Waldenburg, AR 72475 - Poinsett County

The subject property consists of 243.5 (+/-) acres located in Poinsett County, Arkansas. The property provides an agricultural and recreational investment opportunity. 98% of the property is irrigated farmland with excellent drainage producing rice, soybeans, and corn. The property is positioned in a major waterfowl area and offers excellent duck hunting. Access is excellent and improvements include a home and shop, duck hunting pit, and two (2) electric wells. The property is offered for sale via sealed bid with three (3) purchase options (see below). Contact Hunter Ziegler at 901-351-5296 or 901-260-4580 to schedule a tour or for additional information.

NOTICE OF LAND SALE BY SEALED BID

We offer for sale the following tract(s) of land in Poinsett County, Arkansas.

The Zirbel Farm

CONDITIONS OF SALE:

1. Sealed bids will be received at the office of Lile Real Estate, Inc., 5521 Murray Avenue, Suite 110, Memphis, TN 38119 until 3:00 p.m. Thursday, April 17, 2014 and at that time privately opened. If your bid is mailed, please indicate on the outside of the envelope Bid on Zirbel Farm. Bids may be faxed to (901) 260-4582. The sale is offered in three purchase options, which are showcased in this offering brochure. The successful bidder will be required to close within and no later than thirty (30) days of the accepted bid. An offer form can be downloaded from this website or by calling 501-374-3411.

2. Acreages are believed to be correct but are not guaranteed. No Survey will be furnished by the Seller. In all cases, no adjustment will be made in the contract price based on any subsequent survey conducted by a Buyer. It is the Prospective Buyers responsibility to verify the accuracy of all acreage.

3. Seller will furnish title insurance.

4. A warranty deed will be prepared by Seller. The Seller will pay half of the documentary stamps required by law for the recordation of the deed.

5. All property taxes will be paid by the owner up to date of the sale.

6. The land will be sold to the highest bidder, however, the Seller reserves the right to refuse any or all bids, to waive any technical defect in bids, and unless otherwise specified by the seller, to accept any bid as may be in the best interest of the seller.

7. At the completion of the bidding process, a final contract will be signed by both Buyer and Seller.

8. Any questions concerning this sale should be directed to Hunter Ziegler of Lile Real Estate, Inc. by calling (901) 260-4583 (office) or (901) 351-5296 (mobile).

All information contained herein has been obtained from sources we believe to be reliable. However, no warranty or guarantee is made to the accuracy of the information.

Agency Disclosure: Lile Real Estate, Inc. is the agent of the owner of the property described within this property offering.