Connells Point, AR 72366 - Monroe County

Description:

The Connells Point Farm is a well-located, high-quality cotton and grain farm in western Phillips and eastern Monroe Counties, AR. It is situated in a very desirable farming area with excellent underground irrigation water. The farm consists of 910+- total acres with 790.22 cultivated acres. The vast majority of the farm is either pivot irrigated, precision leveled, or furrow irrigated, with only the small pivot corners being non-irrigated.

Location:

The property is located in western Phillips and eastern Monroe Counties, Arkansas at the community of Connells Point, AR approximately eight miles southwest of Marvell. The farm has excellent access with access to all parcels via Connells Point Rd. There are several chemical and fertilizer outlets, equipment and parts dealers, and grain elevators nearby.

Acreage:

Approximately 910 total acres and 790.22 FSA cropland acres. There are approximately 370 acres under 3 center pivot systems with most of the remaining acreage being furrow irrigated by 6 irrigation wells. Only small pivot corners are non-irrigated. The seller is willing to have the farm surveyed and retain ownership of the woodlands.

Soils:

The soil types are 78.8% Class I and II Memphis, Callaway, and Falaya silt loams with the balance being class III and IV Henry, Moon and Grenada silt loams. The soils are excellent quality and suitable to grow almost any crop produced in the midsouth. The farm has a long history of cotton production.

Improvements:

3 center pivot irrigation system and 9 total irrigation wells as well as several sheds with minimal value.

Offering Price:

$6,403,716 or $7,800 per cropland and $2,000 per woodland.

Lease:

The farm is owner operated, and the seller would be willing to lease the property back.

Possession:

At closing.

Showing:

Showing by appointment only. To request showing or more information contact Allen or Phillip using contact information below.

Disclaimer:

The Farmland Group, LLC is the exclusive agent for the property herein. This brochure and all information contained herein is believed to be correct; however, we make no guarantee as to its accuracy. Prospective buyers are urged to inspect the property and perform their own independent due diligence. The Farmland Group, LLC and its agents assume no liability as to errors, omissions, or investment results.