Des Arc Arkansas Row Crop Farm
Productive row crop farm in Central Arkansas. This property is irrigated with one well, and the 63.4 acres are almost all productive tillable acres (60.1). With 880 feet of highway frontage, the farm borders the Des Arc, AR city limits, and is only 1.5 miles from the city center.
The total price of the farm is $259,038 or $4,085/acre.
63.4 gross acres, with 60.1 tillable acres.
Farmer has historically rotated between soybeans and corn for better income and soil health.
With close proximity to Des Arc, AR the farm carries some development potential with part of the farm already zoned for commercial use.
Gross cash yield expected at 3.48%. Lease negotiation for 2020+ currently in process.
Standard AcreTrader management fee of 0.75% applies annually.
Anticipated dividend payments occur on December 15 annually, beginning December 2019.