UpcomingIncredible Deer Farm-Sealed Bid Auction - 1424 Acres

AuctionUpcoming
Auction Date13October

1424 Acres / Richland Parish, LA

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Auction Location:70 Pippens Rd, Mangham, LA 71259

Auction Type:Reserve

Auction starts in:00 months, 07 days 10 hours 23 minutes

Auction Date:

This is a SEALED BID AUCTION only, there will be no second chance bids so submit your best offer via the sealed bid form by 10/13/2022 at 5:00 PM CDT.

Seller has chosen the sealed bid method of marketing this unique property in order to keep all bidders' bids confidential so bid with confidence. This auction is a reserve auction and subject to seller acceptance and all bids will be reviewed within 24 hours of bid closing.

M Ranch is simply the finest trophy whitetail ranch on the market within the State of Louisiana. If you’re in search of monster bucks, then there is no need to look any further. With 1424 +/- acres under high fence, M Ranch is the perfect size and composition to maximize results through the wildlife management program while also offering extremely challenging and rewarding hunting opportunities. This property is also located within the waterfowl flyway and provides tremendous duck hunting potential, as well as abundant dove and even the occasional turkey. Luxurious accommodations combined with endless trails and extensive improvements make this versatile property the perfect private ranch or corporate entertainment retreat. M Ranch currently operates on an annual cash flow positive basis through private hunts offered to a limited number of select repeat clients.

Multiple cleared food plots, totaling approximately 250 acres, grow lush with Winter Wheat and Soy Beans. These fields contrast beautifully with the thick hardwoods providing ample sanctuaries and native forage for the wildlife.

A selective timber cut was performed on the property in 2009, which produced approximately $750,000 of revenue. The land is anticipated to be ready for another cutting in 2024.

125.1 acres of the land was placed in the Conservation Reserve Program (CRP). This generates approximately $8861 in revenue per year for the landowner. One contract is set to expire in September of 2029 and three other contracts expire in 2034. There are also $200,000 in CSP payments on the wooded land.

The ranch has numerous creeks that carve through the land like a series of veins. This series of drainages flow water to every corner of the property.

One turbine well and two open casings are in place to access the superb subsurface water.

Several stock tanks catch and hold water throughout the ranch.

M Ranch offers some of the best white-tailed deer genetics you will find anywhere. Several 400”+ deer have been harvested on the ranch with the record scoring an amazing 505” B&C Gross! Numerous trophy bucks are harvested on an annual basis with an antler mass score within the 200” - 300” range. Bloodlines can be traced and meticulous management practices have been utilized since the high fence was installed in 2009. These are deer you must see to believe!

The custom designed 5000 +/- SQFT home has 5 bedrooms and 4 full baths. The two-story house was built in 2009 and includes updated amenities, large windows to accentuate the scenic views, covered parking and two wrap-around porches. There is also a backup generator that powers the home in case of a power outage. The home is fit for a king and queen and would make a great lodge or corporate retreat. Other improvements include a 40’x80’ barn, covered equipment storage and equestrian stalls.

Other potential revenue streams include Airbnb opportunities as well as an off-season wedding venue that could generate up to $300,000+/- per year.

Potential for carbon credit offset in combination with corporate retreat, 50% of seller mineral rights will convey and there is potential for Lithium production based on local research and maps.

Bidding will start at $8,500,000. Call or text Agent Clint Wood to schedule a tour of this great property and home. (318) 348-0675

Details:

Farm #: 5695

Deeded acres: 1424+/- acres

FSA Farmland Acres: 1374.51+/- acres

DCP Cropland Acres: 334.33+/- acres

Base acres and Yield: Seed cotton 165.33 Base acres/PLC yield 166, Rice-Long Grain 42.82 base acres/PLC yield 2768, Rice-Medium Grain 1.10 base acres/PLC yield 2775

CRP Acres/payment: 125.10 acres(78.84 acres paying $6162/yr exp 2029 and 46.29 acres paying $2699/yr exp 2034

Soil Types: Necessity Gilbert silt loam, Gigger silt loam and Perry Clay

Taxes: $5619.23

Lease Status: Open Tenancy for 2022 crop year

Possession: Immediate possession subject to current tenant's rights for 2021

Survey: No survey is needed

Brief Legal: S17/18/19/20/29/30 T15N R6E in Richland Parish LA

Lat/Lon: 32.2692, -91.9527

  • This is a SEALED BID AUCTION only

  • $250,000 down payment immediately after auction - cash, personal, or business checks accepted

  • If the winning bid is online, you will be immediately contacted to make arrangements for the down payment and a purchase contract will be sent via DocuSign

  • High bidder has 30 days to close unless otherwise noted

  • Announcements on auction day will take precedence over any prior announcements

  • This is a no contingency sale and is not subject to financing or additional inspections

  • Possession at closing, subject to tenant’s rights, if any

  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

  • Beautiful 5 bed/4 bath lodge

  • 25 +/- minutes from Monroe Airport

  • High end deer genetics

  • Electric gate access

  • High fenced

  • 250 +/- acres tillable

  • Feeders and stands in place

  • Revenue generated from deer hunts, CRP contract, CSP payments, farm/agriculture, wedding venue and Airbnb opportunities

  • SEALED BID AUCTION only

Auction Documents

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The broker and Auction Company represent the seller only and do not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are prorated through the day of closing as is customary. Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Tracts sold by the acre - The contract will indicate the current acreage , bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that results in a change to acreage, the contract will be adjusted to that acreage prior to closing and purchase price will reflect that change in acreage.

If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following auction to the Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent with the Purchase Agreement thru DocuSign. The balance of the purchase price and all closing costs are due within 30 days.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217)-922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate but seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All sale day announcements will take precedence over any prior advertising or announcements.

LEGAL DESCRIPTIONS AND ACREAGE FIGURES:
All stated Measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more or less and obtained from sources to be considered reliable such as; government tax records, mapping software, assessors office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.

Licensing

IN COOPERATION WITH WHITETAIL PROPERTIES REAL ESTATE LLC (BROK.0995686674-COR)

Ranch & Farm Auctions, LLC LA license AB-527

Sybil Stewart, Louisiana Broker, License # BROK.0995680726-ACT

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Clint Wood, Louisiana Land Specialist for Whitetail Properties Real Estate, LLC, 318-348-0675


Auction Type

Sealed Bid Auction

Seller has chosen the sealed bid method of marketing this unique property in order to keep all bidders' bids confidential so bid with confidence. This auction is a reserve auction and subject to seller acceptance and all bids will be reviewed within 24 hours of bid closing.

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