Income Producing, Irrigated Farm Portfolio - UNDER CONTRACT
UNDER CONTRACT
These three farms are located just off Highway 308 in Sumter County, GA. They are between Plains, GA, and Smithville, GA. The farms are all 3 miles apart from each other; therefore, you can take advantage of weather patterns and the ability to move equipment between farms easily.
The Harrell Farm is comprised of 290 tillable acres with 240+ acres being under irrigation. The irrigation is provided by three-phase electric, three permitted wells, and six pivots, two of which are new. This is a well-maintained row crop farm, virtually all open ground. The current rental payment is $70,000.
The West Farm comprises 198 total acres, with over 130 acres irrigated and 25 acres of Bermuda hay. The balance of the acreage is in natural woods that adjoin big woods tracts. Irrigation is provided via three-phase electric, an eight-tower valley pivot that is 10 years old, and a surface...
The West Farm comprises 198 total acres, with over 130 acres irrigated and 25 acres of Bermuda hay. The balance of the acreage is in natural woods that adjoin big woods tracts. Irrigation is provided via three-phase electric, an eight-tower valley pivot that is 10 years old, and a surface water permit on Muckaloochee Creek, which ensures a dependable year-round water supply. For the deer hunter in you, there is a fair amount of deer to hunt and some pretty good quality animals in the area. The current rental payment is $35,000.
The Odom Farm has a total of 232 acres with a big hardwood bottom on Muckaloochee Creek. One hundred irrigated acres are under five pivots, one of which is new. Water is provided through a surface water permit, offering year-round, dependable water. The water is pumped from the creek by three-phase electric, a newly installed electric pump, and a river screen. There is also a newly permitted deep well that will be installed in the near future. For the deer hunter, several really nice trophy bucks have been consistently harvested from this property. This farm is currently rented for $30,000.
The seller is only interested in selling these properties in order to acquire a replacement property closer to his headquarters. This is an excellent opportunity for you to acquire a great, income-producing farm portfolio with good recreational and hunting values. Call today to learn more about this great opportunity! Priced at $3,800,000.
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About Mark Crews, ALC
Primarily sell large land tracts, farms, ranches, timber tracts, recreational properties. Lic. Real Estate Broker in FL, GA, with 45 years' experience in agriculture as rancher, farmer, landowner & Accredited Land Consultant. Experienced and knowledgeable in 1031 and reverse 1031 exchanges, also in using SEP IRA accounts to purchase land.