BAYOU DEVIEW RICE & DUCK FARM SOLD

610 ACRES farmland

FISHER, ARKANSAS

Located 4 miles Northwest of Hickory Ridge, Arkansas in Poinsett County, this 610 acre investment grade farm presents the opportunity to own not only an income generating rice farm, but also an outstanding waterfowl hunting property that has the potential to harvest well over 1000 ducks per season. This Arkansas farm features a strong rice base with an average yield of 160 bushels per acre and a soybean yield of 45 bushels per acre. The entire farm is irrigated by 4 wells and has levees, underground pipe, and water control structures in place. Other improvements include a 40 x 50' metal shop building, 3 duck pits, 1 blind, and a 3 bedroom mobile home with a 1 acre lot in Hickory Ridge. Exclusively listed at $2,135,000 ($3,500/ac)

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Video of Ducks and Geese 2010

Property Features:
Total Acreage: 610
Cultivatable Acres:  515 acres (85% Tillable) remainder in green timber along
the Bayou Deview
Irrigation: 100% of the farm is irrigated using 4 wells, 2 of which are new.
Strong water levels in this area which is recharged by
Bayou Deview and the Cache River
Return: 4-5%
Hunting: 2 outstanding duck holes which can each harvest 500-1000 ducks.
Excellent goose hunting as well as good deer hunting potential
Tenant: Keith Houchin

Rent: Farm: 2011:   $59,240 ($115 per cultivatable acre) paid in advance in Feb.
2012:    $64,925 ($125 per cultivated acre) paid in advance in Feb.
Potential Duck Lease:  $25,000 per year
   Total Income:   $84,240 for 2011 = 4.3% return
$89,925 for 2012 = 4.6% return

Taxes: approximately $2,500 per year

FSA Data (2008): Crop       Base Acres      Payment Yield        Direct Payment
Rice              300                    4799lbs.                  $25,630
   Soybeans      219                      22bu.                     $1,477
   Total             519                                                    $27,017

Soils: Soils consist of Jackport Silty Clay Loam, Tichnor & Hilleman Silt Loam

Improvements: -4 wells (2 of them are new)
-3500 feet underground pipe.
-3 pits and 1 blind
-10 foot, 1 mile long levee w/ 5 water control structures built into the levee
to control the water and protect the property in the event the
Bayou DeView floods.
-40 x 50' metal shop building
-Almost all the ground is level.
-100% irrigated

Trailer: A doublewide trailer is included in the sale and is located in Hickory Ridge
on a one acre lot that is in pretty good shape. 3 bedrooms and 2 bathrooms.
10 minutes from the farm.