Bid Date: Friday, September 12, 2014 at 3:00 P.M. in the Monticello Office.
Kingwood Forestry Services, Inc. has been authorized to manage the sale of +/- 3.675 acres, more or less, in Union County, Arkansas. The Spooner Tract is located in southwestern Union County three miles west of Junction City, Arkansas and is easily accessed by Laney Road. The property is being sold on the basis of lump sum sealed bids on Friday, September 12, 2014.
Tract Description:
The tract is located in the E of the NE of the NE Section 32, Township 19 South, Range 16 West in Union County, Arkansas, containing 3.675 acres, more or less. The timber on the property is natural pine and hardwood.
Laney Road is along the western boundary of the tract and provides excellent access. Junction City is just 3 miles to the east and El Dorado is less than 20 miles to the north of the property. This property...
Laney Road is along the western boundary of the tract and provides excellent access. Junction City is just 3 miles to the east and El Dorado is less than 20 miles to the north of the property. This property is suitable for a house site and rural utilities are nearby. The timber on this property is mature natural pine sawtimber that has a hardwood pulpwood understory. The standing timber on the tract offers immediate income potential from a timber sale. This property is better suited for a rural home site than it is timber investment due to its small size.
Timber Inventory: A timber inventory has not been conducted. A site visit to the property by Kingwood Forestry Services, Inc. was conducted on August 6, 2014 and based on this visit our forester made an ocular estimate of approximately two (2) loads of mature natural pine sawlogs per acre. Any potential buyer should visit this property and make their own determination of timber volume.
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