$2,849,000
$2,849,000
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6500 Getwell Rd Hernando, MS 38632
3 Beds
3 Baths
1,849 SqFt
Key Details
Sold Price $2,849,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Square Footage 1,849 sqft
Price per Sqft $1,540
Subdivision Metes And Bounds
MLS Listing ID 4032027
Sold Date 04/17/23
Style Ranch
Bedrooms 3
Full Baths 2
Half Baths 1
Originating Board MLS United
Year Built 2002
Annual Tax Amount $2,455
Lot Size 1355.000 Acres
Acres 1355.0
Property Description
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!
Location
State MS
County Desoto
Interior
Interior Features Open Floorplan
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Wood
Fireplaces Type Other
Fireplace No
Window Features Vinyl
Appliance Refrigerator
Exterior
Parking Features Driveway, Gravel
Utilities Available Electricity Connected
Roof Type Mixed
Porch Porch
Garage No
Building
Lot Description Many Trees
Foundation Other
Sewer Private Sewer
Water Well
Architectural Style Ranch
Level or Stories Two
New Construction No
Others
Tax ID Multiple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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