Land Investor Magazine Volume 3

Page 107

TENNESSEE PEMBERTON TRACT SUNBRIGHT, TN • 9,000± ACRES • $13,050,000 The Pemberton Tract might be one of the finest timberland offerings on the Cumberland Plateau in Tennessee as its arrangement of income-earning and return-based components is diverse and strong. Raw, undeveloped, and almost split in half by Morgan & Scott Counties, the property consists of vast stretches of pine plantation and hardwoods with traversing or bordering creeks and streams of live water. Approximately 4400 acres was planted in loblolly pine from 2001 to 2006 and much of it needs thinning in the next few years which will generate cash-flow. The balance is mostly of upland hardwoods with some portions of merchantable quality. There is many working oil & gas wells which generate royalty income annually from mineral leases. Several long-standing hunting leases for whitetail deer and wild turkey provide considerable annual income. Photos hanging in a popular local diner prove the quality of the local herds of deer. Wildlife is abundant, giving way to the occasional covey of bobwhite quail and black bear, too. Other valuable components to the Pemberton Tract are its many miles of road frontage on paved county roads and highways, attractiveness to solar farm contractors due to the granting of a recent TVA utility line easement, extensive well-built interior roads, abundant access, and portions of acreage with future residential development potential. • Located in Morgan & Scott Counties of TN on the Northern Cumberland Plateau wihin an hour of Knoxville • 9000± acres of underveloped Plateau timberland with creeks & streams • 4400± acres of loblolly pine planted 2001-06, with projected income from thinning in next few years

RIVER HILLS FARM DAYTON, TN • 950± ACRES • $7,500,000 Almost 3 miles of waterfront shoreline of Chickamauga Lake and a beautiful variety of fields and woodlands make River Hills Farm one of the larger pieces of privately-held, undeveloped properties remaining along the Tennessee River within 45 minutes of the Chattanooga, Tennessee area. Exceptional hay production, managed cattle, and some row-cropping are the farm’s current agricultural operations in its more level acreage. Large stands of older-growth uplands hardwoods and scattered stands of plantation pine dominate the hillier portions of the farm where there are fantastic views of the Tennessee River Valley. Given its diversity of terrain and habitat, whitetail deer and wild turkey hunting is exceptional, and duck hunting along the river’s potholes and sloughs can be very good. And considering its access to the highly productive Chickamauga Lake water around Dayton, TN, which has become well-known as one of the largemouth bass capitals of the Southeast, fishing is one of this property’s highlights. • Great location along banks of Chickamauga Lake & Tennessee River & within 45 minutes of Chattanooga • Annual income from farm, hunting, and house leases • Exceptional deer & turkey hunting, some duck hunting & exceptional fishing • TVA permitted dock construction & access to waterfront with application • Quality hay production & some row-cropping • Merchantable stands of hardwoods and planted pines

For the most up to date information please visit our website or call an agent.

800-238-8616 • www.fayranches.com

• 107


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.