association
Acres
Percent of field
NonIrr Class Legend
Non Bahiagrass Irr Class *c
Common bermudagrass
Corn Corn Cotton silage lint
Grass Improved hay bermudagrass
Oats Pasture
Rice Irrigated
Soybeans
Tall fescue
248.92
53.9%
VIw
8.5
CbC2 Cahaba fine sandy loam, 3 to 8 percent slopes, eroded
45.92
10.0%
IIIe
8
85
750
5.5
9.5
70
30
StB
Stough silt loam, 1 to 3 percent slopes
40.42
8.8%
IIw
8
80
725
8
25
Ow
Ochlockonee Wehadkee association (guyton)
39.23
8.5%
IVw
7
30
CaA
Caddo silt loam, 0 to 1 percent slopes
33.42
7.2%
IIIw
6.5
5
60
100
24
Wb
Wehadkee soils, and Udifluvents
18.53
4.0%
VIw
8.5
StC
Stough silt loam, 3 to 8 percent slopes
18.12
3.9%
IIIe
8
70
675
8
25
W
Water
9.17
2.0%
ShB
Savannah very fine sandy loam, 1 to 3 percent slopes
5.19
1.1%
IIe
9
75
650
8.5
35
Oc
Ochlockonee very fine sandy loam
2.55
0.6%
IIw
110
22
8
75
40
topography map Tract 3 Map Topography
map center: 33° 49' 32.24, 92° 5' 20.55
0ft
1230ft
24-10S-10W Cleveland County Arkansas 11/2/2015 Field borders provided by Farm Service Agency as of 5/21/2008.
2461ft
tract
3 | merrill ranch
notes
LILE REAL ESTATE, INC. Arkansas - Corporate Office 401 Autumn Road Little Rock, AR 72211 501.374.3411 501.374.0609 (fax)
Tennessee - Regional Office 5521 Murray Avenue, Suite 110 Memphis, TN 38119 901.260.4580 901.260.4582 (fax)
[email protected] www.lilerealestate.com
L i c e n s e d i n A r k a n s a s , L o u i s i a n a , M i s s i s s i p p i , Te n n e s s e e a n d Te x a s