flyway farm

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Acreage: 186.8 (+/-)
Type: Recreational and Agricultural
Location: Crittenden and Cross Counties, Arkansas
Price: $725,000.00 (Partial Interest - 75%)

Contact: Gar Lile or Gardner Lile

The "Flyway Farm" offering is an exceptional opportunity to acquire partial interest (75%) in a turn-key recreational investment opportunity that is located only 30 miles from downtown Memphis. The ownership has averaged approximately 695 +/- ducks per season over the last seven seasons primarily on owned land. The total fee owned property is 186.8 +/- acres, of which 93.4 +/- acres are enrolled in the Conservation Reserve Program that has an annual payment of $7,461.98, and provides great deer and duck habitat. There is a 20.0 +/- acre tract in agricultural production on the west side that is irrigated by a six (6) inch electric well, that is also precision leveled. The southern field of the west tract has a well-hidden pit that has risers on both sides to keep water open during freeze ups. The property also has a block of approximately 28.00 +/- acres of woods that are impounded and that can be artificially flooded from an adjoining landowner’s well. The eastern precision leveled field and impounded acreage enrolled in the Conservation Reserve Program directly east of the lodge has a concealed pit. Both areas can be irrigated by an eight (8) inch electric well that is near the lodge, and there are also risers on both sides of that pit that keep water open during freeze ups. The ownership has historically maintained dove fields in the 3.0 +/- acre camp field, and in a portion of the northeastern tract. A 3.5 +/- acre fishing pond is located just east of the lodge as well. A unique feature of this ownership is that in addition to hunting the lands they own, they also have the hunting rights to 200 +/- more acres that border the ownership which endures for the next fourteen years, these hunting rights will convey to the new owner. This property has been developed intensely for waterfowl hunting, with trees planted, irrigation strategically placed, and food planted annually in different areas for waterfowl.

Completing this recreational property is a 5 bedroom, 2 bathroom painted cypress lodge that is approximately 3,170 +/- square foot, constructed in 2001, and ideally situated on a knoll overlooking the hunting habitat. Portions of the lodge have been added on since original construction. There is an excellent boot room that has individual lockers and french drains that make it very easy to keep the area clean. The lodge also features a large wooden deck, complemented by a propane heater, off the rear entry that overlooks the east field and one of the impounded CRP tracts that offer great views of ducks coming in to roost for the evening. Next to the lodge rests a heated barn with a matching exterior that provides ample room for storing hunting equipment.

This is a unique opportunity for one to three individuals to acquire 75% interest in the existing ownership entity of this historically proven, turn-key recreational property specifically developed for duck and deer hunting with ease of access and close proximity to Memphis and Little Rock. This partial interest of 75% is offered for sale for $725,000.00. Any questions concerning this offering, or to schedule a property tour should be directed to Gar Lile (mobile: 501-920-7015) or Gardner Lile (mobile: 501-658-9275) of Lile Real Estate, Inc. (office: 501-374-3411).
 


DISCLOSURE STATEMENT
Lile Real Estate, Inc. is the listing agency for the owner of the property described within this offering brochure. 

A representative of Lile Real Estate, Inc. must be present to conduct a showing. The management of Lile Real Estate, Inc. respectfully requests that interested parties contact us in advance to schedule a proper showing and do not attempt to tour or trespass the property on their own. Thank you for your cooperation.

Some images shown within this offering brochure are used for representative purposes and may not have been taken on location at the subject property.

This offering is subject to errors, omissions, change or withdrawal without notice. All information provided herein is intended as a general guideline and has been provided by sources deemed reliable, but the accuracy of which we cannot guarantee.