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17140 Skelton Rd - Skelton Farm 839.3 Acres of Agricultural Land Offered at $8,374,124 CAD in Winslow, AR 72959
INVESTMENT HIGHLIGHTS
- Great views
- Cell tower lease is transferrable paying $40,000 annually
- Fencing is new two years ago around entire property
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$55,837
|
$66.53
|
| Other Income |
$13,959
|
$16.63
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$69,796
|
$83.16
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $55,837 |
| Annual Per AC | $66.53 |
| Other Income (CAD) | |
|---|---|
| Annual | $13,959 |
| Annual Per AC | $16.63 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $69,796 |
| Annual Per AC | $83.16 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $8,374,124 CAD | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 839.30 AC |
| Property Type | Land | ||
| Zoning | none - none | ||
| Price | $8,374,124 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 839.30 AC |
| Zoning | none - none |
1 LOT AVAILABLE
Lot
| Price | $8,374,124 CAD | Lot Size | 839.30 AC |
| Price Per AC | $9,977.51 CAD |
| Price | $8,374,124 CAD |
| Price Per AC | $9,977.51 CAD |
| Lot Size | 839.30 AC |
839.3 Acres of ranch land located on top of Ozark Mtns. Great fencing for cattle enclosing multiple pastures. Two barns for equipment and hay storage. Several ponds. Two cell towers are on the property producing $40,000 income per year.
DESCRIPTION
Property has been used for a cattle farm for multiple years. Current owner refenced all of the pastures two years ago. 150 cows have been on the property and still sufficient forage for a great hay crop. Road is owner maintained but a good road. Two cell towers are located on the property with transferrable leases to a new owner paying $40,000 annually. Poultry litter has been used annually to maximize the grass and hay crop. Hunting has been licensed to individuals for bear, deer and other wildlife previously. There are two barns for storing hay and equipment. There are run in sheds and working pens in one of the barns. There is potential for natural gas wells but none currently. Property has electricity but wells are necessary for building homes. Skelton Rd runs through and ends on the property. If new owner desires, the cell tower leases can be sold for $750K and approximately 400 acres put into a conservation program paying $20,000 annually.
Presented by
17140 Skelton Rd - Skelton Farm
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