24-033C Gin Creek Highway 40 South

Ranch Description

This nice timber tract is located 6 miles west of Luverne, 15 miles east of Greenville and 45 miles south of Montgomery. The property fronts on Highway 40 for one half mile with water and power along the road. The tract is completely timbered except for a large gameplot near the center of the property. Almost 39 acres of the pine plantation are in the crop reserve program with six years left on the contract. The balance of the timber is in three year old planted pines with some hardwood areas around the edge. The timber on this tract looks good and with the yearly CRP income, the tract would provide the new owner a good return on his investment. The owner leases 120 of adjoining land to hunt on and this gives the property even more recreational value. This lease can be transferred with the purchase.