Arkansas 41, Winthrop, AR 71866 - Little River County

This tract will be sold on the basis of a lump sum sealed bid. All offers must be submitted on the attached

offer form. Offers will be opened at Kingwoods Texarkana office at 4414 Galleria Oaks Dr., Texarkana,

Texas, on Friday, October 13, 2023 at 10:00 a.m. No phone/verbal offers will be accepted. Please submit

offers by e-mail, fax, US mail, or hand deliver.

This is an excellent opportunity for a first-time timberland investor. It has

immediate thinning income as well as a final harvest that should be ready within

10 years. This is a fully stocked plantation with about 140 tons/acre.

Site index is 90 (base age 50). Access is via a Weyerhaeuser gravel road and

along a woods road in the powerline right of way to the southwest corner of

the property. Bring your ATV/UTV to tour this property.

Conditions of Sale:

1. The Seller reserves the right to accept or reject any offer, or to reject all offers.

2. Offers submitted should remain valid for five (5) business days. Upon acceptance of an

offer, a Contract of Sale will be executed within five (5) business days along with earnest money

in the amount of five percent (5%) of purchase price. A sample Real Estate Sales Contract may be

provided upon request. Closing is expected within 45 days of contract execution.

3. Only offers for a specific amount will be considered. The parcel is being sold in its

entirety and not for per acre price. Advertised acreage is believed to be correct, but is not

guaranteed. The attached maps are thought to be accurate but should not be considered a survey

plat.

4. Conveyance will be by General Warranty Deed subject to all previous mineral conveyances,

reservations, and exceptions, to any valid rights-of-way, easements, leaseholds, and to any

protective covenants or restrictions which may have been recorded and affect the property. No

environmental inspection or representation has been or will be made by seller. Seller will convey

any mineral rights they own.

5. Seller will pay for a title insurance policy, pro-rated property taxes to date of closing,

and real estate commission to Kingwood.

6. Buyer is responsible for deed preparation, recording costs, all other costs, and a survey if

needed. A title company selected by Seller will conduct the closing unless the Buyer requests

otherwise. Should Buyer be required by a lender to purchase a lenders title insurance policy, the

Buyer will pay any fees for such policy.

7. It is understood that the property is being sold As is, where is, and with all faults

condition. Seller makes no representations or warranties of any kind with respect to the condition

or value of the Property or its fitness, suitability or acceptability for any particular use or

purpose.

8. Property inspections shall be done in daylight hours. Seller and Kingwood Forestry Services,

Inc. in no way make any representations or warranties regarding the conditions of the property,

including any and all access routes, and all persons entering upon the property do so at their own

risk and accept said property as-is in its existing condition during such inspections. All per-

sons entering upon the property assume all risks and liabilities and agree to indemnify, defend,

and hold harmless Seller, its affiliates, officers, directors, managers, agents, representatives

and employees from and against any and all claims, demands, causes of action, injuries

(including death) and damages resulting from any accident, incident, or occurrence

arising out of, incidental to or in any way resulting from his or her inspection of the property

or his or her exposure to the conditions of the property.

9. Hunting equipment (such as deer stands, feeders, trail cameras, etc.) and any other man-made

items found on the property do

not convey unless stated otherwise.

10. Kingwood Forestry is the real estate firm acting as the agent for the seller. All information

presented in this prospectus is believed to be accurate. Buyers are advised to verify information

presented in this sale notice.