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17140 Skelton Rd - Skelton Farm 839.3 Acres of Agricultural Land Offered at $5,999,000 in Winslow, AR 72959

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INVESTMENT HIGHLIGHTS

Great views
Cell tower lease is transferrable paying $40,000 annually

Fencing is new two years ago around entire property

EXECUTIVE SUMMARY

150 head of cattle have been on the property annually for the past three years. Multiple loads of poultry litter applied annually producing great grass for grazing and enough hay on this property to feed 150 head. Tower income is transferrable with multiple years left on the current lease. Tower lease can be sold for $750,000 and approximately 400 acres put into a land conservation program at approximately $20,000 per year. Two existing cell towers poay $40,000 annually if new owner wants to keep them.

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER AC
Gross Rental Income	$40,000	$47.66
Other Income	$10,000	$11.91
Vacancy Loss	-	-
Effective Gross Income	$50,000	$59.57
Net Operating Income	-	-

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$40,000
Annual Per AC	$47.66

Other Income
Annual	$10,000
Annual Per AC	$11.91

Vacancy Loss
Annual	-
Annual Per AC	-

Effective Gross Income
Annual	$50,000
Annual Per AC	$59.57

Net Operating Income
Annual	-
Annual Per AC	-

PROPERTY FACTS

Price	$5,999,000	Property Subtype	Agricultural
Sale Type	Investment	Proposed Use	Hold For Investment Agribusiness
No. Lots	1	Total Lot Size	839.30 AC
Property Type	Land
Zoning	none - none

Price	$5,999,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Proposed Use	Hold For Investment Agribusiness
Total Lot Size	839.30 AC
Zoning	none - none

1 LOT AVAILABLE

Lot

Price	$5,999,000	Lot Size	839.30 AC
Price Per AC	$7,147.62

Price	$5,999,000
Price Per AC	$7,147.62
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.

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