55 +/- ac timberland for hunting in Union Parish, LA
The price got your attention but understand that this tract has a timber lease in place until July 2042. It is suited for a long-term cash investment where
you earn some return on investment from the lease. Future benefits will be the appreciation of land value and any potential oil/gas activity.
The timber is leased by Weyerhaeuser. The landowner gets $20 / acre per year for the lease AND 5% of the market value of the timber that is cut at each
thinning and final clear cut. The landowner still has all the rights to the hunting and any mineral development.
This tract has been 1st-thinned and is set for good growth. It has a couple small drains that run through it that will provide some good locations for
Location: Situated between West Monroe and Farmerville on Goldsmith and Williams Colony Roads. The SW corner is 1.7 miles from Hwy 15 along Williams Colony
Access: Williams Colony road cuts across the southwest corner of the property and Goldsmith road runs along the south end.
Legal Description: Situated in Section 25-T19N-R1E, Union Parish, LA
Asking Price: $60,500
NOTE: Buyerâ€™s agents see the commission information in the footer of the RecLand site.