70 Pippens Rd, Mangham, LA 71259 - Richland Parish

This is a SEALED BID AUCTION only, there will be no second chance bids so submit your best offer via the sealed bid form by 10/13/2022 at 5:00 PM CDT

Bidding is now open and will end 10/13/22 at 5:00 PM CDT.

M Ranch is simply the finest trophy whitetail ranch on the market within the State of Louisiana. If youre in search of monster bucks, then there is no need to look any further. With 1424 +/- acres under high fence, M Ranch is the perfect size and composition to maximize results through the wildlife management program while also offering extremely challenging and rewarding hunting opportunities. This property is also located within the waterfowl flyway and provides tremendous duck hunting potential, as well as abundant dove and even the occasional turkey. Luxurious accommodations combined with endless trails and extensive improvements make this versatile property the perfect private ranch or corporate entertainment retreat. M Ranch currently operates on an annual cashflow positive basis through private hunts offered to a limited number of select repeat clients.

Multiple cleared food plots, totaling approximately 250 acres, grow lush with Winter Wheat and Soy Beans. These fields contrast beautifully with the thick hardwoods providing ample sanctuaries and native forage for the wildlife.

A selective timber cut was performed on the property in 2009, which produced approximately $750,000 of revenue. The land is anticipated to be ready for another cutting in 2024.

125.1 acres of the land was placed in the Conservation Reserve Program (CRP). This generates approximately $8861 in revenue per year for the landowner. One contract is set to expire in September of 2029 and three other contracts expire in 2034. There are also $200,000 in CSP payments on the wooded land.

The ranch has numerous creeks that carve through the land like a series of veins. This series of drainages flow water to every corner of the property.

One turbine well and two open casing are in place to access the superb subsurface water.

Several stock tanks catch and hold water throughout the ranch.

M Ranch offers some of the best white-tailed deer genetics you will find anywhere. Several 400+ deer have been harvested on the ranch with the record scoring an amazing 505 B&C Gross! Numerous trophy bucks are harvested on an annual basis with an antler mass score within the 200 - 300 range. Bloodlines can be traced, and meticulous management practices have been utilized since the high fence was installed in 2009. These are deer you must see to believe!

The custom designed 5000 +/- SQFT home has 5 bedrooms and 4 full baths. The two-story house was built in 2009 and includes updated amenities, large windows to accentuate the scenic views, covered parking and two wrap-around porches. There is also a backup generator that powers the home in case of a power outage. The home is fit for a king and queen and would make a great lodge or corporate retreat. Other improvements include 40x80 barn, covered equipment storage and Equestrian stalls.

Other potential revenue streams include Airbnb opportunities as well as an off season wedding venue that could generate up to $300,000+/- per year.

Potential for carbon credit offset in combination with corporate retreat. 50% of seller mineral rights will convey and there is potential for Lithium production based on local research and maps.

Bidding will start at $8,500,000. Call, email or text to schedule a tour of this great property and home.

Details:

Farm #: 5695

Deeded acres: 1424+/- acres

FSA Farmland Acres: 1374.51+/- acres

DCP Cropland Acres: 334.33+/- acres

Base acres and Yield: Seed cotton 165.33 Base acres/PLC yield 166, Rice-Long Grain 42.82 base acres/PLC yield 2768, Rice-Medium Grain 1.10 base acres/PLC yield 2775

CRP Acres/payment: 125.10 acres(78.84 acres paying $6162/yr exp 2029 and 46.29 acres paying $2699/yr exp 2034

Soil Types: Necessity Gilbert silt loam, Gigger silt loam and Perry Clay

Taxes: $5619.23

Lease Status: Open Tenancy for 2022 crop year

Possession: Immediate possession subject to current tenants rights for 2021

Survey needed?: No survey needed

Brief Legal: S17/18/19/20/29/30 T15N R6E in Richland Parish LA

Lat/Lon: 32.62142, -91.59843