$2,400,000
$2,400,000
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550 Acres Lot
SOLD DATE : 02/09/2024
Key Details
Sold Price $2,400,000
Property Type Vacant Land
Sub Type Timberland
Listing Status Sold
Purchase Type For Sale
Subdivision Rural Tract (No Subd)
MLS Listing ID 2024002272
Sold Date 02/09/24
Lot Size 550.000 Acres
Property Sub-Type Timberland
Property Description
Welcome to Rivers Bend, a 550+/- acre hunting tract located in Enterprise, La. This 550 acre tract is surrounded by the Ouachita River on two sides and Hwy 124 frontage on the south end of the property. This property is divided between CRP and mature hardwoods. The 300 acres enrolled in the CRP program yield an annual income of $21,000 for the next twelve years, with additional potential revenue from future thinning. The 200 acres of mature hardwoods are primed for thinning, providing immediate income for new owners. There is a good portion of this land financed with Louisiana land bank at a low interest rate that will rollover with the new owners if needed. The previous owners have managed this place year around for quality hunting and big deer, including year around feeding. The previous owners will also consider leaving all gravity feeders and box stands on the property. On the southwest end of the property there is a 2 bed 1 bath camp with a back porch over looking the Ouachita river. The camp has not been occupied in the last couple years but with little work you could have a perfect hunting camp. If you are looking for a property with great hunting, great access, immediate and future income, and a million dollar view of the Ouachita River, then give me a call and we can schedule a showing.
Location
State LA
County Catahoula
Direction The property is located on the North side of Hwy 124 in Enterprise, LA.
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Waterfront Description River Front
View Y/N true
View Water
Private Pool false
Building
Water Public
Schools
Elementary Schools Catahoula Parish
Middle Schools Catahoula Parish
High Schools Catahoula Parish
Others
Acceptable Financing Conventional
Listing Terms Conventional
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