New Hope Farm: Summary
The New Hope Farm is located in St. Francis County, Arkansas near the town of Hughes and totals 2,011 (+/-) acres. This work horse of a farm is located in a area known throughout the Mid-South for producing great crops. Cotton, wheat, beans and corn have been successfully grown by the owners for 30 years. For a Buyer that wants to own one of the best, here is the chance. This is an investment grade farm, in one large contiguous block. A rare find today.
The New Hope Farm is improved with 300 +/- acres of precision leveled cotton ground, 2 large center pivots provide an ample amount of irrigation water, a house suitable for an owner, manager or clubhouse, a shop and a pole shed.. This is active, working and highly productive agricultural operation has seen crops that are second to none. Historical yields comfortably show productivity at very high levels.
Cotton- 1,269lbs / acre
Wheat- 89 bushels / acre
Soybeans: 59 bushels / acre
Corn- 146 bushels / acre
The New Hope Farm rests right in the middle some of the best waterfowl hunting areas in the world with many high-profile, private hunting clubs nearby and the mighty Mississippi River only a few miles away. Ducks, deer, rabbits, turkey and geese are known to frequent the farm. A cypress break on the farm looks as if it were pulled from the pages of a magazine.
New Hope Farm is close to the amenities of Memphis, Tennessee and Tunica, Mississippi both a short drive away.
Access is provided via an asphalt road and a county road.
The 1926.0 (+/-) acres of total farmland, have Farm Service Agency bases for wheat, cotton and soybeans. There are four (4) wells on the property. The general area is known for its easily accessed static water levels, so irrigation for the future is not a concern.
One pivot is approx. 3,000 ft and the other is approx. 2,300 ft. Both pivots are powered by diesel engines.
In closing, this property and its existing structures make an excellent investment grade farm and recreational property. It has immediate farm income and excellent duck, goose, dove, turkey and deer hunting opportunities. The highly productive soils create a great opportunity for a quality return on investment.
The property is competitively offered for sale at an asking price of $8,550,00.00.
Any questions concerning this offering or to schedule a tour should be directed to Franklin