Two-Brakes Reserve | Page 4

property summary Description: Two-Brakes Reserve consists of 446.94 (+/-) acres located in the Southeast Arkansas Delta in Ashley County, just northwest of the town of Portland. The property provides year-round recreational opportunities for hunting and fishing. The land is positioned in the middle of a noted waterfowl rectangle formed by Cut-Off Creek WMA to the north, Overflow NWR to the south, and the abundant rice and soybean fields of the Delta east to the Mississippi River. Bayou Bartholomew runs just west of the hunting grounds and the Mississippi River is 20 miles due east. Duck hunting is conducted via two (2) cypress and tupelo brakes from three (3) constructed blinds. Along with the excellent duck hunting the land provides great deer hunting on CRP acres planted in pines and old-growth timber. Outstanding fishing for bass and crappie can be found on Holloway and Dean Brakes. There are three (3) boat ramps and access is via a county road through a private gate. This outstanding recreational property is offered for sale for $1,162,000 ($2,600.00 per acre). Contact Brandon Stafford of Lile Real Estate, Inc. at 501-416-9748 (mobile) or 501-374-3411 (office) to schedule a tour or for additional information. Location: Ashley County; Southeast Region of Arkansas - Monticello, AR 56 miles - Monroe, LA 70 miles - Little Rock, AR 136 miles - Jackson, MS 143 miles - Shreveport, LA 169 miles Access: Access is provided via an easement. Acreage: 446.94 (+/-) total acres (surveyed acres) Acreage Breakdown 71.3 acres (16%) in Holloway Brake 42.7 (+/-) acres (10%) in Dean Brake 300.2 (+/-) acres (67%) in planted trees under the Conservation Reserve Program Note: Over 300 acres were planted to the strict specifications of the Conservation (+/-) Reserve Program (CRP). Pine plantations and mixed species bottomland hardwoods vary in the age range of 15 to 20 years old. This property is no longer encumbered under any Conservation Reserve Program (CRP) contracts or regulations. 37.74 (+/-) acres (7%) in old-growth timber, roads, ditches, and other Improvements: Three (3) spacious custom floating duck blinds Three (3) boat ramps Utilities: Electricity is available within ΒΌ of a mile. Real Estate Taxes: $1,178.00 (source: Ashley County Assessor) Parcel Number S-T-R Acreage Est. Real Estate Tax 001-00415-000 32-16-04 100.46 $134.00 001-00473-000 04-17-04 309.63 $796.00 001-00494-000 05-17-04 36.86 $60.00 Total: 446.95 $990.00 Recreation: Duck and deer hunting, and fishing Offering Price: $1,162,200.00 ($2,600.00 per acre) Contact: Contact Brandon Stafford of Lile Real Estate, Inc. at 501-416-9748 (mobile) or 501-374-3411 (office) to schedule a tour or for additional information.