Pearl River County Tract

Location

Pearl River County, MS

Price

$2,964,000

Acres

1,140

Status

Available

Description

Tract Description:  An approximate 1,140 acres of timerland located south of highway 26 between South Valley Road and Mitchell Road.  Interior access on this tract is provided by internal roads and trails.  This tract has great potential for lot development, recreational use, or timberland investment.

Conditions of Sale:

Minerals:  No oil and gas mineral rights will be conveyed by Seller.  Seller is reserving a 50% royalty interest in any rock, sand gravel, and aggregate that may be produced by Purchaser.

Fiber Assignment:  These tracts are subject to a fiber supply agreement with Gaylord Container Corporation giving Gaylord the right of first refusal on any pulpwood removed from the lands.  Complete details of this encumbrance are available upon request.

Closing:  Terms of the sale:  a 5% deposit will be required upon execution of Buy-Sell Agreement, closing to take place within 30 days of agreement, cash or certified funds are required at closing.  The Seller will provide a Warranty Deed to the property.  The Seller is unaware of any hazardous or environmental concerns on this property.  The Seller believes the title to be clear; however, if a title search reveals the need of curative work, the Seller shall have a reasonable amount of time to clear title.

Inspection Of The Property:  Prospective buyers may enter upon the lands for inspection at any time provided they have completed and submitted an entry permit.  Entry permits are to be sent via U.S. mail to Butch Vines 313 Telly Road PMB 16 Picayune, MS 39466

Contact Us:  Please contact Vines Realty and Land LLC, Butch Vines (409) 201-6815 / edgar_vines@msn.com for additional information and questions regarding this property, or visit our web site for other property listings:

www.thesouthernlandgroup.com

Price: $2,964,000