Sold
723± Acres
Sold
Montgomery County, Mississippi

723 Acres Timber and Recreational Land for Sale, Montgomery Co., Mississippi

ID: 16117
Status: Sold
Acres: 723±
City, State: Vaiden, Mississippi
County: Montgomery
ZIP Code: 39176
Lat/Long: 33.3250, -89.5580

Description

This approximately 723 acres lies between Vaiden and Kilmichael, Mississippi in an area well known for great hunting. There is a large lake site in the middle of the property where a lake once existed but the levee was not maintained and collapsed. It could be easily restored which would add tremendous fishing and water opportunities to the abundant recreational activities that already exist. There is a centrally located beaver pond offering great duck hunting. Although the hunting opportunities are exceptional, the timber opportunities are the best feature of this property. There is a tremendous amount of merchantable timber ready for harvest giving the buyer an immediate return. With proper management this property can be structured to provide annual income from timber harvests. The timber on this property has the ability to return 100% of the buyers investment in just a few years. This property is a diamond in the rough and has some of the best potential for substantial returns I have seen in years. With plenty of road frontage, there is potential for subdividing into smaller parcels and increasing your returns through higher and better use by tapping into the higher valued market for smaller tracts.
AND - if that's not enough, there are new sawmills scheduled to open in the area next year which should increase timber prices substantially. Remember the old adage - buy low sell high? Now's the time to pull the trigger on this undervalued premium property as it is priced well below what it would appraise for. Is the clock running out on a 1031 tax-deferred exchange? Buy this property and buy yourself more time to find exactly what you're looking for. You can cut timber to gradually exchange into other properties while this one continues to increase in value. Call today to arrange to see this golden opportunity.

Mixed use recreational, timberland; Vaiden, MS 39176; Montgomery County; turkey; waterfowl; whitetail deer; small game; ATV trails; equestrian trails; bird watching; creek; road frontage.

Additional Information

wildlife

  • small game
  • turkey
  • waterfowl
  • whitetail deer

recreation

  • atv trails
  • bird watching
  • equestrian trails

water access

  • creek

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