TBD Pumphouse

Description

Three non-contiguous tracts totaling 465 acres in Prince George County! This property is a hunter's dream and great long term timber investment. All three tracts are very close in proximity and bring swamp land, replanted pines, large hardwood timber and open acreage all together in one purchase. The three tracts included are 157.003 acres, 111.546 acres and 196.17 acres totaling 464.719 acres. Also included in the pictures is a proposed further subdivision of the property that has NOT been submitted to the county but would provide $250-275,000 of re-sale value. The logger that cut the timber a few years ago also estimates there is around $100,000 of harvestable hardwood timber still on the property as well and is prepared to purchase it upon closing. Additionally, 100 acres of the property was professionally sprayed and 185 acres was professionally replanted after timber was harvested in 2018. The properties provide extensive road frontage on Pumphouse Rd, Loving Union Rd, Thweatt Rd and Robin Rd. Seller is open to owner financing with $300,000 down on a 20-yr term and 4.5%!!