VACHERIE, LA SUGAR CANE PLANTATION FOR SALE AT AUCTION
ST. JAMES PARISH FARMLAND, TIMBERLAND, RIVER FRONTAGE FOR SALE AT AUCTION
Bank Ordered Farmland, Timberland, & River Frontage Auction
1,684 +/- acre sugar cane plantation to be offered in its entirety or any combination on the Mississippi River near Vacherie, LA will be sold at public auction on June 1st 2017 at 6pm CST.
877+/- Acres in Agricultural Production
28+/- Acres River Batture
779+/- Acres Timberland
1,684+/- Total Acres
This prime farmland tract has been in cultivation for generations and has multiple uses, from commercial waterfront and industrial use, to agricultural income production, and timber & recreational uses. This property has highway frontage on three sides, river frontage, and rail & industrial power capabilities. The farm features three access points with a private limestone road down the center. This farm has been extensively managed with good drainage and some laser leveling. The soils are predominantly Cancienne silt loam, and silt clay, gramercy silt clay, shriver clay, and Vacherie very fine sandy loam, all conducive for sugar cane and soybean production.
- 3,000 ft MS River Frontage
- 63ft Deep Water Depth
- Ideal for Deep Water Port!
The property is located in sections 1, 31, 32, 33, 34, 35, 36, 47, 48, 49, 50, 51, & 81, T12S R17E and sections 6, 44, 45, & 80, T12S, R18E, St. James Parish, LA.
The farm consist of three separate tracts and then offered back as one. The northern most tract comprised of Homeplace and Crescent Plantations, is primarily all agricultural consisting of 877+/- acres. The southern most tract is primarily timberland wtih frontage on HWY 3127 and HWY 3213 consisting of 779+/- acres.
Properties like these do not come up for sale very often and are usually held in families for generations. Don’t miss this opportunity of a lifetime to bid on this wonderful property.
This property may be sold in its entirety or any combination of the three tracts. Example, Tract 1 877+/- Acres Ag, Tract 2 779+/- Acres Timberland, Tract 3 28+/- Acres River Frontage, Tract 4 Any Combination, Tract 5 Entirety.
There is currently a three year farm lease in place with the option to renew on the agland portion of the property.
Mineral rights do not convey.
2016 property taxes are $4,229.92.
This property is only 8 minutes from I-10 and 21 minutes from New Orleans International Airport. Contact Chris Lemoine or Barbara Bonnette for more information on this property at 318-443-6614.
Soil maps are located under the documents tab.
REAL ESTATE TERMS & CONDITIONS
BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 45 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818
TAXES: Taxes will be pro-rated.
MINERALS: To be determined. Will update.