Welcome to Coldwater Flats, a 1,355+/- acre sportsman's paradise that features 2 cabins and nearly 4 miles of Coldwater River frontage just 30 minutes south of Memphis and 1 hour from Oxford. This investment grade, legacy property boasts a whopping $76,163 annual CRP payment until 2030 (2.5% return on list price). The rustic cabins are 1,277 sq ft 2 bedroom/1.5 bath and 577 sq ft 1 bedroom/1 bath, both with covered storage areas and freshly painted exteriors. The duck hunting at Coldwater Flats is incredible with over 100 acres of natural sloughs and impoundments. Take the time to look through all the history pics to see for yourself. Abutting well-known Beartail Farms and Arkabutla Lake being close by, this puts Coldwater Flats on the 'X' for a large number of mallards year after year. The deer & turkey hunting is excellent with established food plots and several large bucks harvested over the years. The turkey population is very healthy with consistent sightings. Extensive land improvements include gated entrance, gravel interior roads, mulched trails, duck impoundment w/flash board riser pipe, railcar bridge, 800-lb steel gravity feeders, shooting houses, etc. All food plots have been disked and planted as of 10/24. For the investor, there is potential for additional income streams through carbon sequestration, CSP program, and hunting leases. There is also a significant amount of hardwood timber on the property that could be harvested in the future. With all the amenities of Hernando just 10 minutes away, Coldwater Flats is a true turn-key property that is ready for you to start making memories right away!
|DAYS ON MARKET||147||LAST UPDATED||2/28/2023|
|TRACT||Metes And Bounds||COUNTY||DeSoto|
|Prior to Dec 13, '22||$2,981,000|
|Dec 13, '22 - Today||$2,849,000|
|LOT DESCRIPTION||Many Trees|
|SUBDIVISION||Metes And Bounds|
TOTAL MONTHLY PAYMENT
Listing information is deemed reliable, but not guaranteed.
Copyright 2023, Mississippi Gulf Coast Multiple Listing Service, Inc.
This IDX solution is (c) Diverse Solutions 2023.
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