370 ACRES PANOLA COUNTY MS FARMLAND

PANOLA

Contact Agent:

Bill Gates 901-488-0368

Location:

On Taylor Road, South of HWY 35, approximately 10 miles south of Batesville

Acreage:

WHEAT BASE: 17.37 acres @ 48 bushel PLC yield

CORN BASE: 8.63 acres @ 115 bushel PLC yield

SOYBEAN BASE: 17.37 acres at 33 bushel PLC yield

COTTON BASE: 197.30 acres @ 21279 lbs. PLC yield; Generic Base 49.33 acres

Features:

FARM LEASE: 4 years at $73,800.00 per year based upon $4,000.00 per acre.

RETURN: $73,800.00  Annual Rent generates 4.99 percent gross return!!!

Purchase Price:

$1,480,000.00 based upon $4000.00 per acre.

SUBJECT TO SELLER’s 1031 TAX EXCHANGE

Property Description:

HIGH YIELDS -HIGH RENT-HIGH RETURN ON INVESTMENT!!!

Waverly, Falaya, Grenada, Collins and Calloway silt loam soils in demand by farmers, and Highly productive when planted to cotton, corn, wheat and sweet potatoes. Presently used for high yielding sweet potatoe production

370 ACRES PANOLA COUNTY MS FARMLAND – Location Map

PANOLA

370 ACRES PANOLA COUNTY MS FARMLAND – Aerial Photo

PANOLA

370 ACRES PANOLA COUNTY MS FARMLAND – Ownership Photo

PANOLA

370 ACRES PANOLA COUNTY MS FARMLAND – Highway Map

PANOLA